philcrumpisgod 18 Posted January 17, 2013 Let me be clear here, I do NOT intend this to be a Poole bashing thread. Regardless of what some people think about them as a club, the truth is they appear to be successful and are apparently the one with the biggest crowds and the one most switched on when it comes to business acumen. With that in mind, should we not all be more than a little concerned with the report in today's Star about them losing their 2 main sponsors and making a financial loss last season? After all, if Poole cannot make a profit (and actually make a loss) with all they have going for them, what is in store for British speedway as a whole over the next few tough years of general economic hardship? Most clubs are not run with the benefit of a wealthy benefactor, so how on earth will the rest survive? Share this post Link to post Share on other sites
MrB 58 Posted January 17, 2013 so how on earth will the rest survive? By not having 3 number one riders 4 Share this post Link to post Share on other sites
Mick H 19 Posted January 17, 2013 By not having 3 number one riders Not brain surgery is it. 1 Share this post Link to post Share on other sites
Jonny the spud 2,281 Posted January 17, 2013 "Made a loss"= good accountant. Don't want a profit to we. The taxman would come sniffing. 5 Share this post Link to post Share on other sites
fredbogge 40 Posted January 17, 2013 "Made a loss"= good accountant. Don't want a profit to we. The taxman would come sniffing. Thats the way to do it. When the boss lady had her shop the accountant would alway`s show a loss at year end so no tax Share this post Link to post Share on other sites
Tsunami 10,219 Posted January 17, 2013 Let me be clear here, I do NOT intend this to be a Poole bashing thread. Regardless of what some people think about them as a club, the truth is they appear to be successful and are apparently the one with the biggest crowds and the one most switched on when it comes to business acumen. With that in mind, should we not all be more than a little concerned with the report in today's Star about them losing their 2 main sponsors and making a financial loss last season? After all, if Poole cannot make a profit (and actually make a loss) with all they have going for them, what is in store for British speedway as a whole over the next few tough years of general economic hardship? Most clubs are not run with the benefit of a wealthy benefactor, so how on earth will the rest survive? Alas, your good intentions blown apart by simple minded Poole bashers. And then they will tell you what is wrong with British Speedway, try looking in the mirror Share this post Link to post Share on other sites
Skidder1 7,658 Posted January 17, 2013 How come they've shown a profit every year prior to 2012 then?? Share this post Link to post Share on other sites
MattK 3,447 Posted January 17, 2013 By not having 3 number one riders If that was the case Belle Vue would be the most profitable team in world speedway. 6 Share this post Link to post Share on other sites
philfromcov 326 Posted January 17, 2013 Thats the way to do it. When the boss lady had her shop the accountant would alway`s show a loss at year end so no tax the beauty of one of the few cash based business left! next stop the casino Share this post Link to post Share on other sites
philcrumpisgod 18 Posted January 17, 2013 "Made a loss"= good accountant. Don't want a profit to we. The taxman would come sniffing. Thats the way to do it. When the boss lady had her shop the accountant would alway`s show a loss at year end so no tax I'm sure that if any business wanted to mitigate their taxable profits they could/would do it without broadcasting it to all and sundry. The fact that Poole have chosen to highlight this matter seems to me to indicate that there is a real problem here and one which is more indicative of the dire problems facing British speedway. Cracking jokes, making fun and pointing fingers doesn't appear to me to be any way forward. If Poole, with everything they have going for them, start to make substantial and or regular losses, what hope is there for everybody else? 2 Share this post Link to post Share on other sites
Starman2006 2,356 Posted January 17, 2013 Let me be clear here, I do NOT intend this to be a Poole bashing thread. Regardless of what some people think about them as a club, the truth is they appear to be successful and are apparently the one with the biggest crowds and the one most switched on when it comes to business acumen. With that in mind, should we not all be more than a little concerned with the report in today's Star about them losing their 2 main sponsors and making a financial loss last season? After all, if Poole cannot make a profit (and actually make a loss) with all they have going for them, what is in store for British speedway as a whole over the next few tough years of general economic hardship? Most clubs are not run with the benefit of a wealthy benefactor, so how on earth will the rest survive? Question has to be asked, how do the rest survive!! Share this post Link to post Share on other sites
MrB 58 Posted January 17, 2013 Alas, your good intentions blown apart by simple minded Poole bashers. And then they will tell you what is wrong with British Speedway, try looking in the mirror Really? I wouldn't consider myself a Poole basher (despite being an Eastbourne fan!) but I'd be pretty sure that the money spent on those three last year went some way to those losses, wouldn't you? Yes I'd like to see much stronger teams here in the UK but there is a much bigger debate there about costs in speedway and controlling them. 3 Share this post Link to post Share on other sites
New Science 1,059 Posted January 17, 2013 "Made a loss"= good accountant. Don't want a profit to we. The taxman would come sniffing. Spot onThe Elite League is a smokescreen for clubs to report losses but in reality making healthy profits. The sport is in rude health,what have we all been worrying about ! roll on next season 1 Share this post Link to post Share on other sites
moxey63 1,785 Posted January 18, 2013 Woolworths, Blockbuster, HMV and Comet. Add any speedway track of your choice to that list. If these High Street brands cannot take endless losses, how can our speedway tracks survive on on seemingly never-ending financial difficulties? Share this post Link to post Share on other sites
MattK 3,447 Posted January 18, 2013 Woolworths, Blockbuster, HMV and Comet. Add any speedway track of your choice to that list. If these High Street brands cannot take endless losses, how can our speedway tracks survive on on seemingly never-ending financial difficulties? No really the same, is it? Those companies have one aim, make a profit for their shareholders. Speedway clubs are typically owned by a rich benefactor who enjoys the "glamour" of owning a team. Anyone who buys a sports club with the aim of making a profit is in for a shock. 3 Share this post Link to post Share on other sites
