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ITF ends deal with Kosmos; to run Davis Cup going forward
In a statement released, the ITF did not give any details for ending the contract but confirmed that the tournament format will remain the same for this year
The International Tennis Federation will the Davis Cup going forward after ending its 25-year partnership with the Kosmos group, headed by Barcelona soccer star Gerard Pique, just five years into the contract.
In a statement released, the ITF did not give any details for ending the contract but confirmed that the tournament format will remain the same for this year.
“The ITF can confirm that its partnership with Kosmos Tennis for Davis Cup is ending,” the statement said. “The ITF has ensured financial contingencies are in place and as the custodian of the competition we will operate the 2023 Qualifiers and Finals as scheduled, with the Final 8 taking place in Malaga, Spain, this November.”
“The ITF negotiated a strong deal for tennis in 2018. The partnership increased participation, prize money and interest in Davis Cup and produced funding to support the global development of our sport. As well as being focused on delivering another spectacular edition of the men’s World Cup of Tennis, we are focused on the future growth of the largest annual international team competition in sport.”
The ITF had come under heavy criticism when the century-old tournament moved from its home-and-away format to the new format where all the quarter-finals were held in one city at the end of the season.