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Pique’s Kosmos seek $50m damages for cancelled Davis Cup deal

Gerard Pique’s investment group Kosmos is claiming $50 million in damages from the International Tennis Federation for the termination of its contract to organise the Davis Cup. “After the termination by the ITF, there is now a dispute between in which we are claiming up to $50 million,” the former Barcelona defender said in an interview with Spanish sports daily …

Davis Cup

No plans to change Davis Cup format, eyeing like-minded sponsors: ITF chief Haggerty

The International Tennis Federation will stick with the existing Davis Cup format despite ending its partnership with investment group Kosmos, which led to the revamp of the men’s team competition, its chief David Haggerty told Reuters. “Last year we were broadcast in more than 200 countries and territories, so it’s ticking all those boxes and making sure we continue to …

Cup

Pique owned Kosmos group sues ITF over Davis Cup partnership

Former Barcelona defender Gerard Piqué’s investment group Kosmos Tennis said it has filed a multimillion-dollar lawsuit against the International Tennis Federation for ending their partnership to organize the Davis Cup. Kosmos, which is chaired by Pique, filed a suit at the Court of Arbitration for Sport blaming the ITF for an “unjustified termination of the contract between both parties for …

Gerard Pique’s Kosmos: Could not renegotiate Davis Cup business model with ITF

Gerard Pique’s Kosmos Tennis said on Friday that the International Tennis Federation’s decision to end its Davis Cup partnership with the private investment group followed an unsuccessful attempt to renegotiate the business model. That figure meant Kosmos promised to invest $120 million per year, which was “significantly reduced” during the COVID pandemic and varied in subsequent years, before being raised …

Davis Cup Itf Pique Kosmos

ITF ends Davis Cup partnership with Pique’s Kosmos group

The International Tennis Federation is ending its Davis Cup partnership with the private investment group fronted by former Barcelona soccer star Gerard Piqué, which helped revamp the storied competition in 2018. “The ITF can confirm that its partnership with Kosmos Tennis for Davis Cup is ending,” the federation said in a statement. “The ITF has ensured financial contingencies are in …

ITF ends Davis Cup partnership with Piqué's Kosmos group

LONDON — The International Tennis Federation is ending its Davis Cup partnership with the private investment group fronted by former Barcelona soccer star Gerard Piqué, which helped revamp the storied competition in 2018. “The ITF can confirm that its partnership with Kosmos Tennis for Davis Cup is ending,” the federation said in a statement. “The ITF has ensured financial contingencies …

Hosts for 2022 Davis Cup Finals to be announced next week: ITF

The International Tennis Federation expects to announce the host cities for next year's Davis Cup Finals before the end of this year's event which begins on Thursday. The men's team competition, which began in 1900, has undergone various changes to the format, the most recent being in 2019 when the old 'home and away' ties were largely scrapped and replaced …

Players and captains should have say in future of Davis Cup, says Leon Smith