Sallydaisy
14-09-2023, 10:08
Gerard Pique has accused the ITF of breach of contract, regarding the cancellation of their agreement on Davis Cup, and it demanding compensation of ?45million from the ITF. That'll really help with funding base level tennis won't it???
Kosmos entered the Davis Cup in 2018 for three billion dollars and 25 years and reformed the team competition, which sparked criticism. In January, the ITF announced the early separation after less than five years of partnership.
Kosmos then announced a lawsuit before the International Court of Arbitration for Sport (CAS) due to the alleged breach of contract. An out-of-court agreement has not yet been reached.
"We believe that what we did with the Davis Cup was a resounding success," said Pique, according to Marca: "We have restored the competition in terms of sport, economy and in terms of spectator numbers."
Kosmos entered the Davis Cup in 2018 for three billion dollars and 25 years and reformed the team competition, which sparked criticism. In January, the ITF announced the early separation after less than five years of partnership.
Kosmos then announced a lawsuit before the International Court of Arbitration for Sport (CAS) due to the alleged breach of contract. An out-of-court agreement has not yet been reached.
"We believe that what we did with the Davis Cup was a resounding success," said Pique, according to Marca: "We have restored the competition in terms of sport, economy and in terms of spectator numbers."