Timur Turlov withdraws funding for chess player Bibisara Asaubayeva
Kazakh chess player Bibisara Asaubaeva's mother, Liana Tanjarikova, revealed why entrepreneur Timur Turlov declined to finance her daughter's project. Tanjarikova had previously advocated for Turlov's appointment as federation president and initiated discussions for collaboration. Despite Asaubaeva's team presenting a detailed four-year plan with financial commitments and risks, Turlov ultimately rejected the proposal after a face-to-face meeting in London, stating that all funds belonged to his company and clarifying he is not a billionaire. Bibisara Asaubaeva is a three-time world champion in blitz chess and currently ranks seventh in the FIDE ratings.
Liana Tanjarikova, the mother of Kazakhstani chess player Bibisara Asaubayeva, has revealed why entrepreneur Timur Turlov refused to finance the athlete's project. According to Tanjarikova, she initiated the move for Turlov to be appointed as the federation president three years ago, after which negotiations on cooperation began. Offside.kz reports on this.
The entrepreneur requested a written proposal from the chess player and her team, including a clear business plan and expected results. Asaubayeva's team developed a four-year project outlining all financial obligations and risks.
Additionally, the team promised to bring the chess crown to the country and stated they were prepared to return all funds if they failed to do so.
Liana Tanjarikova noted that Turlov studied the proposal for a long time and met with Bibisara in person in London. During the meeting, the entrepreneur refused to finance the project, stating that all the money belonged to the company and that he was not a billionaire.
For reference, Bibisara Asaubayeva is a three-time world blitz champion and currently holds the seventh position in the FIDE rankings. According to Forbes, Timur Turlov ranks second among the wealthiest people in Kazakhstan with a fortune of 6.3 billion dollars.
Update. After publication, the source released additional materials presenting the other side of the story. In particular, it reported large-scale support for chess in Kazakhstan by Timur Turlov and Freedom Holding (investments of around 30 million dollars), as well as clarifying comments from Bibisara Asaubaeva.
Comments 0
…