The investment group led by Barcelona defender Gerard Pique has bought FC Andorra, who play in Spain’s decrease leagues.
Pique mentioned in an announcement that his investment group, Kosmos, have accomplished their takeover after membership members accepted the sale.
FC Andorra, based in 1942, at present play in Spain’s fifth tier in opposition to golf equipment in Catalonia, enjoying as excessive because the third tier within the 1980s and 1990s.
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The acquisition of FC Andorra is the newest enterprise transfer by Pique.
Kosmos got approval by the Worldwide Tennis Federation to revamp the Davis Cup, reworking it right into a season-ending event held in a single venue as opposed to the present format which spreads ties out over months in several nations.
Pique has additionally launched enterprise ventures in esports, video video games, eyeglasses, isotonic drinks and natural hamburgers.
Mundo Deportivo reported that Pique might additionally retire from soccer in 2020 to deal with working for Barcelona’s membership presidency in 2021.