Mercia-backed NPIF II fund lends GBP 1.2 million to Play Padel for second site

• Play Padel secured a £1.2 million loan package backed by Mercia Asset Management to fund expansion in Sheffield.
• The UK padel operator runs indoor courts at Abbeydale Tennis Club. It is backed by former England cricket captain Joe Root.
• Proceeds will fund fit-out, working capital for a second venue near Meadowhall Shopping Centre with eight indoor courts.
• Funding came from NPIF II - Mercia Debt Finance, alongside the South Yorkshire Debt Fund managed by FW Capital.
• The new site is scheduled to open in October. It is expected to create about 12 jobs.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mercia Asset Management plc published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.