Barcelona ace Gerard Pique's group Kosmos has teamed up with the International Tennis Federation (ITF) to revamp the Davis Cup with the introduction of an annual World Cup of Tennis Finals from 2019.
There have long since been calls for a Davis Cup shake-up and the ITF board of directors have endorsed a 25-year $3billion partnership with Pique's investment group Kosmos for that to come to fruition, subject to approval at the governing body's annual general meeting in August.
Spain defender Pique, 31, founder and president of Kosmos. last year emerged as an unlikely key figure in proposals to introduce the new competition amid concerns over the absence of high-profile players from Davis Cup contests.