After making a BIG deal of increased prize money for the reinvented World Cup meets at a Tokyo Press Conference, FIG couldn’t actually come up with all the money.
… (Philipp) Boy, who was at the (second) press conference when it was announced that there would be no cash prize, was noticeably irritated.
“If this is so, then if the whole idea of the World Cup series did not work out,” he said.
He’s right. The big money lure were part of a World Cup redesign the FIG launched in 2010 due to flagging enthusiasm for the series. …
details on Examiner – FIG cancels World Cup prize money jackpot
FIG is on the right track. But they need to have the money in hand before making promises.