BARCELONA/DOHA: Qatar Sports Investments, together with the International Padel Federation, the Professional Padel Association and Damm — owner of Setpoint Events, which organizes the World Padel Tour — have reached an agreement for the acquisition of the WPT.
The agreement will result in a single global professional padel tour, Premier Padel, governed by the International Padel Federation.
Separate WPT and Premier Padel tours will be played as planned throughout the remainder of 2023 before the unification process gets underway.
World Padel Tour, established in 2013, is the leading tour in the sport, and features over 26 men’s and women’s tournaments across 14 countries, with 17 global sponsors, and broadcasting rights spanning more than 150 countries.
Premier Padel was launched in 2022 and has become one of the fastest-growing tours in world sport.
Over 500 players from around the world competed in tournaments in its first year, playing in venues that included Stade Roland-Garros in Paris.
Premier Padel has secured multi-year broadcast agreements that cover more than 180 countries, reaching over 150 million households. The inaugural 2022 Premier Padel season attracted 22.7 million views on YouTube.