This is a really, really, really stupid idea that just won't work. I think the head of the Russian Fed proposed then quickly walked it back.... and then the head of either the sports ministry or olympic committee mentioned something it again.I thought Russia with the help of China is planning to stage their own version of Grand prix? I would think that if these events push thru, ISU will take it as a direct threat to them.
Russia already has the Cup of Russia Series. Inviting outsiders is not going to raise the stature of the event... not even Chinese in Pairs. The Chinese won't want to do it... and the problem is that even if the best pairs skaters are there that pairs in itself is not a big draw.
THe best thing Russia could do right now is just continue the Cup of Russia series in an elevated format... but also have their best skaters perform in competitions that have a kind of pro-am feel to it... something like Ice Age but more elite.
I would also like to see them experiment in new forms of competition with new rule changes. Only in Russia could you have a man and a women do side by side quad jumps. There is room for a new discipline that sits between singles and pairs skating where it's two people skating but they have more of a singles skillset.
Nina Mozer has talked about how pairs skating has become stale. So let her come up with a new and fresh ruleset and have all the Russian pairs compete according to that.
There is a lot Russia could do that's new and interesting and thus valuable for developing figure skating into the future that would be far more fulfilling than sulking about how they can't compete internationally.