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Rafael Nadal retires from tennis at the end of the 2024 season

by THEFUTURE.TEAM

The Spanish legend will end his professional career at the Davis Cup final, reports ATP.

KEY FACTS

  • Rafael Nadal announced that he will retire at the end of the 2024 season on social network X. “Hello everyone, I am here to inform you that I am retiring from professional tennis,” Nadal said in Spanish in the video.
  • The 38-year-old Spaniard will participate in his last. professional Davis Cup finals tournament in Malaga from November 19 to 24.
  • Rafael Nadal is a 92-time tour-level champion, and spent 209 weeks at No. 1 in the PIF ATP rankings.
  • He is a 22-time winner of Grand Slam titles, which includes a record 14 Roland Garros crowns.

KEY QUOTE

“Obviously this is a difficult decision and it took me a while to make it, but in this life, everything has a beginning and an end and I think the time is right to end a career that has been long and far more successful than I could have imagined.”

WHAT TO WATCH FOR

Nadal will end his storied career on home soil in Malaga, where he will be part of Spain’s Davis Cup squad, which also includes Carlos Alcaraz. The host nation play their quarter-final match against the Netherlands on Tuesday 19 November at 17:00 local time. “I am very excited that my last tournament will be the final of the Davis Cup and the presentation of my country,” said the tennis player.

“I think I’ve come full circle because one of my first great joys as a professional tennis player was the Davis Cup final in Seville in 2004. I feel super, super lucky for all the things I’ve been able to experience.” Nadal, who is 12-7 so far in 2024, went on to thank his ATP Tour rivals, his team and his family (including his uncle and former coach Toni Nadal). Although his body has rarely allowed him to compete at full fitness over the past two seasons, the Spaniard’s characteristic dedication to the sport has not waned. He attributes part of his desire to continue playing for so long to the advent of his son, Rafael. “Coming home and seeing my son grow every day was the force that really kept me alive and with the energy to continue,” says the Spaniard.

SPANISH LEGEND

Rafael Nadal is extremely popular among fans all over the world. His powerful left-footed strokes, combined with his almost unrivaled desire to compete and his role as part of the ‘Big Three’ alongside Roger Federer and Novak Djokovic, mean that he will end his career as one of the greatest icons of tennis.

“Finally, you the fans – I can’t thank you enough for what you made me feel,” Nadal said at the end of the video. “You gave me the energy I needed at every moment. Really everything I experienced was a dream come true. I leave with the absolute peace of mind that I have given my best and that I have made an effort in every way. I can only end with a thousand thanks to everyone and see you soon.”

FORBES ESTIMATES

According to our estimates, Nadal is the sixth highest-paid tennis star in 2024 with an income of $23.3 million. About $23 million of that amount is off-court income from various endorsement deals, as injuries kept him out of most major tournaments this past year. The exception is the French Open, where he lost in the first round to Alexander Zverev.

Jumbo Group Navigates Market Challenges With Steady Growth In Early 2026

by THEFUTURE.TEAM

Robust Growth In Cyprus And Greece

Jumbo Group reported positive sales growth at the start of 2026, with revenue in Cyprus increasing by 3% in February and by 6% during the first two months of the year. The company noted that results were achieved despite a strong comparative period in 2025, when the carnival season boosted demand across several product categories.

Region-Specific Challenges And Opportunities

Network sales in Cyprus, including the online store, declined by 1.8% in February. However, cumulative sales for January and February still recorded a 4% increase compared with the same period last year. In Greece, the group’s net sales, excluding intragroup transactions, rose by 6% in February and by 8% during the first two months of the year. Bulgaria also reported strong growth. Sales increased by 7% in February and by 11% during the January–February period. Romania was the only market to record a decline. Network sales there fell by 3% in February and by 4% during the first two months of the year. The company attributed the slowdown to currency depreciation, higher VAT and new fiscal measures, alongside inflation that reached 9.6% in January.

Strategic Expansion And Geopolitical Influences

Jumbo continues to expand its presence through international partnerships. In Israel, the group’s collaboration with Fox Group led to the opening of the fifth Jumbo store in the market. At the same time, rising geopolitical tensions in the Middle East are beginning to influence consumer sentiment in the region, creating additional uncertainty for retail activity.

Resilient Supply Chains And Commitment To Shareholders

The company said it has managed disruptions in international transport and supply chains through previously secured agreements with suppliers and logistics partners. The stronger euro compared with the previous year has also supported purchasing conditions. Following an extraordinary general meeting held on February 4, 2026, Jumbo announced an extraordinary cash distribution of €0.50 per share before tax. The ex-dividend date is set for March 23, 2026, while payments are scheduled to begin on March 30, 2026.

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