Padel 100 Secures €5 Million Investment to Build 300 Courts Across Ireland by 2027
TL;DR
Padel 100's EIIS investment offers early investors 50% tax relief and a 40% fixed return over four years, providing significant financial advantage in Ireland's booming padel market.
Padel 100 will install 300 courts nationwide by December 2027 through strategic partnerships with Acenta Group, Playtomic, and NXPadel, starting with 10-12 courts monthly.
This €5 million investment creates infrastructure for Ireland's fastest-growing sport, promoting community health and positioning Ireland among Europe's leading padel markets for the first time.
Padel 100's rollout brings the world's fastest-growing sport to Ireland with 300 courts planned, leveraging a sport with 92% player retention and Olympic potential.
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Padel 100, Ireland's fastest-growing padel operator, has announced a €5 million capital raise under the Employment Investment Incentive Scheme to fund an ambitious rollout of 300 courts across the country by December 2027. This strategic move represents a significant milestone in Ireland's padel development and positions the nation among Europe's fastest-emerging padel markets for the first time.
The investment structure offers compelling incentives for early participants, with investments completed before November 15, 2025 qualifying for 50% EIIS income tax relief. Following Padel 100's trading commencement on November 16, 2025, the tax relief decreases to 35%. The company has already confirmed more than 40 venues for court installations, with construction beginning this month at a projected rate of 10-12 courts monthly. This accelerated timeline anticipates 100 new courts operational by April 2026.
CEO and Founder Ben Keohane emphasized the concrete nature of the initiative, stating that the company is delivering on its commitments with signed contracts and secured partnerships rather than theoretical plans. The rollout is supported by strategic collaborations with industry leaders including Acenta Group from Sweden, Playtomic, and NXPadel, bringing world-class construction expertise, booking technology, and premium materials to Ireland's developing padel infrastructure.
The financial proposition for investors includes a 40% fixed return over four years with full capital repayment at Year 4. Larger investments of €50,000 or more qualify for bonus royalty income, with optional conversion into equity for long-term growth potential. A €10,000 investment is projected to deliver €19,000 back over four years, representing an effective Internal Rate of Return approaching 50%. The company's national network is forecast to host more than 832,000 annual player sessions by 2026, generating over €11 million in revenue.
This development occurs against the backdrop of padel's global expansion, with 7,000 new courts built worldwide in 2024 and the sport demonstrating a remarkable 92% player retention rate. With Olympic inclusion on the horizon, Ireland's rapid infrastructure development through Padel 100's initiative places the country at the forefront of this international sporting movement. The scale and speed of this rollout represent a rare occurrence in sports infrastructure development, potentially transforming Ireland's recreational sports landscape while offering investors participation in one of the world's fastest-growing sports markets.
Curated from citybiz
