In the summer of 1998, Kirsan Ilyumzhinov announced his possible candidacy for the Russian presidency. This coincided with Anatoly Karpov being critical of the annual knockout FIDE world title system. Karpov argued that his contract with FIDE stipulated that the winner of the 1998 Karpov-Anand match would hold the title for two years. Karpov's successful advocacy of his rights led to the cancellation of a planned world title knockout series in Las Vegas, Nevada, later in that year. Since Karpov had an unsuccessful year, apart from his match against Anand, and he was unable to resist the plan that he would have to enter this knockout, whenever it came to be organized, at a far earlier stage.