Padel 100 Secures €5 Million Investment to Build 300 Courts Across Ireland by 2027
Ireland's fastest-growing padel operator Padel 100 has launched a €5 million funding round through the Employment Investment Incentive Scheme to install 300 courts nationwide, positioning Ireland among Europe's emerging padel markets.
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 national rollout of 300 courts by December 2027. This strategic move represents a significant milestone in Ireland's padel development, with the country now positioned 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, while investments from November 16, 2025 will receive 35% tax relief. The company plans to begin installations this month at a rate of 10-12 courts monthly, targeting 100 new courts by April 2026. With more than 40 venues already confirmed, this rapid expansion signals strong momentum for the sport in Ireland.
Padel 100's expansion is supported by strategic partnerships with industry leaders including Acenta Group from Sweden, Playtomic, and NXPadel. These collaborations bring world-class construction expertise, advanced booking technology, and premium materials to Ireland's growing padel infrastructure. CEO and Founder Ben Keohane emphasized that this initiative represents tangible progress rather than theoretical plans, with contracts signed and demand accelerating rapidly.
The financial proposition for investors includes a 40% fixed return over four years, full capital repayment at Year 4, and bonus royalty income for investments of €50,000 or more. A €10,000 investment is projected to deliver €19,000 back over four years, equating to an effective Internal Rate of Return of nearly 50%. By 2026, Padel 100's network is forecast to host more than 800,000 annual player sessions and generate over €11 million in revenue.
This development comes as padel continues its global ascent, with 7,000 new courts built worldwide in 2024 alone and a remarkable 92% player retention rate. The sport's potential Olympic inclusion further underscores its growing international significance. Ireland's entry into this expanding market through Padel 100's large-scale infrastructure investment represents a transformative moment for the country's sporting landscape, offering investors the opportunity to participate in both Ireland's sporting transformation and the growth of the world's fastest-growing sport.