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1 valve

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1 valve last won the day on April 5

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    (sporting interest)Motor Bikes. golf. football
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  1. ACU licenses can be withdrawn & the FIM. Would support such actions. small “ankle biter” riders and events are not of a concern. Different matter if clubs want to promote & riders want compete in significant alternative league and solo events in opposition to BSPL organisations.
  2. Yes indeed, and none of the riders who ride for those teams will be able to ride speedway, grass track & long track on any other tracks anywhere in the world. Not sure the Aussies, Danes, Poles etc would like that ever mind Brits who ride abroad in speedway and similar.
  3. And what punishment will be heaped on the said accountable’s and by whom?
  4. The Leicester promotion does not own the stadium. It is owned by a company with one director, David Helmsley who was the original promoter when speedway returned to the City. I believe the current promoting company has a long term lease agreement for use of the facility.
  5. Yes, for £1.00 he purchased the clubs name and £1.5 million of trade debt & banking liabilities. The purchase did not include the freehold of Stamford bridge itself which the then majority owners (a development company) wanted to develop. To his credit, Bates took on the developers, obtained the full leasehold and saw the developers go bankrupt. When he sold the club for £170million he made £17million profit. Today Chelsea FC have debts of circa £1.2 billion having had the benefit of former owner Roman Abramovich writing off £1.5 billion personal loans to the club.
  6. Err don’t the riders use the same bikes, vans & mechanics for both Prem & Championship meetings? Im really talking cost v benefit. Championship clubs feature significantly less top stars than the Prem but by comparison do not reduce their prices accordingly.
  7. I don’t think so. That means 25 years of trading to get the original cost of purchase back. If a business is being sold as a going concern the rule of thumb is to establish a suitable multiple of the companies EBITA. The majority of deals fall somewhere between a paltry four whilst x ten is possible for a company owning decent IP and growth prospects covered by a believable plan. If it’s an asset sale the buyer gets everything but the accounts, customer list & purchase records of the company.
  8. You are correct, but only until the rider makes that choice which for next year all three have done so. The outcome therefore is the same as per my post.
  9. They cant just "join" as there will be insufficient riders to make up a team...Take Leicester's 2025 team as an example. Fricke, Douglas & Becker, gone from the UK if one league comes along as Poland has first claim. Howarth, Masters, Kemp & J Thompson ride for existing clubs. A similar scenario exists at the other remaining 2025 Prem clubs Remember doubling up disappears in "one big league" and the only source of new riders is at the bottom of the capability chart - NDL riders - some of whom cannot get anywhere near place in a current championship club.
  10. How does 9 teams running in 2026 make it larger than the 9 team league in 2025? I guess you could build teams of 3 or 4 established riders plus 3 or 4 NDL riders and then presuming the ensuing watering down of team strengths is evenly spread across all teams then mathematically there could be eleven teams.
  11. The directors (or the top table as you refer) are five (now four) folk out of a collective of fourteen people (one club one person) who run the sport. However, rather than blaming the five/four you should look more closely at the majority of the members and their unwillingness to bend and work together to support the directors as to where the shenanigans are created. Speedway promoters as a majority - there are is a small number of exceptions. share common characteristics. 1. They can't promote the sport successfully at the local level to make their business profitable. 2. They steadfastly think of themselves first and endorse nothing that could potentially mean change for them. 4. They refuse to let go of the controlling strings to an independent commissioner. 5. They all think they can run the sport better than each other. 6. They actually shouldn't be promoters at all - Its a hobby to some and an ego satisfier to others. And this has been the situation for many years.
  12. You have it the wrong way around. The directors decide and the members rubber stamp or not as the case maybe in which case it goes to a vote of the members. Notwithstanding, as of 18th November CL is no longer a director.
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