Qatar Sports Investments (QSI), the owner of Premier Padel, has bought the rival tour World Padel Tour from its organizer, Spanish firm Damm, for an undisclosed amount. QSI intends to combine the two competitions into a unified global circuit starting in 2024. World Padel Tour and Premier Padel will continue as planned until the end of 2023. The new unified tour, governed by the International Padel Federation (FIP), will be called Premier Padel. QSI, which also owns French football club PSG in Ligue 1, launched Premier Padel in 2022. World Padel Tour, established in 2013, was celebrating its 10th anniversary this year and had so far served as the pre-eminent tour in the sport. QSI is led by Nasser Al-Khelaifi, who is also the president of PSG and chairman of Qatari state-owned beIN Media Group.