scoobydoo 2,254 Posted July 9, 2023 2 hours ago, Roger Jacobs said: The key element of all this is that in many cases there's nothing to buy. What price would you put on, for example, Ipswich? After 25 years of hoping this season we win a league title without any success, id call it PRICELESS myself 1 Share this post Link to post Share on other sites
dontforgetthefueltapsbruv 10,706 Posted July 9, 2023 24 minutes ago, scoobydoo said: After 25 years of hoping this season we win a league title without any success, id call it PRICELESS myself There's the irony.... In that time we have had Rickardsson Gollob Louus Loram Nicholls Doyle Sayfutdinov etc We have also traditionally had great levels of support with arguably the largest consistent attendances of any club We have been fortunate with great sponsors even before Guy and TRU from the likes of Woodward , Sackers etc Ipswich is currently very stable and secure but have won pretty much eff all 1 Share this post Link to post Share on other sites
Bald Bloke 3,287 Posted July 9, 2023 4 hours ago, truthsayer said: Who would buy a speedway club? It's going to haemorrhage money and you can't even run it like a business, as outside forces tell you how to run your business - what days you can operate, what contractors you can employ, and so on. Tomalin said he wanted to buy PB pre season, and still wants it apparently. £40k is "chump change" to him , " just one of his cars" it has been said. As a big Panthers fan, who has built an "empire" his words, he could buy it now. After all he could probably buy it with the sponsor money that he apparently hasn't paid, after falling out with Buster. Share this post Link to post Share on other sites
Flappy 1,605 Posted July 9, 2023 9 minutes ago, Bald Bloke said: Tomalin said he wanted to buy PB pre season, and still wants it apparently. £40k is "chump change" to him , " just one of his cars" it has been said. As a big Panthers fan, who has built an "empire" his words, he could buy it now. After all he could probably buy it with the sponsor money that he apparently hasn't paid, after falling out with Buster. Or pick it up for free Share this post Link to post Share on other sites
Bald Bloke 3,287 Posted July 9, 2023 2 hours ago, iainb said: So, really you have no business credentials, yet are happy to criticise him for for his "very limited business acumen". And what exactly is the financial mess at KL? Have you thought that Buster may need to liquidate some of his assets and/or move actual cash into the club, to dig the club out of the mess it has clearly been left in? This is not the work of a moment. The "incompetent fool Chapman" has kept Lynn in business for over 30 years, and saved Peterborough. This is not speculation or hear-say it is a fact. Yet many on here want to see him out of the sport... and for who? Nobody is queuing up to buy these clubs, there's some show ponies who are talking the talk, but when push comes to shove are not walking the walk PB was going to drop down, and Buster bought them to keep the Prem going. But as you say about Lynn, is a fact, and there wouldn't of been a Prem with a TV deal if it wasn't for him buying PB. So putting his money where his mouth is. And he wasn't doing to make a profit with the state speedway was/is in .Unlike some wanna be owner. I've said enough on that one. He's not perfect by a long way. PB fans can't wait to blame him for everything, PB and Lynn. I know he owns them, but there has been a lot of goings on that, i'm sure are not all Busters fault at PB.. As for Lynn. He's been chucked in the deep end by Alex, who was running Lynn, including team building, and paying the riders. He's trying to save the Stars again. Easy target i guess. 2 Share this post Link to post Share on other sites
Bald Bloke 3,287 Posted July 9, 2023 (edited) 16 minutes ago, Flappy said: Or pick it up for free And completely fook up your season, putting the fans through this crap, to save some " chump change". Now that's a real passionate Panthers fan for you !!. Edited July 9, 2023 by Bald Bloke Share this post Link to post Share on other sites
Speedtiger 327 Posted July 9, 2023 2 hours ago, iainb said: So, really you have no business credentials, yet are happy to criticise him for for his "very limited business acumen". And what exactly is the financial mess at KL? Have you thought that Buster may need to liquidate some of his assets and/or move actual cash into the club, to dig the club out of the mess it has clearly been left in? This is not the work of a moment. The "incompetent fool Chapman" has kept Lynn in business for over 30 years, and saved Peterborough. This is not speculation or hear-say it is a fact. Yet many on here want to see him out of the sport... and for who? Nobody is queuing up to buy these clubs, there's some show ponies who are talking the talk, but when push comes to shove are not walking the walk Good luck with that then, Chapman has said publicly he hasn’t the money. Which probably means he doesn’t want to chuck money down a big hole that he’s created. It’s a bit like the arsonist trying to slack out his own fires! The whole situation is an embarrassing self inflicted shambles and if it wasn’t so serious it would be a joke! Just when you think it couldn’t get any worse it does. What the tv company and other stakeholders make of the situation is anyone’s guess. Sure they won’t be happy and laughing. Share this post Link to post Share on other sites
truthsayer 234 Posted July 9, 2023 53 minutes ago, Bald Bloke said: Tomalin said he wanted to buy PB pre season, and still wants it apparently. £40k is "chump change" to him , " just one of his cars" it has been said. As a big Panthers fan, who has built an "empire" his words, he could buy it now. After all he could probably buy it with the sponsor money that he apparently hasn't paid, after falling out with Buster. Short term that’s all well and good. It puts out the immediate fire but any business needs to be profitable to survive and to thrive. He gets bored/frustrated and it’s back to where they all end up. Share this post Link to post Share on other sites
Bald Bloke 3,287 Posted July 9, 2023 5 minutes ago, Speedtiger said: Good luck with that then, Chapman has said publicly he hasn’t the money. Which probably means he doesn’t want to chuck money down a big hole that he’s created. It’s a bit like the arsonist trying to slack out his own fires! The whole situation is an embarrassing self inflicted shambles and if it wasn’t so serious it would be a joke! Just when you think it couldn’t get any worse it does. What the tv company and other stakeholders make of the situation is anyone’s guess. Sure they won’t be happy and laughing. He was going nothing at Lynn, his words. Alex Brady was running the show. Alex pulling out created the situation at Lynn. Buster is trying to save the club. 3 Share this post Link to post Share on other sites
Bald Bloke 3,287 Posted July 9, 2023 2 minutes ago, truthsayer said: Short term that’s all well and good. It puts out the immediate fire but any business needs to be profitable to survive and to thrive. He gets bored/frustrated and it’s back to where they all end up. He said that he was passionate about PB and was a winner. Did he really think he would be able to run PB at a profit? Not for me. It was more like a play thing imho. 1 Share this post Link to post Share on other sites
scoobydoo 2,254 Posted July 9, 2023 1 hour ago, dontforgetthefueltapsbruv said: There's the irony.... In that time we have had Rickardsson Gollob Louus Loram Nicholls Doyle Sayfutdinov etc We have also traditionally had great levels of support with arguably the largest consistent attendances of any club We have been fortunate with great sponsors even before Guy and TRU from the likes of Woodward , Sackers etc Ipswich is currently very stable and secure but have won pretty much eff all It could get worse if Lynn and Peterborough close , a team finishing bottom in the records that had Doyle and Sayfutdinov in the side is unthinkable really Share this post Link to post Share on other sites
bigcatdiary 3,165 Posted July 9, 2023 2 hours ago, dontforgetthefueltapsbruv said: There's the irony.... In that time we have had Rickardsson Gollob Louus Loram Nicholls Doyle Sayfutdinov etc We have also traditionally had great levels of support with arguably the largest consistent attendances of any club We have been fortunate with great sponsors even before Guy and TRU from the likes of Woodward , Sackers etc Ipswich is currently very stable and secure but have won pretty much eff all Yep, Apart from the Pairs last year nothing since 1998 Share this post Link to post Share on other sites
Speedtiger 327 Posted July 9, 2023 (edited) 5 hours ago, Bald Bloke said: He was going nothing at Lynn, his words. Alex Brady was running the show. Alex pulling out created the situation at Lynn. Buster is trying to save the club. Ok BB, so we will see BUT as the owner of KL he should not have given Brady so much power and control, a very bad move by Chapman. Similar error of judgement at PB and buying all them duff engines with BSPA emergency fund money, I could go on!!! The big problem when dealing with a proven liar like Chapman you just don’t know what is true and what is a lie so to be on the safe side you just take everything he says as a lie. Edited July 9, 2023 by Speedtiger 1 Share this post Link to post Share on other sites
Roger Jacobs 554 Posted July 9, 2023 4 hours ago, Daniel Smith said: That's correct, Louis no longer owns the stadium do they? I think Speedworth bought that? As a new owner, you're probably just purchasing the bond, licence, assets then may be £20k for the name. £50-£70k all in The stadium is part of Foxhall Heath, which is owned by a group of people. Spedeworth have been the leaseholders of the stadium since it was car racing only, and Louis rents it off them for speedway. 1 Share this post Link to post Share on other sites
noaksey 345 Posted July 9, 2023 1 hour ago, Roger Jacobs said: The stadium is part of Foxhall Heath, which is owned by a group of people. Spedeworth have been the leaseholders of the stadium since it was car racing only, and Louis rents it off them for speedway. This is correct, as far as I remember it's owned by Ipswich Speedway Limited which is nothing to do with the Witches. 1 Share this post Link to post Share on other sites