Chess South Africa has released an update regarding its debt to FIDE. This follows the press release made earlier in the month. Below is the full text of the announcement.
26 August 2015
PRESS RELEASE FROM THE CHESS SA PRESIDENT’S DESK
Dear South African Chess Community
RE: CHESS SOUTH AFRICA’S DEBT TO FIDE & WYCC2014 ARBITERS
It is with great pleasure that we can inform you that Chess South Africa has settled its full outstanding FIDE debt of €44 000 (FORTY-FOUR THOUSAND EUROS) yesterday Tuesday 25 August 2015.
We are also in the process of settling all 2014 World Youth Arbiters’ payments within the next few days.
This is truly a watershed moment for chess in the history of this organization. We shall soon be in a position of zero debt. We can then focus on rebuilding the organization and putting the past in the past.
We wish to take this opportunity to thank all the players and parents for their patience in this matter. When you believe in something very strongly, it will be realized. We must always have HOPE and things will happen. We should always encourage positive thoughts, which could rub off on each other.
We would like to thank the Chess South National Council, made up of the nine Provinces, the Players’ Committee and SA Schools for their commitment to this process. We would also like to thank the Chess SA Finance Committee, Chess SA Executive Board and 4Knights (Pty) Ltd for finalizing this process and pushing it through. All of the aforementioned were instrumental role players in shaping Chess South Africa’s new landscape.
We trust that you will share in our joy and together we will build again. Gens UNA SUMUS (We are all one family)! Go out there as Chess SA Ambassadors, armed with HOPE.