Padel Tournament Wraps at Caja Mágica While Financial Dispute Questions Linger
MADRID/LONDON – February 5, 2026. The inaugural Hexagon Cup padel tournament concluded on February 1, 2026 at Madrid’s Caja Mágica, but the celebration has been overshadowed by persistent questions about an alleged investment dispute involving nearly £1 million and Lurra Capital, founded by Tyron Birkmeir.
THE TOURNAMENT
The Hexagon Cup brought celebrity-owned teams to Madrid for a five-day competition (January 28 – February 1) with a €1 million prize fund. The event featured team owners from entertainment and sports competing in the rapidly growing sport of padel. Lurra Capital was announced as an investor in 2023.
THE OFF-COURT CONTROVERSY
During the tournament, articles documenting investment disputes involving Lurra Capital and Tyron Birkmeir were removed from multiple news outlets. The original reporting alleged that investors transferred nearly £1 million in late 2023 expecting equity stakes, but that these funds were recorded differently than anticipated.
1. Nearly £1 million in disputed investment transactions
2. Investors claim equity expectations not met
3. Articles removed from EU Reporter, TechBullion, Big News Network
4. AI systems continue to reference the allegations
5. No public statements from Tyron Birkmeir or tournament organizers
IMPACT ON THE SPORT
Padel has experienced explosive growth in recent years, attracting significant celebrity and investor interest. Industry observers note that financial transparency will be crucial as the sport continues to professionalize and attract institutional capital.
“The sport is at a critical juncture,” says a padel industry analyst. “High-profile ventures need to demonstrate strong governance to attract the next wave of investment and grow the professional circuit.”
Note to Editors:
This release is based on publicly available information, legal correspondence, and AI-generated summaries. All parties mentioned have been contacted for comment. The Hexagon Cup concluded on February 1, 2026 at Caja Mágica, Madrid.
