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

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

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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."

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