Fina 78 Posted June 21, 2022 10 minutes ago, Wardey said: Hi Fina. The VAT debt from the previous owners was already dealt with under the previous Ltd Co entity that Rob & Co took over. When I say dealt with...that business was declared bankrupt. Then a new Ltd Co was formed which is the current business. Hope that helps That does tie in with the published accounts and sound more realistic. Seemed odd to me that the new company would taken on a VAT debt from the previous company, as I have seen suggested in a few places, but I am learning that speedway has a few rules that dont make sense to me. 1 Share this post Link to post Share on other sites
poole keith 911 Posted June 21, 2022 exactly right roger,as an example of how it should be done the IPL allowed 2 new teams to join the league this season and each existing club was only allowed to retain 2 of their current players every other player went into an auction with every team only allowed to spend so much at the auction,result the new teams were 1st and third 1 Share this post Link to post Share on other sites
orion 7,615 Posted June 21, 2022 (edited) 24 minutes ago, Nickinho said: Nothing to do with having a competitive team if the cause of the closure is running out of money. It was a half-assed promotion team with no real drive. Charlatans basically. Of course it has a lot to do with not having a competitive team .it stands to reason that the crowds are low due to that hence bringing less income in. People tend to blame UK speedway in general for a demise of a club but most of the time it's just a crap ran business. Edited June 21, 2022 by orion 3 Share this post Link to post Share on other sites
Fromafar 10,358 Posted June 21, 2022 8 minutes ago, penchev said: Obvious there is a problem with the sport in this country rye house , Swindon , Somerset , Eastbourne, arena Essex and now Newcastle all closed in such a short space of time , also Edinburgh facing up to finding a new home , and rumours that Poole are in similar situation with there stadium? (8 clubs now face it that’s a problem ) is it the polish ruling that is having an effect and the lack of riders being available? Kings Lynn for example being told sorry but NKI is being recalled, absolutely bonkers that Newcastle probably faced the problems of riders committing to the club as it was not stable after last season and some riders would find it too big a gamble to sign for them? Some clubs are thriving but across the board it does not seem to be enough ? There is a big problem in GB.The Polish ruling maybe having an effect,but the bottom line is that’s where the riders want to race,or they would be here instead. 1 Share this post Link to post Share on other sites
iainb 4,996 Posted June 21, 2022 1 hour ago, Edin03 said: Horrible day for everyone involved with Newcastle speedway. Can only hope there is someone out there willing to take over for next season. Not a great situation for British Speedway as we could now be looking at Newcastle, Birmingham and ourselves not coming to tapes next season. The revival of Oxford this season and hopefully Workington (Northside) next season gives us hope for the future but it isn’t looking good with more tracks / teams being closed down. 21 minutes ago, penchev said: Obvious there is a problem with the sport in this country rye house , Swindon , Somerset , Eastbourne, arena Essex and now Newcastle all closed in such a short space of time , also Edinburgh facing up to finding a new home , and rumours that Poole are in similar situation with there stadium? (8 clubs now face it that’s a problem ) is it the polish ruling that is having an effect and the lack of riders being available? Kings Lynn for example being told sorry but NKI is being recalled, absolutely bonkers that Newcastle probably faced the problems of riders committing to the club as it was not stable after last season and some riders would find it too big a gamble to sign for them? Some clubs are thriving but across the board it does not seem to be enough ? I think Peterborough are on borrowed time also 1 Share this post Link to post Share on other sites
Rob B 1,255 Posted June 21, 2022 The majority of teams that been having financial issues are Championship teams. The Championship standard is too high, mainly because doubling down has got out of control and the difference between NDL and Championship is too big with NDL riders struggling to get Championship teams. The standard of Championship needs lowering, doubling down needs reducing, teams like Poole, Glasgow etc should be in Premiership. 14 1 Share this post Link to post Share on other sites
Fromafar 10,358 Posted June 21, 2022 2 minutes ago, Rob B said: The majority of teams that been having financial issues are Championship teams. The Championship standard is too high, mainly because doubling down has got out of control and the difference between NDL and Championship is too big with NDL riders struggling to get Championship teams. The standard of Championship needs lowering, doubling down needs reducing, teams like Poole, Glasgow etc should be in Premiership. Don’t think the standard is too high in Championship, it’s the riders (second rate most of them) demands making the wage bill excessive.Nothing will change though. Share this post Link to post Share on other sites
iainb 4,996 Posted June 21, 2022 (edited) There's so many reasons... and we've all discussed them ad infinitum and still nobody does anything to address any of the problems. Likelihood next year will be (must be) one league with reduced team numbers, which of course will be launched with great fanfare, a new era etc. etc. 5 year plan blah blah blah Edited June 21, 2022 by iainb Share this post Link to post Share on other sites
Fromafar 10,358 Posted June 21, 2022 6 minutes ago, iainb said: There's so many reasons... and we've all discussed them ad infinitum and still nobody does anything to address any of the problems. Likelihood next year will be (must be) one league with reduced team numbers, which of course will be launched with great fanfare, a new era etc. etc. 5 year plan blah blah blah Wouldn’t bank on 1 League next year. Share this post Link to post Share on other sites
iainb 4,996 Posted June 21, 2022 5 minutes ago, Fromafar said: Wouldn’t bank on 1 League next year. maybe not... but if it ain't next year, it'll be coming soon, it's just putting off the inevitable unless there are BIG changes to address the problems we can all see Share this post Link to post Share on other sites
Fromafar 10,358 Posted June 21, 2022 3 minutes ago, iainb said: maybe not... but if it ain't next year, it'll be coming soon, it's just putting off the inevitable unless there are BIG changes to address the problems we can all see We’ve been say that for a few years now.Main problems for me are teams like Glasgow and Poole will take a bit of persuasion if the cost of running in 1 league are any more.They are just ticking over in Championship don’t need more expense.Premiership would need to be watered down which is a big stumbling block IMO. Share this post Link to post Share on other sites
racers and royals 8,720 Posted June 21, 2022 (edited) 1 hour ago, penchev said: Obvious there is a problem with the sport in this country rye house , Swindon , Somerset , Eastbourne, Lakeside and now Newcastle all closed in such a short space of time , also Edinburgh facing up to finding a new home , and rumours that Poole are in similar situation with there stadium? (8 clubs now face it that’s a problem ) is it the polish ruling that is having an effect and the lack of riders being available? Kings Lynn for example being told sorry but NKI is being recalled, absolutely bonkers that Newcastle probably faced the problems of riders committing to the club as it was not stable after last season and some riders would find it too big a gamble to sign for them? Some clubs are thriving but across the board it does not seem to be enough ? NKI recalled= NKI/ Kings Lynn were (i`m assuming) told no more you know the rules - Poland + 2 NOT 3. NKI had a choice drop Denmark or Sweden or UK and this is the outcome. Edited June 21, 2022 by racers and royals 3 Share this post Link to post Share on other sites
iainb 4,996 Posted June 21, 2022 4 minutes ago, Fromafar said: We’ve been say that for a few years now.Main problems for me are teams like Glasgow and Poole will take a bit of persuasion if the cost of running in 1 league are any more.They are just ticking over in Championship don’t need more expense.Premiership would need to be watered down which is a big stumbling block IMO. Surely there will come a point where running 2 6 team leagues just won't be sustainable? I'm sick of going through these threads every year reading the same old comments, you can probably copy and past last years Eastbourne thread into this one and Rye House before that... etc. 1 Share this post Link to post Share on other sites
lisa-colette 6,022 Posted June 21, 2022 1 hour ago, penchev said: Obvious there is a problem with the sport in this country rye house , Swindon , Somerset , Eastbourne, Lakeside and now Newcastle all closed in such a short space of time , also Edinburgh facing up to finding a new home , and rumours that Poole are in similar situation with there stadium? (8 clubs now face it that’s a problem ) is it the polish ruling that is having an effect and the lack of riders being available? Kings Lynn for example being told sorry but NKI is being recalled, absolutely bonkers that Newcastle probably faced the problems of riders committing to the club as it was not stable after last season and some riders would find it too big a gamble to sign for them? Some clubs are thriving but across the board it does not seem to be enough ? I think Poole are okay for this season and next season. Not sure about 2024 onwards though. Share this post Link to post Share on other sites
Fromafar 10,358 Posted June 21, 2022 7 minutes ago, iainb said: Surely there will come a point where running 2 6 team leagues just won't be sustainable? I'm sick of going through these threads every year reading the same old comments, you can probably copy and past last years Eastbourne thread into this one and Rye House before that... etc. It will probably come to that, after all they will be saying that works in Poland.!!!!!! Only 8 Teams in Leagues over there.!! 1 Share this post Link to post Share on other sites
