Bulgaria has endorsed the town of Panagyurishte to run for host of this year’s Candidates Tournament chess clashes, it has been revealed.

London and Baku have already entered the race to host the prestigious event, while New York is expected to join them.

Bulgaria recently hosted two key chess battles – the Candidate Match between Veselin Topalov and Gata Kamsky in 2009 and Topalov’s subsequent World Championship match against Vishwanathan Anand in 2010, which the Bulgarian lost….