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Alpari and Sergey Karyakin have extended their sponsorship deal

Publication Date: February 3, 2017

Dear clients,

Sergey Karyakin and Supervisory Board member V. Kovalchuk

International financial brand Alpari has extended its sponsorship deal with Russian Grandmaster Sergey Karyakin. The new agreement will provide the chess player with financial support up to the very end of 2017, which will be key to his preparation for (and participation in) all the major international chess tournaments this year; including a series of matches in Stavanger, the World Cup, the Grand Chess Tour and many more.

In November last year, millions of chess fans closely followed the battle between two of the strongest grandmasters - Sergey Karyakin and Magnus Carlsen - at the World Championships in New York. The match ended in a draw (6-6) with the Russian conceding to the Norwegian in the tie-breaker. At the end of December 2016, Sergey succeeded in becoming World Blitz Champion at the World Chess Rapid & Blitz Championships in Doha, beating Carlsen in their personal meeting and overtaking him at the finish line to claim the title.

Sergey Karyakin is now one of the most famous and popular sportsmen in Russia. His talent has attracted admirers from many countries around the world and has restored the game to its former glory in his home country. At just 27 years of age, has not given up hope of returning the chess crown to Russia, and has already started his preparations for the next Candidates Tournament.

Remember that Alpari became the first and key sponsor of the promising domestic Grandmaster Sergey Karyakin in 2012. In the years of our sponsorship (2012-2016), the young sportsman managed to achieve some impressive results: he won a host of super tournaments, entered into the top 10 in the FIDE World Rankings and twice competed in the Candidates Tournament - which in itself is a unique achievement - coming second in 2014 and winning in 2016.

With Alpari's support in the period leading up to the key chess competitions this year, Sergey Karyakin will be able to strengthen his coaching staff and improve his training base, to help him achieve a long-awaited victory in his hunt for the title of World Champion. In addition, as part of the sponsorship deal with Alpari, Karyakin will visit a number of cities in Russia and hold some master classes at local chess centres, sharing his knowledge with beginners.

Boris Shilov, chairman of the Supervisory Board at Alpari, has said: "We're very pleased that Alpari is playing a role in restoring Russia's status as the most intellectual country in the world. In chess, just as in trading, it's important to think and to win. In fact, this is a useful mantra we can all take on board. Our decision to continue our cooperation with Sergey Karyakin as a key sponsor was a logical one. We've been on this road to the world title together for several years, and we have no intention of stopping now. We believe, as we always have, in Sergey's outstanding talent and ability, and are totally committed to supporting him at this crucial time".

Grandmaster Sergey Karyakin added: "It's great to see that the game of chess is once again gaining popularity in Russia. I've witnessed this first hand, having been touched by the powerful wave of support from fans at the World Chess Championship. This experience was very important for me and will help me go towards by next goal with more confidence and prudence. Today, having received support from all directions, I'm sure that my life's ambition - winning the title of World Chess Champion - is closer than ever".

Best regards,
Alpari

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