Hawk127

Every club is run by custodians of the sport and along that journey some will fall by the wayside for one reason or another. It is key for the future of the sport that the custodians are fit, willing and able to carry the concept forward but in reality until it has a concrete business plan to see out the next five to ten years why would any one invest . It is up to the promoters, riders and current supporters to sell the sport, no one else is going to do it and without a coordinated approach it is on borrowed time.

The value of any club is questionable and depends who owns the track and stadia. To categorise what may be for sale, firstly you may have the assignment of the lease where a club rents the track but the landlord is unlikely to agree where the terms of which do not match the current lessee’s obligations. if you overcome the assignment issue then a sale in terms of assetS will be determined by a fair valuation of what is on the balance This will include the security deposit paid to the BSP, and a few other fixed assets and I suspect that rider contracts are not binding on transfer of the business ownership and the renewal thereof will be based on a number of factors. After the foregoing it is reality what is left in terms of fixed assets such as graders, air fence, track prep machinery and anything which one could consider as a fixed asset. Who really knows the value of a club/team/track but is a lot less that most sane people are willing to pay and notwithstanding the good will based partly on the supporters etc, no one would pay more than a £1.00. It is not a sound business proposition as it stands as the return on equity is nearly non existent. Maybe ideal for profitable corporations as an offsetting tax opportunity exercise but basically you would need to be as mad as Mar h hare to put money into a sport the way speedway is currently run

Mike for chairman has to be the mantra for the forum. Only one minor issue, the cost for the travelling supporter and if it was a north/ south league arrangement and the top teams coming together in a final then the regions would hopefully reap the benefits. Now is the time for the sport to reinvent itself and look to a five year plan to rebuild its place in the speedway world. Most will hope that no teams/tracks/clubs are lost to the sport in 2026 and if the same number of tracks can remain open, you have hope. Allow some to fall by the wayside and it is game over for the sport. Forget TV deals, let BSN show the meetings and in the winter they could do a deal that repeats the meetings at a discounted price. Make sure the young up and coming riders are encouraged and get back to bringing on new talent instead of dismissing their efforts because they cannot take on heat leaders etc. I have seen many newbies over the years who try hard and occasionally get one over a more experienced rider which breeds confidence. The sport needs them to survive so embrace them rather than dismissing the efforts of these youngsters. They are the future.

Just reading the local Ipswich Star and Louis is quoted as saying “the club is being sold” This could mean that someone is already in negotiations to buy the club otherwise you would probably say “and the club is to be sold or up for sale” Hopefully someone is already interested and this has been on the cards for a while and only because it is get near closing a deal the announcement has been made. I know it is anyone’s guess but fingers crossed the witches come to the tapes in 2026.

As an aside, I see Swaffham raceway is for sale at £1.6m so if someone has deep pockets you have a ready made arena and probably a better chance of gaining punters rather than Northampton albeit I guess Kings Lynn would not be happy but hey, it could be for the good of the sport so some sacrifices need to be made. No one really complained when you had several tracks operating in London at the same time. It says the current owners would consider leasing it.

Grasping at straws, are they saying farewell to Chris and Ritchie or to the club?

If anyone wants some lightness from the gloom and doom, tickets for the 2026 World Cup in Poland go on sale next Tuesday with prices starting from PLN 69.00. Tai has signed for Dackrana, Prague, Riga and Voyens GP tickets are also on sale. At least the entire world of speedway has not collapsed yet!!

The sport in the UK can no longer command the participation of the top riders in the world and I would rather see the sport reinvent itself and have a five to ten year plan to get back to its halcyon days of having riders who can really compete at GP level rather than see any more tracks fail. I If buying that time means bringing other disciplines into the equation before the sport shrinks into oblivion then that is what needs to happen. Meetings need to be events and the likes of short track could/would form part of the show. Stop being so superior, short track is and could be the saviour of speedway with another option to the two wheeled sport discipline that is speedway. Even speedway riders could compete which takes the pressure off the income potential from speedway. Kings Lynn appear to be leading the way next year and more tracks should get in on the act.

I suspect no one on here knows why the decision has been made but with a number of the staff at Ipswich stepping down clearly all is not well on a wider scale. Someone may well step in and take over the club but the Louis connection is a hard act to follow. The main hope is that the club and sport survives in Suffolk and I think that must be the hope for the sport as a whole. Speedway cannot afford to see tracks close and at whatever level the sport ends up racing a Foxhall, it is important that speedway continues. Fingers crossed.

Is that because he simply does not share your view about the sport and the wider view of those gullible fools who run other clubs and the sport. It is his money and investment and if he feels that the investment is a waste of time and to have put a lot of effort into building a sound business proposition and having tried to draw in news sponsors to the sport simply to be shafted by events beyond his control who is anyone on here to criticise when it’s not their money on the line. I really don’t get the view that if you don’t do what someone else wants then they are being selfish. As I have said, everyone is entitled to to opinion but the investment in the club is not yours or mine and if it is time to call it a day than who on here has the right to criticise that business decision and say it is wrong.

Just maybe he has had enough of the way the sport is run by amateurs and if you knew anything about the sport in Suffolk and was a local you might well have a different view but you are entitled to your opinion.

So sad given that the supporters and many others fought to save the club back in the 90’s. Whoever takes over, if it happens, will have lost that true Suffolk/Ipswich bond of Louis family at its heart with a club that has, on many occasions plied its trade with the local riders over the years and as such a speedway tradition may well be lost forever. Heartfelt thanks to Chris and his family for what they have done for speedway in Suffolk and beyond and hopefully his experience is not lost entirely to the sport. Now all that is needed is to find sufficient local folk with the wherewithal to take over the club to keep the sport alive at whatever level in Ipswich so that the proud tradition of speedway at Foxhall continues.

For the vulnerable/gullible on here is he still riding? I’m sure I heard he was now plying his trade Bahia Blanca.