Sir Philip joins Speedway Futures

[Byker Biker]

1 hour ago, THE DEAN MACHINE said:

Question is who next ? I see Hugh Edwards is making a making a comeback, could he be the next high profile person to reveal his long time love of speedway, it’s hard to believe speedway is in the state it’s in with all these folk declaring they were secret speedway fans all along 

Wrong forum for him but if he did join this forum he could come on as Gareth Nutley or Arthur Rogers....

Edited yesterday at 06:58 PM by Byker Biker

[dontforgetthefueltapsbruv]

3 hours ago, THE DEAN MACHINE said:

Maybe but another self appointed character and that is what speedway futures is all about, get a deal of some company and keep the finders fee for themselves,yes that is business but speedway isn’t theirs to market, they haven’t paid for it, they have just took it and started a new company 

Playing devil's advocate

You could say that those that have been pumping money in to try to maintain top level, true professional level, speedway with supposed huge annual losses have paid for it, so it is theirs to market and they haven't just taken it......

[Sir Sidney]

4 hours ago, THE DEAN MACHINE said:

Maybe but another self appointed character and that is what speedway futures is all about, get a deal of some company and keep the finders fee for themselves,yes that is business but speedway isn’t theirs to market, they haven’t paid for it, they have just took it and started a new company 

In the original press release re Harry Redknapp it included that

 

'Speedway Futures Ltd was set up in 2024 and became the commercial and media rights holders of British Speedway, with the specific objective of attracting long term commercial investment to develop the sport in the UK.'

So the questions I would ask is how did it become the commercial and media rights holder? Did it pay for the rights and if so, how much did it pay? What is the deal between BSPL and Speedway Futures because , surely, all BSPL members must have had an input or vote on tge deal.

Of course, I don't expect to get sny answers but they can't have just started a new company and taken the rights 

[RoundTheBoards]

14 minutes ago, Sir Sidney said:

In the original press release re Harry Redknapp it included that

 

So the questions I would ask is how did it become the commercial and media rights holder? Did it pay for the rights and if so, how much did it pay? What is the deal between BSPL and Speedway Futures because , surely, all BSPL members must have had an input or vote on the deal.

Absolutely.   This is the question.

Surely there are 2 ways to do this deal.

1.   Speedway Futures pay a fee (say) £1m per year for commercial rights.  They then go out and sell a TV deal, named league sponsorship, etc for whatever they can.   If they get a £1.5m TV deal and a £500k league sponsor, they're quids in.  If they only get a £250k TV deal and £50K league sponsor, they stand the loss.

or 2.  They have a non-exclusive deal as a broker.  They pay nothing, and go out to find a TV deal and sponsor etc.  They then charge a 20% finders fee on anything they bring in.   (but this would be non-exclusive, so you, me, anyone, could do the same and collect a commission percentage).

They can't possibly pay nothing but still claim all the exclusive rights and have no comeback on themselves if they fail.   Only an idiot would grant that deal to them.

 

 

[Chris116]

4 minutes ago, RoundTheBoards said:

They can't possibly pay nothing but still claim all the exclusive rights and have no comeback on themselves if they fail.   Only an idiot would grant that deal to them.

 

 

You must remember that we are dealing with the BSPL when talking about deals.

[THE DEAN MACHINE]

38 minutes ago, Sir Sidney said:

In the original press release re Harry Redknapp it included that

 

'Speedway Futures Ltd was set up in 2024 and became the commercial and media rights holders of British Speedway, with the specific objective of attracting long term commercial investment to develop the sport in the UK.'

So the questions I would ask is how did it become the commercial and media rights holder? Did it pay for the rights and if so, how much did it pay? What is the deal between BSPL and Speedway Futures because , surely, all BSPL members must have had an input or vote on tge deal.

Of course, I don't expect to get sny answers but they can't have just started a new company and taken the rights 

And then factor in Redknapp and this Phillips guy who neither are short of a few quid, what’s in it for them ? Surely they wouldn’t hand over any of their money to invest in speedway futures ? A company at this point that doesn’t have any money and as of this moment doesn’t even have a product and only seems to exist in name and a few press releases, I did hear a flippant comment a couple of weeks back from someone in the sport who when speedway futures Ltd was mentioned they said hmmmm that’s another bone of contention, I did wonder what he was alluding too, I should of asked really 🤔

Edited 22 hours ago by THE DEAN MACHINE

[piston197]

13 hours ago, THE DEAN MACHINE said:

Question is who next ? I see Hugh Edwards is making a making a comeback, could he be the next high profile person to reveal his long time love of speedway, it’s hard to believe speedway is in the state it’s in with all these folk declaring they were secret speedway fans all along 

Could possibly get him interested in a junior league ?

[IainB]

In 2024, during the General Election campaign, Davies placed a bet of £8,000 against himself to lose his seat and subsequently became embroiled in the 2024 United Kingdom general election betting scandal

[THE DEAN MACHINE]

8 minutes ago, IainB said:

In 2024, during the General Election campaign, Davies placed a bet of £8,000 against himself to lose his seat and subsequently became embroiled in the 2024 United Kingdom general election betting scandal

He has the right credentials for speedway then 

[mikebv]

4 hours ago, piston197 said:

Could possibly get him interested in a junior league ?

Somebody suggested someone going around giving sweets out to kids during meetings..

He would be perfect ..

[WRDukes]

19 minutes ago, mikebv said:

Somebody suggested someone going around giving sweets out to kids during meetings..

He would be perfect ..

Former MP & Speedway fan Nick Brown could also help

[FAST GATER]

20 minutes ago, mikebv said:

giving sweets out to kids during meetings

The great Frank Varey used to throw the sweets to the kids  as he graded the track at Elle Port in the 70's wonderful servant to the sport ! 

[Littleze]

A big investment in what exactly?

A large injection of cash in Speedway terms… or major sports money. 
I would presume a large amount of that would go into social media/marketing.

I’m unsure how you market/sell the product.

If it was that fantastical, wouldn’t Louis be hanging around? 

[Littleze]

2 hours ago, IainB said:

In 2024, during the General Election campaign, Davies placed a bet of £8,000 against himself to lose his seat and subsequently became embroiled in the 2024 United Kingdom general election 

1 hour ago, THE DEAN MACHINE said:

He has the right credentials for speedway then 

Perfect guy then for the sport, if betting companies get involved in Speedway, I can envisage what comes next.

[arnieg]

2 hours ago, IainB said:

In 2024, during the General Election campaign, Davies placed a bet of £8,000 against himself to lose his seat and subsequently became embroiled in the 2024 United Kingdom general election betting scandal

A perfect fit to go with the tax cheat then!

[Sir Sidney]

13 hours ago, THE DEAN MACHINE said:

And then factor in Redknapp and this Phillips guy who neither are short of a few quid, what’s in it for them ? Surely they wouldn’t hand over any of their money to invest in speedway futures ? A company at this point that doesn’t have any money and as of this moment doesn’t even have a product and only seems to exist in name and a few press releases, I did hear a flippant comment a couple of weeks back from someone in the sport who when speedway futures Ltd was mentioned they said hmmmm that’s another bone of contention, I did wonder what he was alluding too, I should of asked really 🤔

Why would they hand over any money?

Redknapp was brought in because of his (alleged) contact list.

I don't know the other guy but it seems he has some relevant credentials.

I suspect both are on some kind of % deal for what they bring in either directly or indirectly. 

All it needs is for BSPL to be a bit more transparent to stop all the speculation - of course, we know they won't be, and so the speculation will continue 

[Youhave2minutes]

Santa has broke through to save the day.

[Youhave2minutes]

 

Now available on ebay

 

 

[TTT]

2 hours ago, IainB said:

In 2024, during the General Election campaign, Davies placed a bet of £8,000 against himself to lose his seat and subsequently became embroiled in the 2024 United Kingdom general election betting scandal

What's wrong with making a profit on your way out?

[Hamish McRaker]

Harry Redknapp. Philip Davies.

What do they have in common? Gambling!!

Maybe this is the real reason that Chris Louis resigned as a Director of Speedway Futures and has got out altogether?

Is this all a last, desperate throw of the dice, selling the whole thing to gambling companies?