The Padel Paper’s Post

“We feel the economics of padel are more positive in outdoor venues...” In the second part of our interview with Michael Gradon, he explains why Game4Padel has focused on outdoor #padel clubs, avoiding the warehouse model that’s spreading across the UK. Read more: https://lnkd.in/ebBG2wYm Peter Gordon Lucy Mutch Tom Murray Steve Yeardley Lee McLaughlan MCIPR Ben Nichols

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Kristopher Ball

Founder & CEO, The Padel Club Ltd. Leader in UK Padel Expansion 🎾 🎾 🎾

1w

This has to be viewed over the longer term and as more courts develop in the same catchments. Of course people prefer to play indoors when the weather is bad (including beginners) but they also like to play outdoors when its dry and the wind is low. You can also factor in location and pricing, for the long term peoples journeys will shorten and players absolutely do not want to play £80+ for the pleasure of an indoor game. If people want to play regularly indoors, the pricing will have to come down. Our club at The Padel Club Gloucester Quays manages to achieve both, an amazing indoor experience, for less than £40 per court. PS Many of our pipeline clubs (including Gloucester) have courts indoors and outdoors, priced for the regular player.

Polina Konstantinova

Head of Underwriting Operations at Newline Group

1w

Well the economics are positive when taking the stance that ‘padel is an all weather sport’ and it’s safe to play in the pouring rain so hence no refunds for cancellations due to weather, which is what this company emailed me to say last year.

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