ITF ends Davis Cup partnership with Pique's Kosmos investment group

📆 13/01/2023 02:24:00
📰 ChannelNewsAsia

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 66%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The International Tennis Federation announced on Thursday that it was ending its Davis Cup partnership with Gerard Pique's investment group Kosmos.In 2018, the ITF had unveiled the 25-year, $3 billion partnership with former Barcelona soccer player Pique's investment group amid much fanfare. It said then

The International Tennis Federation announced on Thursday that it was ending its Davis Cup partnership with Gerard Pique's investment group Kosmos.

However, less than five years later the deal - which also had the backing of Wimbledon, French and U.S. Open officials - has ended. "The ITF negotiated a strong deal for tennis in 2018. The partnership increased participation, prize money and interest in Davis Cup and produced funding to support the global development of our sport."

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Salt Bae-Lookalike Sells Coriander Lemon Tea “Punched 30 Times” At JB Night MarketLemon Tea Bae doesn’t touch the World Cup, he just pours lemon tea into a cup.
Source: TODAYonline - 🏆 1. / 99 Read more »