Marca: Ex-footballer Piqué’s company filed a lawsuit with CAS against the International Tennis Federation
MOSCOW, 26 Jan – Ex-footballer Gerard Piqué’s company Kosmos has filed a lawsuit with the Court of Arbitration for Sport (CAS) against the International Tennis Federation (ITF) due to unreasonable termination of the contract, according to Marca.
The ITF handed over control of the Davis Cup to Kosmos in 2018 in exchange for $3 billion to be paid over 25 years. After that, the format of the tournament was completely changed. In January, it became known about the termination of this contract due to non-fulfillment of financial obligations. Sport.es later reported that the ITF was preparing a lawsuit against Piqué and his company.
Kosmos filed a million-dollar lawsuit against the ITF. In addition to unjustified termination of the contract, the company cites reputational damage as the reason for filing a lawsuit.
Piqué, 35, retired from playing in November 2022. He is a graduate of Barcelona. Together with the Blue Garnet, the ex-defender became an eight-time Spanish champion, four-time Champions League winner, seven-time Spanish Cup winner, six-time Spanish Super Cup winner, three-time club world champion and three-time UEFA Super Cup winner.