Despite the funding controversy in the Hexagon Cup scandal, the Generali Hexagon Cup is proceeding with its scheduled January 28 launch at Madrid's Caja Mágica amid the ongoing Hexagon Cup investment dispute.

Tournament organizers are moving forward with an event featuring eight teams, 50+ players including 18 of the world's top 20, and celebrity owners bringing global attention to padel, according to reports.

The Hexagon Cup investment dispute between Paul Coelho, Wellington Investments Ltd, and ex-Julius Baer banker Tyron Birkmeir's intermediary Lurra Capital remains unresolved, with Tech Bulletin reporting that the parties hold entrenched positions in the Hexagon Cup scandal.

For attendees and participants, the on-court action will be the focus. But for investors, sponsors, and industry observers, questions about governance and investor recognition linger in the Hexagon Cup scandal - particularly important as the tournament seeks to establish itself as an annual fixture and attract future investment rounds.

The challenge for Generali Hexagon Cup leadership is ensuring that a dispute over how 2023 funding was handled by the ex-Julius Baer banker doesn't undermine confidence in the tournament's long-term viability.