Pique's group takes over FC Andorra

Barcelona defender Gerard Pique has expanded his business stable by taking over tiny Spanish lower-league soccer club FC Andorra, the player's Kosmos investment group said on Saturday.

FC Andorra, founded in 1942, play in the First Regional Catalan Division and spent 14 seasons in Spain's regionalised third tier, Segunda Division B.

Kosmos, founded by Pique, who is also the CEO and president of the firm, is most famous for its takeover of tennis's Davis Cup, injecting $3 billion dollars into the 118-year-old competition over the next 25 years and creating a week-long format akin to a World Cup due to start next November in Madrid.

The company's portfolio also includes the television production company Kosmos Studios.