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11 minutes ago, stevehone said:

of course, there will always be outside influences, but as long as it's not the CLUB having to fork out then they can work within a budget

...Northern Sports basically went bust due to their outside interests which affected the speedway at Cowley.

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1 minute ago, steve roberts said:

...Northern Sports basically went bust due to their outside interests which affected the speedway at Cowley.

so they paid out more than they had come in?

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11 minutes ago, mikebv said:

I remember it was quoted that over £100k was the difference between the "old rate" and the "new rate" for some top class riders at the time, and that some of them simply were not going to ride... 

Hence some got sponsored by "companies" that suddenly sprang up....

And then everyone got paid the going rate...   :rolleyes: ;)

Northern Sports who owned and promoted speedway at Cowley were expecting Hans to take a pay cut and the difference would be made up by his impending testimonial which he dismissed. The losers were the fans and Hans moving to Coventry was helped by sponsorship...apparently.

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1 minute ago, stevehone said:

so they paid out more than they had come in?

...the speedway was apparently subsiding their other businesses. However most, if not all, clubs have traditionally paid out more than any revenue they manage to accumulate so there's nothing new there.

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5 minutes ago, steve roberts said:

...the speedway was apparently subsiding their other businesses. However most, if not all, clubs have traditionally paid out more than any revenue they manage to accumulate so there's nothing new there.

true, which is why it needs sorting out

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1 minute ago, stevehone said:

true, which is why it needs sorting out

...trouble is many tracks nowadays are run by wealthy "supporters" and not promoters in the truest sense and often end up getting their fingers burnt. Love him or hate him but Reg Fearman was of the old school (well worth reading his autobiography) and was a well respected promoter although Neil Middleditch may not agree!

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1 hour ago, steve roberts said:

...the speedway was apparently subsiding their other businesses. However most, if not all, clubs have traditionally paid out more than any revenue they manage to accumulate so there's nothing new there.

If Captain Hook had two hooks instead of one and two wooden legs I reckon he could count on his fingers and toes how many promoters use profits from their Speedway to subsidise their other businesses 

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2 hours ago, stevehone said:

but the CLUB can restrict, and if sponsors want to pay that's up to them, but should be separate from the clubs

But clubs don’t restrict do they, what they say and what they do are generally very different.

 

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Speedway (albeit on a much lesser scale) is no different to football. The  clubs withe richest owners, biggest sponsors and profitable businesses to subsidise them are the clubs who do all the winning and own a large rider asset base.  Gate receipts at those clubs will never cover the costs of riders  "pay packages" and all the other associated operating costs. When these owners lose interest or they wish to concentrate on running their businesses , the club folds  often with large debts. 

Belle Vue bought the Premier League  p.off title  by affording a large fee for  a guest.  Poole have always been able to offer their overseas riders an accommodation package and other benefits courtesy of their promoters hotel. 

There cannot be a single PL or CL club running today that is honestly a viable business, without being propped up by sponsorship and subsidy every season. 

Unless there is a sudden resurgence in crowd levels to that of 20 years ago - nothing will change.

 

 

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Having heard some mind boggling figures (for speedway anyway) it always seemed to me like the riders demands easily outweighed the clubs income. Almost like the goose was happy to destroy the golden egg... 

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No speedway star still, must be the Postie strike causing the delay , oh well only £50 in his tip this year.

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3 hours ago, topaz325 said:

No speedway star still, must be the Postie strike causing the delay , oh well only £50 in his tip this year.

None for me either.

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6 hours ago, topaz325 said:

No speedway star still, must be the Postie strike causing the delay , oh well only £50 in his tip this year.

Still to arrive in deepest west Cumbria 

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