GeneralMelchett Posted 1 hour ago Report Share Posted 1 hour ago 12 hours ago, mikebv said: I'll start.... I see your £15k and raise it by twenty pounds... Could be a long thread this... I seem to remember the bond has changed down the years with the last I heard it being £50k.. However, I also seem to remember it changing into assets also being part of the bond, rather than just cash, hence new promoters in particular were encouraged to make riders into their assets.. (Which also often meant more, unattached in the UK, overseas journeymen coming over who became as asset. Great for UK rider development!!).. Obviously, there are no assets anymore, so if a track closes the BSP no longer inherits the riders and are, therefore, no longer able to either loan or sell them to other teams to help pay the debts of the closed track.. I can't believe the bond is £50k though anymore to be honest, given so few people seem interested in coming into the sport to promote... £15,025, my final bid... Me too! I heard it was 50k I had a discussion with someone at Arena a few years ago who said it was that but that relates to the Stuart Douglas / Jon Cook era Quote Link to comment Share on other sites More sharing options...
Neila Posted 1 hour ago Report Share Posted 1 hour ago Maybe the lack of riders being an asset is the big sticking point 🤔 as now all can be sold is a licence to run speedway at a track, if you have permission of the stadium owner, then a bigger bond maybe required as if the venture flops, them at the top table can't take the assets (riders) as they are now totally self employed hiring themselves out from march to October. Looks to be a total shambles IMO Quote Link to comment Share on other sites More sharing options...
Hackett Posted 1 hour ago Report Share Posted 1 hour ago 13 hours ago, Tapewrecker said: Personally I think we are being led up the garden path. If Phil Morris is involved , it has probably been over watered. 1 Quote Link to comment Share on other sites More sharing options...
THE DEAN MACHINE Posted 1 hour ago Report Share Posted 1 hour ago 15 minutes ago, Hackett said: If Phil Morris is involved , it has probably been over watered. Who is actually paying Phil morris ? He isn’t on the bspl board as he not a promoter and he not listed as a director on speedway futures Ltd, so who exactly is he working for ? Quote Link to comment Share on other sites More sharing options...
norbold Posted 40 minutes ago Report Share Posted 40 minutes ago 30 minutes ago, THE DEAN MACHINE said: Who is actually paying Phil morris ? He isn’t on the bspl board as he not a promoter and he not listed as a director on speedway futures Ltd, so who exactly is he working for ? I think he's sponsored by Thames Water. Quote Link to comment Share on other sites More sharing options...
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