The CEO of investment firm Kosmos has played down fears over a series of high-profile players missing the Davis Cup finals next year as it switches to a week-long event.
Javier Alonso has spoken out about the issue during a trip to the Shanghai Masters. Alonso was at the Masters 1000 tournament alongside Barcelona F.C centre-back Gerard Pique, who is the founder of the company. Kosmos has pledged to invest $3 billion into the Davis Cup over the next 25 years. Under the new format, 18 teams will play in an end-of-season finals. Removing the tradition of home and away finals. The group consists of 12 qualified teams, the four semi-finalists from the previous year and two wild cards.
“Gerard Pique has not come to save the Davis Cup because there’s nothing to save, it’s a historical competition which will keep on existing, with or without tennis’ biggest stars.” Alonso told Spanish news agency EFE.
Pique was spotted holding a discussion with Novak Djokovic during his time in China. Although it is unclear as to what was discussed. The meeting came at a time where a series of high-profile players have cast doubts on their participation. Germany’s Alexander Zverev became the first top 10 player to publicly say that he will not be playing in the tournament. Saying that his decision has been made due to the timing of the event, which takes place at the end of November.
“Because in November I do not want to play tennis anymore. I think all the top guys will say the same thing.” Zverev told reporters in Shanghai about why he will miss the 2019 Davis Cup final.
“We have one-and-a-half months off in our season, and that’s the end of November and December. Making a tournament at the end of November, which is ten days long and playing and competing, it’s crazy. I mean, by the end of the year, we are all tired.”
Another blow came from 20-time grand slam champion Roger Federer. The Swiss world No.2 said that the event ‘wasn’t designed’ for him. Federer has previously warned Pique against trying to interfere with the Davis Cup. Saying that the team event should not be turned into the ‘Pique Cup.’
“No, I highly doubt [I’ll be there],” said Federer. “We’ll see what happens.
“I don’t think this was designed for me anyhow. This was designed for the future generation of players.”
Djokovic is also yet to commit to the event. His meeting with Pique in Shanghai has been described as one that ‘has been done a million times before.’ Indicating that no new agreements has been made.
Alonso, who was the former director general of Dorma Sports, has dismissed allegations that his company is trying to fix the team tournament. Saying that the future of the event is not under threat. The words come as the ATP gets ready to bring back the World Team Cup from 2020. An event that will offer ranking points and prize money.
“We’ve not come to save anything because there’s nothing to save. The Davis Cup is 118 years old and will keep getting older.” He stated.
“It’s a team competition and the most important things is the teams, not the players.”
Next year’s Davis Cup finals will take place at the Caja Magica between November 18th to 24th.
Is Covid-19 Just An Excuse To Axe The 2020 Davis Cup Finals?
The decision to cancel the team event five months before it was set to start may be more complex than what officials are letting on.
On Friday the International Tennis Federation issued a statement to confirm that their two premier tennis team events will not be taking place this year.
The Davis Cup and Fed Cup tournaments have been delayed until 2021 due to the global uncertainty caused by the COVID-19 pandemic. For the Davis Cup, it is only the 12th time in history a season has ended without a champion being decided since its birth in 1900 and the first since 1945. The teams that have qualified for the week-long finals this year will instead have to wait until November 2021 to battle it out for the title.
“This is a tough decision to have to make, but delivering an international team event on this scale while guaranteeing the health and safety of all involved ultimately poses too great a risk,” ITF President David Haggerty said in a statement. “It is a complex undertaking and we have made the decision now to provide certainty for players, national associations and fans.”
There are however some questions over why the ITF has made this announcement five months before the start of the tournament. Especially when both the ATP and WTA Tours are set to restart in August. Furthermore Madrid, where this year’s finals were scheduled to take place, will still host their premier combined event at the Caja Magica in September.
“It’s the inconsistencies that I find tedious. Two months before the Davis Cup was meant to be playing we are playing at the same venue in Madrid for the masters. In regards to the crowds there seemed to be a fair bit of social distancing at this event last year,” John Millman wrote on Twitter.
It appears that there could be a more substantial financial reason to postpone the Kosmos-backed event. Investment company Kosmos was founded by Gerard Pique and has pledged millions into the Davis Cup in a deal to help revamp it. French newspaper L’Equipe have quoted sources reporting that the event lost an astonishing 50 million euros in 2019, which was the first year where the new format took place. Furthermore, it has been reported that the decision to scrap November’s event will help save 18 million euros.
Furthermore, one senior figure at Tennis Canada has suggested that Pique had tried to do everything he could to prevent the tournament from taking place. Louis Borfiga, who serves as his country’s Vice President of High Performance, said he believes there has been no meetings with the federations prior to Friday’s announcement.
“While everyone is doing everything possible to try to replay, I have the impression that Piqué did everything to prevent the Davis Cup from taking place this year,” he said in a separate interview with L’Equipe.
“ They (Kosmos leaders) put forward health reasons, I hope they are the right ones. They are going to have the right role. There is nothing we can say about health.”
“When I read the official press release, I am surprised by one thing. It is Piqué who speaks first, and the president of the ITF (David Haggerty) after. That too is shocking.” He added.
Borfiga is not alone in this view. Back in March tennis player Nicola Mahut criticised Pique for not being more optimistic about holding the finals this year. The Spaniard had previously said he was ‘pessimistic’ about having the event without fans.
“The message he sent through his statements is: ” If Madrid is complicated and we cannot do it, well it will be cancelled and he will save some money.” Mahut commented.
According to Diario AS, the Madrid economy will lose in the region of 50 million euros due to the finals not being held. Furthermore, it is estimated that 600 jobs would have been created to support the running of the tournament from start to finish.
Gerard Pique’s Pessimistic Davis Cup Outlook Blasted By French Tennis Star
The football player has been urged to ‘put more energy’ in finding a solution for the event to take place in 2020.
Kosmos founder Gerard Pique has come under fire over his plans for the Davis Cup Finals later this year after recently casting doubt on the event taking place due to the COVID-19 Pandemic.
Pique, whose company helped finance the transformation of the 120-year-old team competition, recently admitted that he was doubtful that the event could go ahead if crowds weren’t allowed to attend. Last year was the first time the new format of the competition took place with 18 teams featuring in a week-long round-robin tournament which was won by host nation Spain.
“I’m a bit pessimistic, to have the Davis Cup with no fans is difficult,” Pique told Movistar.
“There is a lot of uncertainty. We are listening to what the sport’s ministry and the government are telling us about whether we’ll have the ability to have fans.”
All professional tennis tournaments have been suspended since March due to the Pandemic. Officials are hoping to be able to get the sport going again in August ahead of the US Open that is scheduled to take place. Although some have doubts about the chances of the Tour’s starting by then, including world No.43 John Millman.
Amid the ongoing uncertainty, French tennis star Nicolas Mahut has criticized Pique’s bleak outlook for this year’s Davis Cup finale. The 38-year-old has represented his country in 13 ties, including the 2018 final as well as the semifinals in two other years.
“We don’t have a lot of information. But as a player, you can just trust the official statements. And when I hear Pique, I’m extremely disappointed,” Mahut told L’Equipe.
Mahut has called on Pique to explore more options such as potentially relocating the event to another country if it would make it safer for the event to go ahead. Implying that he was his duty to do so after setting ‘to destroy the formula’ of the event. Critics of the revamp have accused Pique of ruining the traditional competition.
“I would like him to put as much energy into saving the Davis Cup that he has set up. That is to say, to find solutions for it to take place in Madrid or elsewhere, as he has set to destroy the formula that had been in place for over a hundred years,” he said,
“The message he sent through his statements, is: ” If Madrid is complicated and we cannot do it, well it cancels and I save some money. ” And it bothers me a lot compared to what has happened for more than a year. We don’t play with this competition. Maybe that suits it.”
Kosmos has signed a $3 billion 25-year deal with the ITF to acquire the rights for the Davis Cup Finals.
Davis Cup Finals In Doubt, Admits Gerard Pique
The Kosmos founder explains why he isn’t too optimistic about the team event going ahead later this year.
The chances of this year’s Davis Cup Finals taking place are still up in the air with one of the key figures involved in the competition openly saying that he is ‘pessimistic’ about its chances.
Football star Gerard Pique is one the driving forces behind the new format following a huge financial investment from his company Kosmos. Signing a 25-year deal with the International Tennis Federation worth in the region of $3 billion. Despite the significant investment, Pique admits that he has low hopes of the event taking place later this year due to the COVID-19 pandemic. All professional tennis tournaments have been halted since March.
“There is a lot of uncertainty, we try to be aware of what the government says regarding sports and to whether we can put spectators inside the Caja Magica,” Pique said during an interview with Movistar.
“I would say I am a bit pessimistic, because a Davis Cup without fans is difficult.
“I think that nobody at the moment has the certainty that we can put fans in or if it will have to be behind closed doors. As the days go by, I suppose we will have a little more clarity.”
Spain is currently in the process of relaxing some of their lockdown restrictions with tennis players being able to train at local facilities from next week. The country is following a four-stage plan with the hope that their premier La Liga football league will resume next month at some stage.
However, the issue for the Davis Cup is the limited number of fans that would be able to go to the tournament if it takes place. In more advanced stages of the plans, no more than 50 people can attend an indoor venue. Although the number could be increased by November, it will be a stark difference to 2019. Held at the Caja Magica, the total capacity of the premier court is 12,500 people.
Last year’s final saw Spain lift the title for the first time since 2011 after they defeated Canada in the final. The two teams are seeded third and sixth in this year’s draw.
The Davis Cup is scheduled to take place between November 23-29 in Madrid. The ATP, WTA and ITF will not restart their Tour’s until at least July 13th, however, there is speculation that the suspension will be extended in the coming weeks.
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