7 votes

Sweden holds grim warning for the $4bn padel craze – conversions to warehouses and budget grocery stores after the sport's pandemic boom turned to bust

Posted by mycketforvirrad
Tags: sweden, padel, business, bankruptcy, venues, trends, investing, pandemics, coronaviruses.covid19, private equity, author.niclas rolander, author.jonas ekblom, source.bloomberg, paywall
https://www.bloomberg.com/news/features/2023-09-16/sweden-holds-warning-for-potential-crash-of-the-the-4-billion-padel-craze?embedded-checkout=true

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Title
Bloomberg
Word count
77 words

5 comments

  1. [5]
    cartoon_gun
    (edited )
    Link
    Pickleball is next. I wish I could short pickleball somehow, because I would be shorting it so hard.

    Pickleball is next. I wish I could short pickleball somehow, because I would be shorting it so hard.

    4 votes
    1. [4]
      Turtle42
      Link Parent
      I thought padel was just a fancy name for pickleball?

      I thought padel was just a fancy name for pickleball?

      1 vote
      1. [3]
        cartoon_gun
        (edited )
        Link Parent
        Oh it is. The link is behind a paywall so I can’t read it, but the header image looked like squash with the glass walls. But on second glance you’re right it is pickleball.

        Oh it is. The link is behind a paywall so I can’t read it, but the header image looked like squash with the glass walls. But on second glance you’re right it is pickleball.

        2 votes
        1. online_persona
          Link Parent
          In padel you can play off the walls; there aren't walls in pickleball (at least the courts I've seen)

          In padel you can play off the walls; there aren't walls in pickleball (at least the courts I've seen)

          1 vote
        2. mycketforvirrad
          Link Parent
          According to Wikipedia, padel came out of Mexico in 1969, and pickleball from the US in 1965. Both with a very similar vibe though.

          According to Wikipedia, padel came out of Mexico in 1969, and pickleball from the US in 1965. Both with a very similar vibe though.