Andy Murray’s investment in the padel company Game4Padel is proving to be a lucrative move. The company, which specializes in installing padel courts across the UK, has recently been valued at an impressive £27 million following a new round of funding. This surge in valuation is a testament to the growing popularity of padel, a sport that combines elements of tennis and squash.
Game4Padel has quickly become the leading operator for padel court installations in the UK, with high-profile investors like Liverpool captain Virgil van Dijk, former tennis players Andrew Castle and Annabel Croft, and of course, Andy Murray himself. The company’s success can be attributed to its focus on creating thriving padel communities and ensuring high utilization of its courts.
Jim McMahon, the chairman of Game4Padel, highlighted the company’s commitment to profitability and growth. With plans to open 10-15 more venues in the next 12 months, Game4Padel is poised to capitalize on the increasing demand for padel courts. The sport’s potential for expansion is further supported by the Lawn Tennis Association’s grants to clubs for installing padel courts.
Andy Murray’s involvement in Game4Padel not only showcases his business acumen but also his belief in the potential of padel as a sport. As the company continues to grow, Murray stands to reap significant rewards from his investment.
The future looks bright for Game4Padel and the sport of padel, with the company aiming to expand its reach both domestically and internationally. With Murray’s backing and the company’s strategic approach, padel is set to become a major player in the sports industry.
