John Leslie

Ping pong?

Maybe you should phone your stockbroker and ask?

dear me......

Bless him... He thinks Island Speedway (IOW) Ltd has been floated on the London Stock Exchange!

Bjerre/Fisher

Ward & Jonasson must be up there

We know that....I pointed your cock-up out above. The question is, why didn't you spot that you'd made this cock-up when you set your poll up?

So sponsorship from Vauxhall will solve everything?

Yet Latvia and the USA seemingly did! (albeit with the help of double-agent Muddlo).

Question 1. What's interesting about it? Since "the rest" are a whopping 35%, why isn't this figure broken down? Why single out Sweden's comparatively small 15% when more than twice this number are "the rest"? My own experience of women seems to concur that only 20% are ladies. So 153% of people responded?? I can understand your question on which league people are following having a higher than 100% total, as people follow more than one league......But how on earth do you get to 153% when you ask them to chose which offers the best racing. I think your maths may be a little dodgy. Again pointless as it adds up to 246%.

Yes, you are....so go back to sleep eh?

It's not upside down, but it could do with an ironing.

Do we know whether this will be a Sky announcement or a BSPA announcement? Will it be just about the Sky TV deal, or will it be an announcement of the full package including new League sponsor?

What a hideous picture. 'Thumbs Up Friend'

Bad choice. Phil Morris was clearly the outstanding candidate. On the bright side we're rid of Muddlo at last.

Actually £14.17 goes to the promoter . The rest goes to the chancellor in VAT If it was £10, it would be just £8.33 to the promoter

Who actually owns the stadium? Would they be willing to give a new lease to a newco if the existing one went into receivership?

I'm only working from very limited Companies House information from 28/2/13. I'm not a shareholder so I've no access to any fuller info. (In fact my only involvement with IOW is that I've been there as a spectator the odd time, think the place is great, and wouldn't like to see it close). The abbreviated balance sheet at 28/2/13 shows current liabilities of £129,252 and long term liabilities of £18,546. Any loans would be included in these figures. I would expect a full copy of the accounts, which shareholders would see, to have notes which give some kind of breakdown of these figures. From here I'm only guessing, but I would imagine that the company couldn't continue to trade if these creditors suddenly demanded to be paid their £148k, so I'd guess that a significant proportion of the £148k is owed to someone who isn't looking to be paid anytime soon (if at all) - This leads me to the conclusion that a generous benefactor is supporting the company with a loan. Like I say though. I have no inside information, so I'm only interpreting the limited Cos. House info as I see it.

Not necessarily. The company is bust if it cannot meet its liabilities as they fall due. Within the company's liabilities of £148k there may well be a loan from a generous benefactor which he has no intention of calling in at the moment. (others have talked of someone pumping in over £100k). It's only like Manchester City. They would be bust if it wasn't for the rich Shiek's pumping in hundreds of millions. The only difference is that the Sheik has turned his loans into shares so their balance sheet doesn't become massively insolvent.

I've had a look at the filed accounts of Island Speedway (IOW) Ltd at Companies House. Obviously it's only a small company, just running speedway, and therefore doesn't require an audit and only needs to file basic abbreviated accounts, so there isn't much information available (i.e. just a balance sheet, no P&L account). The last accounts filed were to 28/2/13 (so they cover the 2012 season). These show that the company has assets of £19,230 and was insolvent to the tune of £113,861 at that date. As I say, there is no P&L account available to the public, but deducting one balance sheet from the previous would suggest IOW Speedway made a loss of £29,703 in the year to 28/2/13 (£3,754 loss in the previous year, £3,076 in the year before). So the modest losses up to the 2011 season seemed sustainable, but what happened in 2012 to cause a £30k loss? Has there been a similar loss in 2013? Was there a big rent increase? or some other big expense incurred?

North based South?

Just somebody making up nonsense, presumably in a trolling attempt to get Sky to come out and deny it. But it doesn't work like that. The Sky forum people aren't going to be drawn into saying anything until Sky & BSPA are ready to announce the deal.

Already been discussed a couple of times. Think this was the last one http://www.speedway-forum.co.uk/forums/index.php?showtopic=75401

As this is the racing equipment for sale section, I assume you're selling the 1954 bike then? If not it seems you are just hijacking Stokes Racing's thread to post pointless drivel.

Didn't you know? They're always willing to stump up a few million quid for a 5-year contract with things they're disillusioned and can't be arsed with....might ask them for a few quid myself