IainB Posted 4 hours ago Report Share Posted 4 hours ago 3 minutes ago, Steve Irving said: And he hasn’t done that has he Iain? You haven’t got the first clue what is going on so pipe down. It’s not your money or business at stake here. If Louis feels what is currently on the table isn’t something he wants any part with, he’s perfectly entitled to make that decision. His money, his business. I didn't say he had, I said that's what you don't do as a business owner... not if you want to realise it's full value. All we know at the moment is that he's "stepped down" from the club, whatever that means? He's perfectly entitled to put his business up for sale, continue running or close it down, that's his decision. But it's not just a business is it, it's a sporting club with a long and rich tradition that many people have a strong emotional attachment to and they've not really had a mention. ... So stick that in your "pipe" and smoke it 2 Quote Link to comment Share on other sites More sharing options...
FAST GATER Posted 4 hours ago Report Share Posted 4 hours ago I personally have nothing but respect for CL he has been a wonderful servant to s/way as a rider and promoter ,I am certain in real terms owners /promoters in s/way do it for the love of the sport . I tried in the 70's to persuade my father to buy a speedway team (he was a massive fan of the sport) his reply was it is thankless and profitless passtime at best. Chris L has made a huge decision I would image it is one of the hardest things he's had to do in his entire s/way career . 2 Quote Link to comment Share on other sites More sharing options...
ouch Posted 4 hours ago Report Share Posted 4 hours ago 21 hours ago, Racin Jason 72 said: The late John Perrin was threatening to pull the plug most seasons No, he just moaned about the state of speedway as we have been doing on here since then. He could see where things were going and his demand for a neutral overlord repeatedly fell on deaf ears as the jolly few won their trophies. He was willing to move on if he received acceptable offers but kept the club running for local fans and British Speedway as a whole until Tony Mole took over. I don’t believe this is Chris’ stance as he is looking to wash his hands of his “beloved” witches & fans. Christ, if Belle Vue put the club up for sale every time things went against us, we would be permanently no the market. Quote Link to comment Share on other sites More sharing options...
stevehone Posted 4 hours ago Report Share Posted 4 hours ago Buster was looking at buying the club a couple of years ago to keep the league going .. problem is, if it's someone new coming in they don't get any say in what happens at the BSPL 1 Quote Link to comment Share on other sites More sharing options...
cowboy cookie returns? Posted 4 hours ago Report Share Posted 4 hours ago 8 minutes ago, stevehone said: Buster was looking at buying the club a couple of years ago to keep the league going .. problem is, if it's someone new coming in they don't get any say in what happens at the BSPL If Nicholls buys it he won’t do it unless he gets a say at the top table. The BSPA are not really in a position to refuse if Nicholls puts a offer in. Quote Link to comment Share on other sites More sharing options...
TigerIain Posted 3 hours ago Report Share Posted 3 hours ago 1 hour ago, Steve Irving said: And he hasn’t done that has he Iain? You haven’t got the first clue what is going on so pipe down. It’s not your money or business at stake here. If Louis feels what is currently on the table isn’t something he wants any part with, he’s perfectly entitled to make that decision. His money, his business. Really??? Its basic business economics! If you are buying an ongoing business you would pay market value for it. If the buyer knows that the seller is not going to continue the business beyond a certain date then the closer it gets to that date the less a buyer would offer for the club because they no that there is no value to the seller after that date. In this case there will be a date by which Ipswich speedway (whoever owns it) will have to declare whether or not they are running in 2026. If Louis hasn't sold and follows through and says I'm not running in 2026 the club begins almost worthless as any buyer could not operate the business until at least 2027. 1 Quote Link to comment Share on other sites More sharing options...
BluPanther Posted 3 hours ago Report Share Posted 3 hours ago I just love all these business experts popping up on here, and giving 'advice' on something they have absolutely no clue about. Hilarious...😂 1 Quote Link to comment Share on other sites More sharing options...
dontforgetthefueltapsbruv Posted 2 hours ago Report Share Posted 2 hours ago 2 hours ago, TigerIain said: The uncertainty over Ipswich running may have left all the other clubs in limbo though. Fans don't know yet if it will be 1 division or 2, and if it's 1 surely that was relying on Ipswich running. Just because Chris Louis says he will work hard to find a buyer doesn't mean that he will find one, or find one quickly. Where does that leave the new Ipswich owner in terms of team building for next season? Would a rider take a chance on signing for a club that might not run or might not want them on their old promoters contract? Does the new owner just get left with the riders that didn't fit elsewhere? It's too early to know the answers to these questions, and it's Chris' money and business to do what he likes with but it has created more uncertainty in a winter that's not been lacking in that at all. Has he just undone all the work that was done to get to the slightly cryptic potentially good news from Rob Godfrey last week? Again time will tell, but at the moment it looks like Chris Louis has thrown a spanner in the works hence the negative reaction to his announcement So Chris is criticised for doing what is best for him as the result of the decisions made by the others that are doing that as it is best for them (no one moving up, blocking entry requests, rejecting one big league etc) All those others have been praised (in the main) for sticking to their guns...... Quote Link to comment Share on other sites More sharing options...
Phannan Posted 1 hour ago Report Share Posted 1 hour ago 15 hours ago, ShanoXtra said: He considers Fram as his home town though and not Halifax. You can’t change your birthplace mate . I used to live in North Yorkshire but I’m definitely not posh 😁 1 Quote Link to comment Share on other sites More sharing options...
SteveLyric2 Posted 1 hour ago Report Share Posted 1 hour ago Someone on here suggested CL owned 75% of the club?! Who owns the other 25%? Quote Link to comment Share on other sites More sharing options...
RoundTheBoards Posted 28 minutes ago Report Share Posted 28 minutes ago 36 minutes ago, SteveLyric2 said: Someone on here suggested CL owned 75% of the club?! Who owns the other 25%? Chris Louis owns Ipswich Speedway Promotions Ltd. He's the sole shareholder Quote Link to comment Share on other sites More sharing options...
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