Sport

Gerard Pique’s Kosmos earn more than Real Madrid and Barcelona from Spanish Supercup

Much has been made of the fact that the Spanish Supercup has been hosted in Saudi Arabia once again, after the 2022 World Cup in Qatar went under the microscope for its human rights record.

It is something that has brought Barcelona manager Xavi Hernandez plenty of criticism, who has defended the move to the Middle East.

Of course money talks in football, the primary reason is the fact that the RFEF (Royal Spanish Football Federation) will take in around €40m for the tournament.

Real Madrid and Barcelona will both receive €2.8m for their participation, as per Sport. Valencia pick up €1.7m, while Real Betis were awarded just €750k.

Of that €40m, €4m is paid as commission to Gerard Pique’s company Kosmos for setting up the deal. €20m of the remaining €23.7m will be fed back into the Spanish professional football pyramid.

Pique came under heavy fire for completing the deal with RFEF President Luis Rubiales while still an active player for Barcelona. It was pointed out that both the RFEF and Pique stood to benefit financially from Barcelona (and Real Madrid) getting to the final and winning it.

Source: newsnow

Related Posts

‘I played against Jack Nicklaus – this is what I think about Tiger Woods GOAT debate’

Jack Nicklaus and Tiger Woods are two of the all-time greats, but who boasts the better career? Jack Nicklaus and Tiger Woods at the 150th Open Championship. (Image:…

Rory McIlroy provides damning stance of LIV Golf and PGA Tour stars over merger

A report earlier this week claimed that PGA Tour players were demanding that LIV Golf members handed the money they had earned from the Saudi league back in…

Tiger Woods labelled ‘petty, vindictive and greedy’ over latest PGA Tour rumour

PGA Tour golfers Tiger Woods and Patrick Cantlay were labelled ‘petty, vindictive and greedy’ over the latest rumour surrounding the LIV Golf League. Prominent golf journalist Alan Shipnuck…

Despite Tiger Woods & Co’s ‘Vindictive’ Actions, Bryson DeChambeau Proves He’s the Bigger Person With PGA of America Gesture

On September 17, the PGA of America made a statement ahead of the Presidents Cup. Despite LIV Golfers already being allowed to compete at the Ryder Cup and…

One Burning LIV Golf Question Plagues Fans Despite Big Ryder Cup Announcement

One Burning LIV Golf Question Plagues Fans Despite Big Ryder Cup Announcement: ‘Were They Not Eligible Before?’ There has been no update on the PIF merger so far….

‘Insane’ Tiger Woods Accusation From Open Championship Commentator Leaves Fans Demanding Punishment

Tiger Woods has been a major talking point ahead of the 2024 Open Championship at Royal Troon, with former pros and pundits alike questioning the 48 year old’s…