Tuesday, 14 July 2026

Iberempresa

IBEX 3519.335,70 -0,25%EuroStoxx 506271,02 +0,02%S&P 5007515,34 -0,79%€/$1,1393 +0,05%Brent84,48 +1,42%Bitcoin55.831 -0,07%
Breaking

Piqué implements an ERE in the Kings League and dismisses 31 workers

Gerard Piqué's Kings League dismisses 31 employees through an ERE due to economic reasons, following a sharp drop in audience.

Beatriz Lorenzo AguirreBeatriz Lorenzo Aguirre· · 2 min read

Gerard Piqué's company has agreed to the departure of 31 workers through a Employment Regulation File (ERE) for economic reasons, following a sharp drop in audience.

The Kings League, the football tournament created by Gerard Piqué, has executed an Employment Regulation File (ERE) affecting 31 workers. The company has justified the measure due to recurring losses and the collapse of audiences in recent months.

Gradual layoffs in July and August

The ERE has been applied gradually, with the first 20 departures last Friday and the rest in the coming weeks. The company has compensated those affected with 33 days per year worked, plus an extra bonus equivalent to 30 days of salary, as reported by Crónica Global.

Additionally, other concepts such as unused vacation and overtime have been included. The negotiation has been tense, as initially the Kings League intended to dismiss 41 people and under less favourable economic conditions.

Drop in audience and end of a tournament

The Kings League has suffered a tremendous drop in audiences in recent months, which has necessitated cost-cutting. The restructuring coincides with the end of the Kings World Cup Nations, held in Milan, one of the flagship projects of the competition.

Piqué pushed the legal deadlines to present an offer that would unlock the adjustment. The company has thus avoided a greater disruption in the planning of future events, although uncertainty about the viability of the business remains latent.

What it means for the workers and the future of the Kings League

For the dismissed employees, the agreed conditions improve the initial ones, but do not prevent the loss of their jobs. Unions have criticized the management and the delay in negotiations. For Kings League fans, the ERE is a symptom of the crisis the project is going through, which seeks to reinvent itself to regain audience.

The company has not ruled out further adjustments if the financial situation does not improve. For now, the 31 dismissals are a heavy blow for a competition that started with great expectations but is struggling to maintain interest.

Beatriz Lorenzo Aguirre

Written by

Beatriz Lorenzo Aguirre

Redactora

Periodismo económico por la Carlos III y lectora compulsiva de cuentas anuales. Cafés a destajo, alergia a las notas de prensa vacías y memoria para los ERE; en Iber Empresa escribe de empresas y empleo.