ITF and Kosmos to finish Davis Cup tennis partnership | Technoscoob
The Worldwide Tennis Federation mentioned Thursday that it’s ending its widely-criticised partnership with the Kosmos group over the organisation of the Davis Cup, simply 5 years after a deal price $3 billion was signed.
“The ITF can affirm that its partnership with Kosmos Tennis for Davis Cup is ending in its fifth yr,” a spokeswoman informed AFP.
A 25-year deal was signed with Kosmos, which is owned by Spanish soccer star Gerard Pique, in 2018 however the revamped event has attracted widespread criticism over its format.
“The ITF has ensured monetary contingencies are in place and because the custodian of the competitors we’ll function the 2023 Qualifiers and Finals as scheduled, with the Closing 8 going down in Malaga, Spain, this November,” added the spokeswoman.
“The ITF negotiated a powerful deal for tennis in 2018. The partnership elevated participation, prize cash and curiosity in Davis Cup and produced funding to assist the worldwide improvement of our sport.”
A supply near the organisation mentioned either side couldn’t attain a deal over the monetary phrases and that the ITF will resume the operating of the event which was first staged in 1900.
The 2019 Davis Cup finals had been the primary in a single-city format, ending an extended custom of dwelling and away ties which had been performed over three days with 4 singles and a doubles.
All rubbers had been finest of 5 units.
Final yr, 16 groups performed in 4 cities with the highest eight shifting on to the ultimate week in Malaga.
The brand new format was dogged by low attendances and late finishes.
A number of high gamers have skipped the Davis Cup in recent times.
Rafael Nadal helped Spain win on dwelling soil within the inaugural new-look Davis Cup Finals in 2019, however has not featured within the event since.
Novak Djokovic skipped the 2022 event for Serbia.
When the new-look occasion was launched Roger Federer admitted he was “unhappy to not have the Davis Cup because it was”.
“It would by no means be the identical for the subsequent technology,” added the now-retired Federer who received the Davis Cup with Switzerland in 2014.
Australia’s Davis Cup captain Lleyton Hewitt, a former world primary who performed in his nation’s 1999 and 2003 triumphs, has been one of many largest critics.
“I feel having the finals in a single place is ridiculous. I personally do not suppose all the highest gamers will play,” mentioned Hewitt when the rebooted Davis Cup was launched in 2019.
“Now we’re being run by a Spanish soccer participant… that is like me popping out asking to vary issues for the Champions League — it is ridiculous.”
When his staff misplaced the 2022 closing 2-0 in in the future to Canada, he was nonetheless as combative.
“Sure individuals put Band-Aids on issues,” he mentioned.
The Davis Cup was added to the ATP circuit for the primary time final yr.
“In addition to being centered on delivering one other spectacular version of the boys’s World Cup of Tennis, we’re centered on the longer term development of the most important annual worldwide staff competitors in sport,” added the ITF spokeswoman.