After Shakira’s Arrival in Miami, $220,000,000 Poorer Gerard Pique Admits American Sports’ Concept Is ‘Much Better’ Than Europe

Following Shakira’s move to Miami, Gerard Pique expressed his admiration for American sports. In an interview, Pique opened up about the termination of the Davis Cup agreement between Kosmos and the International Tennis Federation while also sharing his remarks on European football and the American concept of sport in comparison.

After his retirement, Gerard Piqué turned his attention to the business world. In the interview, the former Barcelona man highlights the benefits of the American sporting landscape in comparison with that of Europe.

Pique’s take on European and American sports model

During the interview with MARCA Pique highlighted his perspective on the European football system compared to the American sports model. He expressed his understanding of the controversies surrounding figures like Javier Tebas, the President of La Liga.

Pique points out, quoting, “For me, the American concept of sport is much better than the European one. In the NBA, there are 30 franchises, and they all row in the same direction because they have the same interest. In Spain, for example, thanks to Javier, interests were brought together by selling joint television rights. But there were many years when this was not being done.”

He further added, “Another advantage of the United States to match is the salary cap. For some time now, we have been waiting for a Financial Fair Play at the European level, but due to a political issue, it does not exist. This means that teams like Paris Saint-Germain and Manchester City have very big advantages for the reasons we already know. Barcelona and Madrid, which are owned by the members and do not invest their money, will find it increasingly difficult to compete in Europe.”

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His comparison between the American and European sports models highlights the potential for positive change within the football industry. In addition to discussing soccer, Pique also touches upon the future of tennis and Kosmos’ involvement. While the termination of the Davis Cup agreement was a setback.

Pique’s Kosmos venture: Legal and financial setbacks

In January 2023, following his ex-partner Shakira’s relocation to Miami. The International Tennis Federation (ITF) announced the premature termination of its partnership with Kosmos; Pique’s venture into tennis governance now faces legal complications which have left him with a significant financial setback, approximately $220,000,000.

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Former Barcelona star anticipates a challenging future for the Davis Cup under ITF management. He doubts their ability to financially support the tournament and fulfill their promises to federations. Pique suggests that ownership of the Davis Cup might move to the ATP or another party that can invest in its future. He believes the ITF’s financial limitations will make it difficult for them to manage the competition successfully.