QSI Investment with FIP is Big News for Global Padel

The International Padel Federation (FIP) – the governing body of padel – recently announced a landmark new chapter in the history of the sport, which will see an official new padel tour launched immediately. The global tour will be fully regulated by FIP, fully supported by the world’s top players, and will benefit from a major new strategic partnership with Qatar Sports Investments (QSI). The ground-breaking new padel tour will be founded on a completely new global calendar of international and national competitions – including four top category (often called major) events – which will all take place in spectacular venues around the world.

This new chapter for padel under the leadership of FIP sees the professionalization and globalisation of the sport fully supported by the world’s leading players, represented by the Professional Players Association (PPA); and a new global strategic partnership with QSI. QSI is the investment group behind several world-leading sports brands and businesses, and will provide unparalleled expertise and business acumen in developing sports and brands on the global stage.

Padel is one of the fastest growing sports in the world with over 25 million players globally (a figure that has doubled in the past 5 years), with participation equally split between men and women, spanning all ages and backgrounds. In several territories, the sport is second only to football in terms of popularity. Over recent years, FIP has been progressing ambitious plans for the sport to be part of the Olympic Games as soon as Los Angeles 2028.

This can only be excellent news for the growth of padel across the UK. More investment in the sport globally, exposure at the Olympics and TV coverage is going to make more people aware of the game.

For the full press release from the FIP click here.