Croats thunder: Pique, where is our money? He owes them two million dollars

Gerard Pique, the owner of the investment group Kosmos, signed a lucrative contract with the ITF in 2018, declaring to invest three billion euros in tennis over 25 years. . The business platform 2Playbook announced on January 13 this year that the rights to the Davis Cup returned to the previous owner.

Gerard Pique did not pay Croatia two million dollars. Media: Where is the money?

Nikolina Babic, president of the Croatian Tennis Association, told the local newspaper “Sportske novosti” that Gerard Pique and his company Kosmos owe Croatia two million dollars for the performances of its tennis players in the Davis Cup. – Apparently, all payments should be settled by February 15. I believe that this will not be a problem because the ITF is a large institution that must be solvent,” Babić said. Croatia reached the semi-finals of last year’s Davis Cup where they lost 2-1 to Australia.

“Pique, where is the money? True, they still haven’t paid us,” writes the portal 24sata.hr. Of the missing money, 663,000 will go to the federation. dollars, and Borna Corić (23rd ATP), Nikola Mektić (8th ATP, doubles), Ivan Dodig (11th ATP, doubles) and Marin Cilić (21st ATP) will share the amount of $ 1.34 million. Croatian tennis players are divided on the current format of the Davis Cup: Nikola Mektić prefers the new system, Ivan Dodig the old one and Borna Coric remains neutral. “The fans and the atmosphere of the old format are missing, but the new format has its advantages and I like it,” said Coric.

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In the context of ITF’s cooperation with Kosmos, it is worth adding that the investment group was to pay EUR 40 million for one edition of the tournament. Due to the coronavirus epidemic, Kosmos did not meet these conditions, and the ITF had to cover the costs of the men’s tennis teams with its own money. Now the ITF is taking the Kosmos to court and intends to claim huge damages, which will allow the federation to compensate for the losses incurred. This year’s 111th edition of the tournament is scheduled for November 20 in Malaga, Spain. This will be the last edition in which Kosmos is a co-organizer of the Davis Cup.