The Miami News Miami, Florida Monday, July 03, 1972 - Page 39
$125,000 Bonus Offered to Lure Fischer
Reuter — Jim Slater, one of London's youngest self-made millionaires, today offered $125,000 from his own pocket to entice U.S. chess champion Bobby Fischer to play against his Soviet rival Boris Spassky.
Fischer has been given until noon tomorrow to sign on at the world chess championship arena at Reykjavik, Iceland. So far he has shown no sign of keeping his engagement, the reason apparently being that he is dissatisfied with the amount of cash at stake.
The prospect that the Fischer versus Spassky match might have to be called off has upset chess enthusiasts throughout the world.
Slater, head of the Slater Walker Securities Investment group, London's fastest growing financial empire, has turned to chess as a relaxation.
Today he offered through the International Chess Federation to double the match prize money.
Slater said, “I like chess and have played it for years. In the hope that this match can be saved, I am offering to boost the prize money.
“The money is mine. I hope my offer will help remove the problem of money from Fischer so that the match can go ahead,” he said.