Pique’s Kosmos made 24 mn euros from Spanish Super Cup

According to a story in the Spanish press on Monday, the Spanish football federation negotiated for a commission of 24 million euros ($25.9 million) to be paid to Kosmos, the sports events company owned by Barcelona defender Gerard Pique, as part of the Spanish Super Cup going to Saudi Arabia.

According to El Confidencial, the federation’s deal stipulates that Kosmos will earn 4 million euros for each of the six championships to be held in Saudi Arabia beginning in 2020, while the federation will receive 40 million euros.

“Pique had a key role in the negotiations for the Spanish Super Cup to be hosted in Saudi Arabia, and throughout this process enjoyed preferential treatment from (federation president) Luis Rubiales, for reasons yet to be determined. A spokesperson for Pique has denied that he received any special treatment,” El Confidencial wrote on Monday.

Barcelona, Real Madrid, Atletico Madrid, and Valencia competed in the first Spanish Super Cup in Saudi Arabia in January 2020, with Real Madrid defeating Atletico in the final.

Rubiales acknowledged in a press conference before the event that Kosmos was involved in the negotiations with Saudi Arabia.

He said that the federation had made no direct payment to the corporation in order to prevent any conflict of interest or a violation of its code of ethics.

According to Marca on Monday, the federation believes “this information does not say anything new compared to what was made public in 2019”.

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