stevehone 3,425 Posted November 29, 2021 1 hour ago, Racin Jason 72 said: The riders are powerless to protest. If they refuse to ride they are given a 28 day ban. one rule that needs changing, or things will go the same way at clubs again 4 Share this post Link to post Share on other sites
mikebv 10,243 Posted November 30, 2021 (edited) 23 hours ago, Lord Skid said: The Riders will get their basic money paid by the BSPL, the 'extras' won't get paid, it's happened so many times before, bigger fool the Riders for letting it carry on so long. If you 'withdraw your services' when not getting paid, you get banned for 28 days... Meaning you could lose more in future earnings than you are actually owed... Not much therefore, in the way of proper options for the riders is there? Does the Captain not still sign that declaration that no money is owed? And didn't the bond used to be £50k in either assets or cash? Presume that has changed? Edited November 30, 2021 by mikebv 1 Share this post Link to post Share on other sites
Wee Eck 703 Posted November 30, 2021 5 hours ago, mikebv said: If you 'withdraw your services' when not getting paid, you get banned for 28 days... Meaning you could lose more in future earnings than you are actually owed... Not much therefore, in the way of proper options for the riders is there? Does the Captain not still sign that declaration that no money is owed? And didn't the bond used to be £50k in either assets or cash? Presume that has changed? The bond is round about £10-12k. Teams then have to have a retained list with minimum values depending on the league. Something like £15k for CL and £25k for PL. If they don’t have that, then they need to lodge additional cash to top up the values. All very antiquated - retained lists need to be abolished and replaced by a far higher bond of at least the £50k that you quote. 2 Share this post Link to post Share on other sites
FromBendThree 145 Posted December 1, 2021 Would I be right in thinking that Eastbourne does not have any assets against its name? It seems that the BSPL took away any assets they might have had when the club closed in the summer. Before that, the club was NDL and were there any assets there - and if so, did they not pass to the bspl at closure. Going back to Elite league days, I can only think of Michelsen as an asset who rode for Eastbourne and who is still in action. That would seem on Wee Eck's figures to mean the new consortium will need around £27K for BSPL charges and then we know the air fence needs replacing - another £20K or thereabouts. You are also going to need some money in the bank in case it rains - and it will. All in all, it is clear the new consortium has a big task to get everything in place and totally makes sense while they are not rushing into 2022, especially with so much bad blood flying around over the happenings of the season just gone. Share this post Link to post Share on other sites
M.D 462 Posted December 1, 2021 7 minutes ago, FromBendThree said: Would I be right in thinking that Eastbourne does not have any assets against its name? It seems that the BSPL took away any assets they might have had when the club closed in the summer. Before that, the club was NDL and were there any assets there - and if so, did they not pass to the bspl at closure. Going back to Elite league days, I can only think of Michelsen as an asset who rode for Eastbourne and who is still in action. That would seem on Wee Eck's figures to mean the new consortium will need around £27K for BSPL charges and then we know the air fence needs replacing - another £20K or thereabouts. You are also going to need some money in the bank in case it rains - and it will. All in all, it is clear the new consortium has a big task to get everything in place and totally makes sense while they are not rushing into 2022, especially with so much bad blood flying around over the happenings of the season just gone. Eastbourne have no assets now When the club dropped to NL racing, assets like Michelsen was transferred to Lakeside for 'safe keeping' Lakeside went bust so lost all those assets Any assets the club then built up, like Tom Brennan, went to the BSPL when the club folded in 2021 A new air fence is £20K or a foam fence £50K BSPL fees are a lot more than that but we are already in a good place for 2023.. 2 Share this post Link to post Share on other sites
woofers 467 Posted December 1, 2021 On 11/30/2021 at 1:12 PM, mikebv said: If you 'withdraw your services' when not getting paid, you get banned for 28 days... Meaning you could lose more in future earnings than you are actually owed... Not much therefore, in the way of proper options for the riders is there? Does the Captain not still sign that declaration that no money is owed? And didn't the bond used to be £50k in either assets or cash? Presume that has changed? There is a particular section in the meeting certificate (which the Clerk of the Course must ensure is completed and given to the Referee before the start of the meeting) as follows: “We being the TEAM CAPTAINS certify that all monies due to each member of the Team have been paid as per the Riders Agreement except as listed below” Regardless of whether this section shows nothing, or there a list of unpaid riders on the certificate, the referee would know about it. But what would the referees duty be, even if they were aware of riders not being paid? Report it to the BSPA? Include it in their meeting report? Or pass the certificate over and assume someone else follows it up? And what does “paid as per the Riders Agreement” mean? Would the team captain be privy to contractual arrangements? Anyway, this really belongs in the past Eastbourne thread, or a General Speedway discussion rather than tainting the current one which is forward looking. Share this post Link to post Share on other sites
FromBendThree 145 Posted December 1, 2021 39 minutes ago, M.D said: Eastbourne have no assets now When the club dropped to NL racing, assets like Michelsen was transferred to Lakeside for 'safe keeping' Lakeside went bust so lost all those assets Any assets the club then built up, like Tom Brennan, went to the BSPL when the club folded in 2021 A new air fence is £20K or a foam fence £50K BSPL fees are a lot more than that but we are already in a good place for 2023.. Thanks for that update and good to hear things are in a good place for 2023 1 Share this post Link to post Share on other sites
old bob at herne bay 828 Posted December 1, 2021 I always struggle with this concept of any speedway club "assets" Virtually all clubs rent their stadiums. So the only tangible assets seem to be one tractor and associated grading accessories water bowser and assorted hose for track watering one air fence and safety fence one starting gate and set of flags telephone at starting gate set of coloured exclusion lights , couple of green lights plus a string of red lights referees box control panel. guess they own the shale on the track ? but transport costs negate its value. Rider assets are difficult. Bunch of self employed contractors, who may ride wherever they like for whoever they like and may decide not to ride at all for you despite you having their "signature" . (e.g. your asset may be a SGP rider but he has zero value because he no longer chooses to ride in the UK) So any club has very little in the way of assets, and those assets have a very limited market. Share this post Link to post Share on other sites
Jimsboy 58 Posted December 1, 2021 1 hour ago, M.D said: Eastbourne have no assets now When the club dropped to NL racing, assets like Michelsen was transferred to Lakeside for 'safe keeping' Lakeside went bust so lost all those assets Any assets the club then built up, like Tom Brennan, went to the BSPL when the club folded in 2021 A new air fence is £20K or a foam fence £50K BSPL fees are a lot more than that but we are already in a good place for 2023.. Thanks for the update MD. 1 Share this post Link to post Share on other sites
Jimsboy 58 Posted January 20, 2022 Speedway fixtures out and really hits home no speedway at Arlington this year 1 Share this post Link to post Share on other sites
Sings4Speedway 3,246 Posted January 20, 2022 25 minutes ago, Jimsboy said: Speedway fixtures out and really hits home no speedway at Arlington this year Given how team building is going for Birmingham i think the year break (forced or otherwise) is going to be the best thing for Eastbourne longer term. Having everything in place in plenty of time will allow for both on and off track success. 2 Share this post Link to post Share on other sites
M.D 462 Posted January 20, 2022 39 minutes ago, Sings4Speedway said: Given how team building is going for Birmingham i think the year break (forced or otherwise) is going to be the best thing for Eastbourne longer term. Having everything in place in plenty of time will allow for both on and off track success. Also take into account Birmingham have some sort of asset base but Eastbourne have nothing left having had it all taken back by the BSPL which would have made things even more difficult.. 1 Share this post Link to post Share on other sites
cityrebel 2,960 Posted January 20, 2022 1 hour ago, Jimsboy said: Speedway fixtures out and really hits home no speedway at Arlington this year Or Central Park. A disaster for speedway in the South East. Share this post Link to post Share on other sites
Jimsboy 58 Posted January 20, 2022 29 minutes ago, cityrebel said: Or Central Park. A disaster for speedway in the South East. At least there will be some Speedway at the old Gun site. Very basic venue but can see some good support. I will be venturing there most meetings. 2 Share this post Link to post Share on other sites
Sings4Speedway 3,246 Posted January 20, 2022 6 minutes ago, cityrebel said: Or Central Park. A disaster for speedway in the South East. Great spectator venue lost but the move away has probably helped sustain a venue that has been operating in the South East for 50 years and hopefully many more to come. Share this post Link to post Share on other sites