pleasureboy60 Posted July 8, 2023 Report Share Posted July 8, 2023 22 minutes ago, 25yearfan said: Which is why one shouldn't go overboard when criticising those that do! I haven't got a high opinion of Keith "Buster" Chapman (slimy second hand car salesman who tells a lot of lies springs to mind! ) as a person with good reason but he's put a lot of his money and time into speedway since he first bailed out King's Lynn 31 years ago in 1992 and he is a genuine speedway enthusiast. Most people on this forum wouldn't be able to do what he has done in speedway so while its looks like his time in the sport has run its course and hes made mistakes like anyone does he should be given credit for the positive things he's done in speedway, a sport which only an absolute diehard would invest money into! Quote Link to comment Share on other sites More sharing options...
chun Posted July 8, 2023 Report Share Posted July 8, 2023 RIP King Lynn speedway. can’t see any coming back Quote Link to comment Share on other sites More sharing options...
Bald Bloke Posted July 8, 2023 Report Share Posted July 8, 2023 (edited) 1 hour ago, 25yearfan said: Which is why one shouldn't go overboard when criticising those that do! I haven't got a high opinion of Keith "Buster" Chapman (slimy second hand car salesman who tells a lot of lies springs to mind! ) as a person with good reason but he's put a lot of his money and time into speedway since he first bailed out King's Lynn 31 years ago in 1992 and he is a genuine speedway enthusiast. Most people on this forum wouldn't be able to do what he has done in speedway so while its looks like his time in the sport has run its course and hes made mistakes like anyone does he should be given credit for the positive things he's done in speedway, a sport which only an absolute diehard would invest money into! Agree. He is far from perfect, but he is a genuine enthusiast as you say. Stepping in several times to keep the Prem going, when no one else was willing to do. He can't take the blame for what's happened at Lynn this season either. He didn't pick the team or pay their wages. That was down to Alex. He has just stepped in again to try and sort a mess out. And as for the Panthers lack of funds, the word is that promised sponsor money, never came after a fall out with Tomalin. Leaving them on a "shoestring budget" . Whether you blame Buster for that or Tomalin, depends on whether you think Buster agreed that Tomalin could sign Holder, and then went back on his word, in which case you could blame Buster. Or did Tomalin know that Holder would never ride for a Buster club again after Holdergate, but went behind KC's back, and did the deal anyway. If that was the case Buster did nothing wrong, and the problem was created by Tomalin. That seems to be where things broke down between the two. Most PB fans think it was the first version, but right or wrong i firmly believe it was the latter. Edited July 8, 2023 by Bald Bloke 2 Quote Link to comment Share on other sites More sharing options...
Speedtiger Posted July 8, 2023 Report Share Posted July 8, 2023 2 hours ago, pleasureboy60 said: Ok you are entitled to your opinion which I respect but I am also entitled to my opinion and I feel Chapman has been a disaster for KL PB and the sport. How you can condone someone who tells lies is astonishing. Yes Chapman may have put money into KL but only to make money, no other reason. He thought he had all the answers and could take over speedway but It’s now backfired and he wants out. His mismanagement and very limited business acumen has got him into this mess and therefore he deserves to to face the consequences. I feel really sorry for the fans who trusted and believed him. Quote Link to comment Share on other sites More sharing options...
IainB Posted July 8, 2023 Report Share Posted July 8, 2023 48 minutes ago, Speedtiger said: Ok you are entitled to your opinion which I respect but I am also entitled to my opinion and I feel Chapman has been a disaster for KL PB and the sport. How you can condone someone who tells lies is astonishing. Yes Chapman may have put money into KL but only to make money, no other reason. He thought he had all the answers and could take over speedway but It’s now backfired and he wants out. His mismanagement and very limited business acumen has got him into this mess and therefore he deserves to to face the consequences. I feel really sorry for the fans who trusted and believed him. King's Lynn: Premier Trophy Champions: 2006, 2007 & 2009 Young Shield Champions: 2005 K.O. Cup Champions: 2000, 2005 2006, 2007 & 2009 Premiership Winners: 2001 Premiership table winners: 2018 Premiership Play-Finalists: 2018 Premiership KO Cup runners-up: 2018 Premier League Champions: 2006 & 2009 Peterborough: Premiership Champions 2021 Also if you could let me know the name of your company just so I can look it up at Companies House Thanks Quote Link to comment Share on other sites More sharing options...
Speedtiger Posted July 9, 2023 Report Share Posted July 9, 2023 7 hours ago, iainb said: King's Lynn: Premier Trophy Champions: 2006, 2007 & 2009 Young Shield Champions: 2005 K.O. Cup Champions: 2000, 2005 2006, 2007 & 2009 Premiership Winners: 2001 Premiership table winners: 2018 Premiership Play-Finalists: 2018 Premiership KO Cup runners-up: 2018 Premier League Champions: 2006 & 2009 Peterborough: Premiership Champions 2021 Also if you could let me know the name of your company just so I can look it up at Companies House Thanks Kings Lynn 2023 Bust ? Peterborough 2023 Bust ? 1 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 7 hours ago, iainb said: King's Lynn: Premier Trophy Champions: 2006, 2007 & 2009 Young Shield Champions: 2005 K.O. Cup Champions: 2000, 2005 2006, 2007 & 2009Premiership Winners: 2001 Premiership table winners: 2018 Premiership Play-Finalists: 2018 Premiership KO Cup runners-up: 2018 Premier League Champions: 2006 & 2009 Peterborough: Premiership Champions 2021 Also if you could let me know the name of your company just so I can look it up at Companies House Thanks What's all this nonsense to stick in an honours list? Quote Link to comment Share on other sites More sharing options...
truthsayer Posted July 9, 2023 Report Share Posted July 9, 2023 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. 1 Quote Link to comment Share on other sites More sharing options...
mikebv Posted July 9, 2023 Report Share Posted July 9, 2023 8 minutes 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. And your employees have their own wider agendas, so tell you when you can open for business.. With your existing loyal customers, and any potential new customers, having to accept these opening hours with a "take it or leave it" offering... Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 42 minutes 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. A serious businessman looking for a tax break on other businesses 1 Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 1 hour ago, Speedtiger said: Kings Lynn 2023 Bust ? Peterborough 2023 Bust ? You can't have it both ways... and your business credentials? Quote Link to comment Share on other sites More sharing options...
Roger Jacobs Posted July 9, 2023 Report Share Posted July 9, 2023 25 minutes ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses 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? Quote Link to comment Share on other sites More sharing options...
arnieg Posted July 9, 2023 Report Share Posted July 9, 2023 (edited) 4 hours ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses No serious business person would buy a speedway promotion just to generate tax losses. They would have to lose £40k to save £10k in corporation tax, costing £30k net. A serious speedway fan who is in business might though because it would only cost them £30k to pour £40k in to the money pit that is promoting British speedway. Edited July 9, 2023 by arnieg 2 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 1 minute 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? 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 Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 1 minute 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 Don't forget the clapped out old tractors... they must be worth quite a bit at the vintage classic tractor auctions Quote Link to comment Share on other sites More sharing options...
Speedtiger Posted July 9, 2023 Report Share Posted July 9, 2023 1 hour ago, iainb said: You can't have it both ways... and your business credentials? My business credentials are irrelevant and please don’t try to shoot the messenger. The fact is the financial mess at KL and PB (plus the farcical mismanagement during his time at BSPA) is all down to Chapman. He is the owner and he has the full responsibility and no one else. 2 Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 (edited) 13 minutes ago, Speedtiger said: My business credentials are irrelevant and please don’t try to shoot the messenger. The fact is the financial mess at KL and PB (plus the farcical mismanagement during his time at BSPA) is all down to Chapman. He is the owner and he has the full responsibility and no one else. 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 Edited July 9, 2023 by iainb 3 1 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 6 minutes 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 He didn't save Peterborough. He bought it to save the Premiership & it's TV deal 3 Quote Link to comment Share on other sites More sharing options...
Grand Central Posted July 9, 2023 Report Share Posted July 9, 2023 2 hours ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses You clearly have no understanding of what you think a 'Tax Break' is. 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted July 9, 2023 Report Share Posted July 9, 2023 19 minutes ago, Daniel Smith said: He didn't save Peterborough. He bought it to save the Premiership & it's TV deal So I guess he saved it by default then 1 Quote Link to comment Share on other sites More sharing options...
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