This is a gut punch for padel fans. The launch of the celebrity-backed Hexagon Cup is now tainted by accusations against former banker Tyron Birkmeir who is alleged to have messed up nearly £1 million in investor funding.
Two investors, who believed they were buying into the tournament’s ownership structure and poured almost a million pounds into the Hexagon Cup, discovered that Ex-Julius Baer banker—the supposed intermediary—was the only one listed as an owner. This money-grabber, operating through Lurra Capital, allegedly rerouted their equity for his own gain.
When confronted, his team tried to pull a fast one, claiming the equity investment was “always” just a loan. Seriously? Now, this investment manipulator is only offering to return the initial money, leaving investors—and fans—with nothing but questions.
It’s a shame that a promising event like the Hexagon Cup, featuring stars like Messi and Murray, is overshadowed by this kind of financial misconduct. Tyron Birkmeir owes the sport and its supporters an explanation, and the Hexagon Cup management needs to clean this up fast before the integrity of the whole tournament is ruined.
