Whisperer 276 Posted July 5, 2014 Just how cooking naive can you be they have made the biggest borrox of running Birmingham. Any one who thinks they have half a chance please get real. They will never ever be involved in the running of a speedway again. For one minute I dont believe there was a plan to deliberately deliver them into the jaws of administration but at some point business owners have to accept that it ain't working which only leaves them denial or insolvency to address their problem. Share this post Link to post Share on other sites
orderly 174 Posted July 5, 2014 (edited) the plot thickens the registered office for the speedway is as follows:- Name & Registered Office:BIRMINGHAM BRUMMIES LIMITEDc/o PHILLIPS ASSOCIATESASSOCIATES HOUSE249 LYNDON ROADSOLIHULLWEST MIDLANDSB92 7QPCompany No. 07797533 but the registered office for Philips Associates is Name & Registered Office:PHILLIPS ASSOCIATES LIMITEDc/o ALAN PHILLIPS83 WEMBLEY AVENUELANCINGWEST SUSSEXUNITED KINGDOMBN15 9JYCompany No. 05920645 I know that I am not the sharpest knife in the drawer but it seems strange to have two registered offices I still believe that a good legal brain would be able to prove that Mr Philips is liable for all the debits and then him out of business Edited July 5, 2014 by starshooter Share this post Link to post Share on other sites
The Voice Of Reason 2,124 Posted July 5, 2014 (edited) Had to laugh at the Brummies website with photos of the "faithful" at Belle Vue and the tag 'thanks from the riders' All 11 of the fans ! -( being generous here ) with what must be an average age of 60 +. Totally pathetic ! Will the collapse of an elite league club spell alarm bells at BSPA headquarters? Of course not ! They ain't savvy enough to realise it's another nail in the coffin. Happy days (not) So you are basing your statement upon a few random pictures; and nothing else whatsoever. Who is to say that those pictures represent EVERY Brummies supporter that was in attendance at Belle Vue last Monday? Were YOU there? You'd make a great Prosecution Solicitor.......not! And please enlighten us precisely WHAT the BSPA are supposed to do in order to remedy the mismanagement of a Speedway Club. The last time I looked, they weren't a Registered Charity. Suffice to say if Mr. Phillips had sought assistance sooner, instead of lying through his teeth and stating that there were no debts, etc. then there is a chance that more meaningful action could have been taken before it was clearly too late. Mr. Phillips blames lack of support, the BSPA and possibly others for the sad demise of the club. Quite possibly, one of those individuals that has the temerity to apportion blame on others, instead of looking much closer to home. Just to add your irresponsible rhetoric is, to quote your own word - 'pathetic'. Edited July 5, 2014 by The Voice Of Reason 5 Share this post Link to post Share on other sites
mdmc82 2,878 Posted July 5, 2014 Is it not the case that any assets of Birmingham, now become assets of the BSPA? Who is a asset of Birmingham other than King? Share this post Link to post Share on other sites
racers and royals 8,730 Posted July 5, 2014 Who is a asset of Birmingham other than King? Covatti for one Share this post Link to post Share on other sites
Woz01 3,589 Posted July 5, 2014 Who is a asset of Birmingham other than King? Ludvig Lindgren is another. Share this post Link to post Share on other sites
Guest Posted July 5, 2014 Dare I mention this? But some of the comments beginning to appear on various aspects of the Birmingham problems tend to remind me of the 2011 episode known as the "Duchess of Sherborne era". Some of the comments now appearing look to be "sailing very close to the wind." Debate is one thing - "unfounded accusations" are a different kettle of fish. But I expect the BSF Mods are keeping a keen weather eye on what is now being said and appearing in regard to Birmingham and those involved with it. Share this post Link to post Share on other sites
toontrader 72 Posted July 5, 2014 Debts exceed the bond! but how much is the bond? I have tried to find this from other threads and back issues of Speedway Sat but cannot find it. I seem to recall that the cash bond is only something like £10,000 and that teams must have rider assets to the value of £10,000 in the Premier League and £40,000 in the Elite. To meet this, didn't Birmingham agree to buy Ben Barker and pay a small deposit promising to pay the balance during the season but then failed to make the later payments so Barker stayed a Coventry asset. Did Birmingham sign any more riders to meet the rider asset requirement and if not why did the BSPA let them get away with it as this must have been the early warning sign BEFORE the season started. I may be wrong about these figures perhaps Tsunami can correct me Share this post Link to post Share on other sites
Gert Handbag 10 Posted July 5, 2014 For all those that have been asking questions on "The Brummies" accounts; The accounts for the year ended October 2012 for Birmingham Brummies Ltd are a matter of public record. Look at the "Shareholders Funds " (i.e. value of the business) and "Creditors falling due within one year". Shareholders Funds is just £7K, Creditors falling due within 1 year is £158K. I will happily share the document (uplifted from Companies House) but I'm struggling to work out how to do this. This tells you all you need to know, and remember this was the close of play in 2012. Share this post Link to post Share on other sites
guitar_art 247 Posted July 5, 2014 Fighting fund update. We have now collected in excess of £5600. :-) 2 Share this post Link to post Share on other sites
Guest Posted July 5, 2014 Fighting fund update. We have now collected in excess of £5600. :-) And the target figure is and by when? Good luck with the venture. Share this post Link to post Share on other sites
ColinMills 1,728 Posted July 5, 2014 Who is a asset of Birmingham other than King? my god theres a question!!...who owns who these days???????? 1 Share this post Link to post Share on other sites
Trees 2,814 Posted July 5, 2014 Very interesting discussion between the Phillips and Tony Mole on BBC WM!!!Sounds as though the ball is all in the court of the BSPA!! 1 Share this post Link to post Share on other sites
speedybee 295 Posted July 5, 2014 Very interesting discussion between the Phillips and Tony Mole on BBC WM!!!Sounds as though the ball is all in the court of the BSPA!! Over half an hour of discussion on WM.. a 'must listen' on iPlayer for anyone who wants to hear it from the horses' mouth 1 Share this post Link to post Share on other sites
Trees 2,814 Posted July 5, 2014 Save the Brummies 2014!!! Share this post Link to post Share on other sites
