Jan.2 – Barcelona defender Gerard Pique has taken control of Spanish lower league club FC Andorra for an undisclosed fee.
The acquisition of the club which plays in the first Catalan regional division (level 5 of Spanish football) was carried out via the investment group Kosmos de Pique. FC Andorra has a special dispensation to play in the Spanish leagues and has already spent 14 seasons in Spain’s third tier.
“FC Andorra’s general assembly has unanimously approved the transfer of its assets to an Andorran company jointly managed by different investors, including Kosmos,” a statement from the company reads.
“Kosmos welcomes the decision taken by the club. The company adds this project to its global portfolio related to sports, media and entertainment businesses.
Kosmos recently secured the rights to a revamped Davis Cup (tennis), turning it into an end-of-season tournament held in one venue (Madrid next year) as opposed to the current format which staggers team matches national over months in different countries.
Pique has also invested in esports league eFootballPro which is played by clubs (including Barcelona) on Konami’s PES gaming platform.
Contact the author of this story at moc.l1645573374laboratory1645573374ofdlr1645573374howdi1645573374[email protected]1645573374osloh1645573374cin.l1645573374uap1645573374