2 weeks ago

Pique's chess investment signals franchise future for Global Chess League

Pique's chess investment signals franchise future for Global Chess League
Chess is trying to become a franchise sport: What Pique’s investment tells us · financialexpress.com

Chess is a board game played with little pieces on a checkered board.

For a long time, chess players competed one against another in tournaments.

Now, some people want chess to be more like big team sports such as football or cricket.

A man named Gerard Pique, who used to play football for Barcelona, has put money into a chess team.

His team is called American Gambits, and it plays in a league called the Global Chess League.

This league has six franchises, just like many big sports leagues have franchises.

Pique joins an Indian cricketer named Ravichandran Ashwin, who already owns part of the team.

The next season of the league will happen in Bengaluru, India, in September 2026.

Pique hopes that chess can become a fun sport that many fans follow, not just one watched by grandmasters.

Key facts

Investor
Gerard Pique, former Barcelona and Spain defender
Franchise
FYERS American Gambits
League
Tech Mahindra Global Chess League (GCL)
League initiative
Joint initiative of Tech Mahindra and FIDE
Investment terms
Not disclosed
Fourth season dates
September 3-13, 2026
Fourth season venue
Bengaluru, India
Third season reach
1 billion+ impressions; 10 million viewers

Quotes

Gerard Pique

Former Barcelona defender and entrepreneur

“"Throughout my career, I’ve always been interested in projects that rethink how sport connects with fans, and chess has fascinated me for a long time because of its depth, its global appeal and the incredible mental strength it demands."”
financialexpress.com

Prachura PP

Co‑owner and CEO of FYERS American Gambits

“"Chess is currently the second fastest-growing sport in India after cricket. India’s recent dominance, producing a world champion in Gukesh, Olympiad gold-winning teams and multiple global titleholders across categories, signals a structural shift."”
financialexpress.com

Sources

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