Curated News
By: NewsRamp Editorial Staff
September 23, 2025
Padel 100 Launches €5M EIIS Raise to Install 300 Courts Across Ireland
TLDR
- 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.
Impact - Why it Matters
This development matters because it represents a significant infrastructure investment in one of the world's fastest-growing sports, bringing padel accessibility to communities across Ireland. For sports enthusiasts, it means increased opportunities to participate in a social, accessible sport that combines elements of tennis and squash. The timing is crucial as padel gains global momentum with Olympic inclusion likely, positioning Ireland to capitalize on this trend. From an economic perspective, the project creates construction jobs, generates revenue through player sessions, and offers Irish investors a unique opportunity to participate in sports infrastructure development with attractive tax incentives. The scale of expansion—300 courts by 2027—could fundamentally transform recreational sports participation in Ireland, similar to how other European countries have embraced padel as a mainstream activity. The high player retention rate (92%) suggests this isn't a passing trend but a sustainable addition to Ireland's sporting landscape.
Summary
Padel 100, Ireland's fastest-growing padel operator, has launched an ambitious €5 million fundraising campaign under the Employment Investment Incentive Scheme (EIIS) to dramatically expand the sport's infrastructure across the nation. The groundbreaking initiative aims to install 300 padel courts nationwide by December 2027, with installations beginning this month at a rapid pace of 10-12 courts monthly. This unprecedented expansion positions Ireland among Europe's fastest-emerging padel markets for the first time, with more than 40 venues already confirmed and 100 new courts expected by April 2026. The company is leveraging strategic partnerships with industry leaders including Acenta Group from Sweden, booking platform Playtomic, and court manufacturer NXPadel to bring world-class construction, technology, and materials to Ireland's booming padel scene.
The investment opportunity features compelling incentives for early participants, with investments completed before November 15, 2025 qualifying for 50% EIIS income tax relief, while investments from November 16, 2025 (when Padel 100 begins trading) qualify for 35% tax relief. CEO and Founder Ben Keohane emphasized that this isn't just theoretical planning but an active delivery initiative backed by signed contracts and accelerating demand. The financial proposition includes a 40% fixed return over four years, full capital repayment at Year 4, bonus royalty income for investments of €50,000 or more, and optional conversion into equity for long-term upside. A €10,000 investment is projected to deliver €19,000 back over four years, representing an effective Internal Rate of Return of nearly 50%.
The scale of Padel 100's vision is staggering, with the network forecast to host more than 800,000 annual player sessions and generate over €11 million in revenue by 2026. This expansion comes at a time when padel is experiencing explosive global growth, with 7,000 new courts built in 2024 alone and Olympic inclusion on the horizon. The sport boasts an impressive 92% player retention rate, indicating strong staying power beyond initial novelty. For Ireland, a nation known for its passion for sports, this initiative represents a transformative moment that will provide widespread access to what has become the world's fastest-growing sport, creating new recreational opportunities while offering investors a chance to participate in Ireland's sporting transformation.
Source Statement
This curated news summary relied on content disributed by citybiz. Read the original source here, Padel 100 Launches €5M EIIS Raise to Install 300 Courts Across Ireland
