Piqué could be bankrupt after ‘million-dollar’ loss

• Gerard Piqué could be bankrupt
• They reveal millionaire losses in the company.
• Silence of the ex-footballer.

Former Spanish footballer Gerard Piqué, who was once the pride of FC Barcelona and president of the Kings League, is currently in the eye of the hurricane.

Now, he is allegedly facing a series of controversies and considerable financial losses.

Piqué, widely known for his outstanding football career and his long relationship with the famous singer Shakira, has been at the center of a media storm.

These involve accusations of infidelity and a new romantic relationship. Added to this is a strong economic blow due to problems in one of its companies.

Gerard Piqué bankrupt

The controversy surrounding Gerard Piqué began when rumors of alleged infidelity with his 12-year-old girlfriend, the famous singer Shakira, became public.

Since then, social media has been flooded with negative messages directed towards him, especially in relation to his new relationship with Clara Chía Martí.

Shakira’s fans, who have not yet forgiven this alleged betrayal, continue to constantly express their discontent.

However, the bad news does not end here for the former athlete, who is now in the eye of the hurricane again.

Unexpected business problems

Spanish media have recently reported that Piqué has suffered a considerable loss of money as a result of problems in one of his companies.

According to Spanish media reports, the company established by Piqué in 2009 has recorded losses totaling 23.9 million euros.

This amounted to approximately $25.2 million, which occurred during the fiscal year 2022.

This economic loss represents a marked contrast to the 8 million euros that Kerad Holding had reached in 2021.

Piqué could be bankrupt

The reason behind these overwhelming losses is attributed to «deterioration and results from disposals of financial instruments,» according to the ‘Diario Libre’ portal.

These results represent the worse financial performance of the company since its creation, which adds an additional obstacle to the former soccer player’s situation.

In addition, there is speculation that part of the economic crisis suffered by Kerad Holding could be related to its links with Kosmos Global Tennis.

Which is one of the many companies that Gerard Piqué was in charge of organizing, managing and exploiting.

Links with Kosmos Global Tennis

In particular, its involvement in the final phase of the Davis Cup is pointed out, an ambitious project in the world of tennis.

Initially, Piqué and his company were scheduled to carry out this event over a period of 25 years, Spanish reports revealed.

However, negotiations did not progress as planned, and it was established that Kosmos was required to make a payment to the International Tennis Federation (ITF).

Although this information has not yet been confirmed by Gerard Piqué or his representatives, it has generated a notable reaction on social networks.

Silence in the face of challenges

Many of the former soccer player’s critics, who have closely followed his steps since he retired from the sport and finished his relationship with Shakira, have celebrated this news.

For some, this series of financial and personal setbacks represents a clear decline in Piqué’s career and life.

The renowned former Spanish athlete used to be an icon both in the world of football and in the media sphere, he indicated for his part TikiTakas‘.

Despite the adversities, Gerard Piqué maintains a hermetic silence on these issues and has not issued public comments or official statements.