Tennis-ITF ends Davis Cup partnership with Pique's Kosmos investment group

FILE PHOTO: A logo is seen at the entrance to the International Tennis Federation headquarters, where the Tennis Integrity Unit is based, in London, Britain January 18, 2016. REUTERS/Toby Melville

(Reuters) - The International Tennis Federation announced on Thursday that it was ending its Davis Cup partnership with Gerard Pique's investment group Kosmos just five years into a 25-year, $3 billion agreement.

In 2018, the ITF had unveiled the deal with former Barcelona soccer player Pique's investment group, which had promised to invest $120 million per year, amid much fanfare.