Despite $300 Million in Riches, Shakira’s Role Behind Gerard Pique’s $3 Billion Blunder Revealed by Reports

Since breaking up with Shakira, Gerard Pique has shifted his focus towards his business ventures. While he enjoys a bit of success with the Kings League, the major losses that he incurred are definitely a hard pill to swallow. Recently, a report made a shocking claim about his ex-girlfriend’s unexpected involvement resulting in his financial loss. Reportedly, she has ‘powerful’ contacts that could make Pique’s life hard.

Soon after the ITF pulled out of the twenty-five-year partnership with Kosmos, the FC Barcelona legend took legal action. Pique’s company and the International Tennis Federation are now on trial fighting over the lost income during the COVID pandemic.

How is Shakira reportedly involved in Pique’s deal collapsing with the ITF?

After the Davis Cup contract fell through, Gerard Pique would have felt a major financial jolt. It was a humungous deal that the ITF ended up breaking prematurely. There was a tussle between the fee structure in the contract. The COVID pandemic shattered the finances giving rise to many disagreements. But a recent report has something different to say. It claims the unexpected involvement of Shakira.

El Tiempo claims that it was the Colombian icon who ‘pulled the strings’. Reportedly, she is responsible for Pique’s long-term deal to come to an abrupt end. The report also cautions everyone that this won’t be the only instance. It quoted, “The South American has many powerful contacts that can make life impossible for Gerard, closing a large number of doors to the father of her children”, as translated by DeepL.

In the last few months, Shakira decided to remain lowkey. Mainly for the well-being of her children. The $300 million rich singer has fired an ample number of shots at her ex-boyfriend through her diss tracks. However, a step like does seems like a bit too far. The above report has gone viral in the last few days and both of them are yet to respond. What exactly happened between Pique and the ITF? Let’s dive deeper.

READ MORE: After Gerard Pique Claimed $50,000,000 From ITF, WTA Rank 9 Maria Sakkari Reveals Her Connection With Shakira as She Faces Coco Gauff in DC Open Final

What did Gerard Pique and the ITF disagree on?

The ITF wanted to rebrand the Davis Cup and ended up giving the long-term responsibility to Gerard Pique and Co. A few months ago, Pique revealed that the numbers in their first year were ‘spectacular’. However, that never happened again. COVID hit the world and the Cup was held behind closed doors in 2021. They didn’t end up hitting the financial target that year and the FC Barcelona legend wanted to negotiate.

The soccer legend’s company paid a fee to the ITF which was due to increase every year. But the competition wasn’t making enough money. Pique wanted to modify his fee on the basis of the tournament’s market value. Both sides couldn’t agree on a common ground which resulted in the ITF tearing up the $3 billion contract in less than a decade.

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Do you think that Shakira is the reason for Pique’s financial losses? Let us know in the comments below.