After' pandemic effect , the  padel tracks  no longer attract as many customers in  Sweden  the  Swedish  have gone back to practice other sports. In this Nordic country,  the padel bubble is starting to burst , and this could soon affect other countries.

According to Spanish television channel  La Sexta , in March 2024, after an explosion in the practice of padel in Sweden, we are now seeing  a sharp loss of speed  in this  à la carte sports business .

Investment of two million euros

Le  paddle club  de  Stockholm , belonging to the Spanish  Carlos Frechilla , opened in  2020  with a  investment of two million euros . This site offered  cutting-edge tracks , especially for the soundproofing  facilities.

The director explains that the  demand was very high  during the period of  Covid , which prompted many clubs to open  without strategic thinking about their location .

Carlos Frechilla indicates that he was then making a  turnover of 10 euros per day . But in  2025 , single  a track  on the  22 short  available is still occupied by customers.

Thursday, May 22, 2025,  Romain Taupin , former coach and consultant in the  padel and tennis field  for about ten years: “Investors have created clubs in disarray without thinking about the medium term, without incorporating the fact that the mass of players that there was during the covid (padel was authorized) was not going to continue, without incorporating the competition in their business plan which was skyrocketing or the variation in prices which was going to impact their profitability etc. …”.

Un  Investment Funds  bought the club a year after its opening, and has just ordered its  closing . Carlos Frechilla comments:

“Investment funds acquired between 300 and 400 clubs until the bubble burst, resulting in losses of 500 million euros.”

The  FIP data  show that the  Sweden  is the  fourth country in the world  in number of clubs and padel courts, and the  third in Europe  behind the Spain  and the  Italie .

In Sweden, 600 amateur padel players

There are more than  1 installations  (Including  230 affiliates  ,  Swedish Padel Federation ) and  4 lots , a  land for 2 inhabitants , placing Sweden just behind the Andorra  (1 plot of land for 2 inhabitants).

In Sweden, it is estimated that there are  600 amateur players including  5 licensees  (67% men, 33% women) and  800 young  according to the data of the  Swedish Padel Federation .

And to the question of whether this situation could happen again in  Spain ,  Carlos Frechilla  answer :

"AT  Alcobendas  (municipality north of Madrid, editor’s note), there was a club of 35 courts which made  bankrupt six times , until the owner says stop.”

Henri Pasquet

Passionate about soccer and tennis since I was a kid, I've been playing ping-pong for three years at a club in Nantes. More recently, I discovered padel! Basketball, rugby, golf, and motorsports: yet more new sports that I follow regularly. On the cultural side, since I love giving my opinion, I write film and video game reviews on my Instagram page, Silence ça Mix.

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