The agreement - in which Fablon have acquired a full package of commercial rights to the events from 2000 to 2008, including the rights to domestic and international broadcasting, advertising, sponsorship, merchandising, licensing and publishing - comes into force immediately and guarantees prize money for the World Open of at least $800,000 over the period.
Said Ted Wallbutton, chief executive of the WSF: "Fablon and the WSF have entered into an innovative, profit sharing, win/win partnership which we believe will greatly benefit both parties and raise the profile of squash to a new high level."
International women's squash has received a $4.5m boost after London-based intellectual property rights acquisition company Fablon Investments Limited acquired the rights to the Women's World Open and Women's World Team Championships in a unique nine-year agreement with the World Squash Federation (WSF).
