BREAKING: Historic agreement between Premier Padel and World Padel Tour

It has been officially announced that Qatar Sports Investments (QSI) and Damm have reached a historic agreement, resulting in the unification of Premier Padel and WPT starting from 2024.

Qatar Sports Investments (QSI), owner of the Premier Padel ciurcuit, and Damm, the owner of Setpoint Events and the organizing company behind the World Padel Tour (WPT), have come to a historic agreement for the acquisition of WPT by QSI.

Following this agreement, Premier Padel and WPT will merge into a single global professional padel circuit, retaining the name Premier Padel, and will be governed by the International Padel Federation.

Nasser Al-Khelaïfi, President of Qatar Sports Investments and Premier Padel, stated: "This is a historic moment for the sport of padel, witnessing the two premier professional padel circuits finally unified into a single global circuit, Premier Padel, starting next year. We are very excited about this new chapter."

Ten years of World Padel Tour

The agreement is the culmination of months of negotiations between the parties and will involve QSI acquiring the business assets of WPT. Additionally, the agreement will also resolve pending disputes between the parties, including those involving QSI, the FIP, and professional padel players who have competed in both circuits.

"World Padel Tour is now entering a new phase led by QSI, which will contribute to accelerating the international growth of the circuit. For Damm, it is a source of pride to have contributed to the development of professional padel, making World Padel Tour a global benchmark," stated Demetrio Carceller Arce, CEO of Damm.

Meanwhile, the President of the International Padel Federation, Luigi Carraro, said: "As the governing body of padel worldwide, we are thrilled to see the merger of two great tours into a fantastic global circuit. The International Padel Federation acknowledges Damm for its significant contribution to the sport of padel through the World Padel Tour since its inception in 2013."

Throughout the remainder of the year 2023, the WPT and Premier Padel circuits will continue to operate separately as planned, while efforts are made to unify the competitions for the upcoming year, forming a single global circuit, Premier Padel,  starting from 2024.