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Gerard Pique's Involvement at FC Andorra

James

Gerard Pique's Involvement at FC Andorra

With his legendary career soon coming to a stop, Gerrard Pique is setting himself up for life after football with his sports and media investment group, Kosmos, with one of their investments being taking over FC Andorra in December 2018 with the club playing in the fifth tier of Spanish football.

Header logoSegunda División

PosClubPWDLGDPTS
6
Team logoAlbacete
4217169+1167
7
Team logoFC Andorra
42161115+1059
8
Team logoReal Oviedo
42161115-159
Last updated 31/10/2024

How are FC Andorra Doing Under Pique’s Ownership?

Since Pique took over the club, the club has blitzed the Spanish leagues, gaining promotion to the fourth division in his first season as owner, but due to CF Reus Deportiu being relegated from the third tier for failing to pay their players, Andorra paid a €452,022 fee to replace them in the third division for the 2019/20 season.

In just their second season in the third tier, they reached the play-offs to be promoted to the second division, but were eliminated by Real Sociedad B, but just a season later they didnt have to go through the pain of the play-offs as they got automatically promoted to the second division for the first time in the clubs’ history.

Currently, in their first campaign in the second division, FC Andorra have not been fazed by the new heights as they sit 11th in the league with 15 points from their first 11 games, with their best run of results so far being a six-game unbeaten streak.

FC Andorra’s Off-Field Performances

Whilst there has been extensive work on the pitch that has gotten Andorra into the second division, the work and investment off the pitch by Pique has been remarkable for a club in a country with a population of just 77,000.

In April 2019, Andorra announced MoraBanc, the second largest bank in Andorra, as their main sponsor and then just under a year later, it was announced that Pyrénées, one of the biggest businesses in Andorra, was announced as a ‘premium partner’, with their logo being put on the clubs kit and around the stadium, along with Nike who are the official kit supplier of the club.

Pique isn't pocketing this money himself, he is using it to good use and is investing in a new stadium for the club, with plans to build a new 6,000 seater stadium, with costs estimated to be upwards of €26 million.

This has been done because of the immense rise since Pique and his company took over, going from a crowd of 30-40 people in their first game of the ownership to just recently seeing their record attendance of 3,361 fans, with around 500 season ticket holders.

Pique’s ambitions as a player were sky-high, and his ambition with his company Kosmos seem even higher, already securing a 25-year deal with the International Tennis Federation, worth $3 billion, showing his company could have the investment to back Andorra into La Liga and beyond, and with their business plan so far going very well, building the foundations of the club so they could find themselves in La Liga sooner rather than later.