Tennis Superstar Sir Andy Murray Scores £1.3 Million Deal for UK Padel
The company Sir Andy Murray is funding raised an additional £1.3 million to design and build a 300-court padel facility network in the UK in the next five years.
Catering to one of the world’s fastest-growing sport, Game4Padel has received its third round of investment. The Edinburgh-based company is looking to expand its footprint. It’s done on a small glass-enclosed court approximately a third the size of a tennis court with four people involved.
With a total of £2.5 million in funding, Game4Padel will invest in developing up to 300 courts in the next five years.
The last two fundraising events have shown enormous interest. Both have more than 10 times the number of people attending than expected.
To keep up with the ever-increasing demand, the organization is launching another round of fundraising this summer.
Game4Padel has inked an agreement with Westfield London, Europe’s largest retail destination. They will build and run padel courts for opening in January 2022.
Here’s a quick video at one of the play’s in a Game4Padel court:
The Penarth Windsor Padel venue was just established in April as the first padel facility in Wales. Additionally, negotiations are underway with around 50 other locations (such as prominent retail destinations, business parks, leisure centers, and sports arenas) about increasing the number of courts by more than 50 at the five present UK venues since new courts will be added. St George’s Hill Lawn Tennis Club in Surrey has also had a trial court lately.
They even have a kids’ winter padel camp! How cool is that?
The company boasts the support of star athletes that love padel, including tennis players Andy Murray and Jamie Murray and many other celebrities, including Jurgen Klopp, Pep Guardiola, and David Beckham.
The Lawn Tennis Association, the regulating organization for padel in the UK, predicted a 400% rise in the number of courts over the next five years (2023).