Leaked Documents: Barcelona’s Pique Profited From Saudi Deal

Date: 19 April 2022 - 22:48

News ID: ۱۰۱۸۰۱

RIYADH (Middle East Eye) – Barcelona football star Gerard Pique was involved in taking the Spanish Super Cup to Saudi Arabia in a deal that a company he owns profited from, according to leaked documents and recordings.
A report published on Monday by El Confidencial revealed that Pique worked with Spain’s football federation (RFEF) president Luis Rubiales to negotiate a deal with Saudi authorities to take the tournament to the kingdom.
Between 1982 and 2018, the Spanish Super Cup was a tournament contested between the winners of La Liga and the Copa del Rey, taking place over two legs at the home stadiums of those participating.
In 2019, it was turned into a four-team tournament consisting of the winners and runners up of Spain’s first division and its annual knockout cup competition, and was hosted in the King Abdullah Sports City in Jeddah.
Saudi Arabia has since signed a deal to host the competition until at least 2029.
The leaked documents reveal that the RFEF agreed on a contract that secured €40mn ($68mn) for each edition of the competition.
Kosmos, a sports investment company set up by Pique, would be given €4mn ($6mn) each edition over six years for its involvement, amounting to €24mn ($31mn) in total.
The contract stated that the competition could be cancelled at any time if Pique’s firm did not receive its payments in a timely manner.
El Confidencial revealed a leaked recording in which the 35-year-old defender proposes how to divide the payments, responding to doubts from Rubiales about whether Spanish giant Real Madrid would agree to participate.
“If it’s about money and [Real Madrid] would go for 8mn euros, then they get paid 8mn euros and Barcelona gets paid 8mn euros ($9m) too, then the others get paid 2mn euros and 1mn euros,” Pique says. “That’s 19mn euros ($21m) and you, the federation, keep 6mn euros ($6.5mn).”
The Barcelona defender adds that they could “even push Saudi Arabia for more”, with the threat that Real Madrid may not otherwise partake.
In another message from September 2019, Rubiales congratulates Pique after the deal is confirmed.
“Well done Geri and I’m not talking about your great game and goal yesterday,” the RFEF president says. “I’m referring to the fact that the agreement is signed with Saudi Arabia.”
“Thanks for everything and I’m here for whatever you need.”
Pique, who has played for Barcelona since 2008, has been heavily involved in media and business interests whilst still remaining a top-level footballer.
This includes bringing Japanese e-commerce firm Rakuten as a sponsor for Barcelona, transforming the Davis Cup tennis tournament into a $3bn shakeup, and buying the Spanish football club FC Andorra.
The deal to host the Spanish Super Cup in Saudi Arabia has garnered backlash over human rights concerns in the kingdom, with protests taking place outside the Saudi embassy in Madrid ahead of the inaugural tournament in January 2020.
Hosting major sporting events is a key part of Crown Prince Mohammed bin Salman’s Vision 2030 strategy to modernize the kingdom and make the economy less reliant on oil.