
The final agreement between FIDE President Kirsan Ilyumzhinov and the President of the Bulgarian Chess Federation Stefan Sergiev was signed in Sofia, Bulgaria. The prize fund is two million Euros (we are told that it is to be transferred to FIDE on January 10th). Ilyumzhinov met with the President Georgi Parvanov of Bulgaria, who is guaranteeing the conditions of the match.
See Chessbase FIDE press release.