Tsunami Posted January 18, 2013 Report Share Posted January 18, 2013 So Newport closing, Oxford not paying their rent, riders not getting paid, promoters entering the sport for a season or two and then leaving without a pot to p1ss in - this is all part of British speedway's elaborate plan to fake losses? Quite agree but it's what you expect from the likes of Moxey, oldace, etc, who won't waste an opportunity to knock a sport that both won't ever attend. Sad old gits. 3 Quote Link to comment Share on other sites More sharing options...
moxey63 Posted January 18, 2013 Report Share Posted January 18, 2013 So Newport closing, Oxford not paying their rent, riders not getting paid, promoters entering the sport for a season or two and then leaving without a pot to p1ss in - this is all part of British speedway's elaborate plan to fake losses? What surprises me more... are the people who fall for promoters' sob stories. Being honest, the few tacks that have closed are chicken feed compared to the reality of the situation - most are still running. I mean, look at the teams willing to take another hit and arrive at tapes for another record-breaking season of huge losses this coming March. Quote Link to comment Share on other sites More sharing options...
MattK Posted January 18, 2013 Report Share Posted January 18, 2013 What surprises me more... are the people who fall for promoters' sob stories. Being honest, the few tacks that have closed are chicken feed compared to the reality of the situation - most are still running. I mean, look at the teams willing to take another hit and arrive at tapes for another record-breaking season of huge losses this coming March. OK. We'll have to agree to disagree. I'll take promoters and their sob stories at face value and you can take them as the biggest conspiracy since the JFK's assassination. Quote Link to comment Share on other sites More sharing options...
jimmy jimmy Posted January 18, 2013 Report Share Posted January 18, 2013 (edited) What surprises me more... are the people who fall for promoters' sob stories. Being honest, the few tacks that have closed are chicken feed compared to the reality of the situation - most are still running. I mean, look at the teams willing to take another hit and arrive at tapes for another record-breaking season of huge losses this coming March. And here we go again, the man who will happily dance on the grave of British Speedway, whilst wearing his memorabilia like a crazed villain from Silence of the Lambs. Moxey you are priceless, I bet you are a FC United of Manchester fan convinced that the Glasers are the antichrist! Edited January 18, 2013 by jimmy jimmy 1 Quote Link to comment Share on other sites More sharing options...
BluPanther Posted January 18, 2013 Report Share Posted January 18, 2013 Watching meetings at Belle Vue and Lakeside on tv, im suprised they can pay their electric bill... Quote Link to comment Share on other sites More sharing options...
dontforgetthefueltapsbruv Posted January 19, 2013 Report Share Posted January 19, 2013 I am in no way saying that all in the garden is rosy - only a fool would claim that - but to play devils advocate to Moxeys position it is possible for the company to show a loss and the owners to still be making money. Directors salaries/dividends etc would reduce the bottom line. That said I personally doubt any promoter - even Mr Ford- is growing fat from his speedway right now. Quote Link to comment Share on other sites More sharing options...
Tsunami Posted January 19, 2013 Report Share Posted January 19, 2013 I am in no way saying that all in the garden is rosy - only a fool would claim that - but to play devils advocate to Moxeys position it is possible for the company to show a loss and the owners to still be making money. Directors salaries/dividends etc would reduce the bottom line. That said I personally doubt any promoter - even Mr Ford- is growing fat from his speedway right now. No one is at the moment, especially after the rainoffs last year. I think everyone can understand that, except the usual suspects with their own knocking agenda. Last year was bad for most companies, except wellies manufacturers, but when a business is affected by weather conditions then that is another recipe for further losses. Some speedways are owned by promoters that have another businesses that can make a profit, and sometimes it has to offset the speedway losses. Nobody is getting rich except for that odd one. 4 Quote Link to comment Share on other sites More sharing options...
jimmy jimmy Posted January 19, 2013 Report Share Posted January 19, 2013 Very few professional sports clubs regularly make money. Poole have in the recent past, but with all the rain offs and loss of sponsors, they may have to cut back in the future unless they can secure replacement sponsorship this season. It's a fact of life and in the current economic situation many clubs will face an uphill battle to keep/find sponsors. If sky pullout of EL sponsorship at the end of the season, then the whole face of British speedway will change, and we may not see the Holders or Wards on the UK as clubs won't be able to afford them, and the entire sport will go back to a PL standard. It probably will survive, but would have to rebuild itself. 1 Quote Link to comment Share on other sites More sharing options...
New Science Posted January 19, 2013 Report Share Posted January 19, 2013 (edited) Spot on The Elite League is a smokescreen for clubs to report losses but in reality making healthy profits. The sport is in rude health,what have we all been worrying about ! roll on next season Joking aside ! Poole have had 3 successful seasons in a row in the league,top end of the table regular season and play off finalists 3 years in a row.It would be interesting to know how the finances compare at Poole for those 3 years of similar success.Another topic on this forum debates the start of the decline of the sport,it would be interesting to see the finances at Poole to see if there has been a significant decline in revenue since 2010.Guess we will never know but a comparison of 2010,2011 and 2012 would be interesting ! Edited January 19, 2013 by New Science Quote Link to comment Share on other sites More sharing options...
The White Knight Posted January 19, 2013 Report Share Posted January 19, 2013 I am in no way saying that all in the garden is rosy - only a fool would claim that - but to play devils advocate to Moxeys position it is possible for the company to show a loss and the owners to still be making money. Directors salaries/dividends etc would reduce the bottom line. That said I personally doubt any promoter - even Mr Ford- is growing fat from his speedway right now. The most telling sentence in the whole Thread. :sad: It will get worse next Season as the further 80% of Government 'Cuts' that are still to hit us take effect. :sad: 1 Quote Link to comment Share on other sites More sharing options...
SCB Posted January 19, 2013 Report Share Posted January 19, 2013 We'll never know about speedway, it's a closed shop.But generally in UK football, the clubs making the most profit are NOT the biggest clubs. The bigger clubs tend to be run by egomaniacs who want to win and will do so at whatever cost. But it's all relative, someone taking home £400 a week will spend £30 going to speedway and then £30 down the pub. Thats £60 of their £400 they'll get no return on. So a person taking home £4,000 a month may thing nothing of losing £1,500 a month to have a go at playing speedway promoters. Im sure there are clubs out there happily ticking over, giving the promoters a reasonably living (if not great). Maybe Matt was happy enough losing a few £££ in 2012 because he's made a relative killing over the previous 10 years. Quote Link to comment Share on other sites More sharing options...
builderbob Posted January 20, 2013 Report Share Posted January 20, 2013 if poole made a loss in 2012 then someone is charging far too much for what they are supplying, either landlords, council,utillity supplies, bspa or riders or matts deep pockets Quote Link to comment Share on other sites More sharing options...
Red Panda Posted January 20, 2013 Report Share Posted January 20, 2013 if poole made a loss in 2012 then someone is charging far too much for what they are supplying, either landlords, council,utillity supplies, bspa or riders or matts deep pockets Not necessarily..............in the current economic climate no business is safe.............it does not matter who the is promoter and if you read into the info deeper it states they lost some sponsorship which would have contributed to business income then they are not going to make a profit...........sadly we are going to see a decline in sponsorship for teams and riders as businesses struggle to survive................. Also people like myself have to pick and choose which matches we go to because of costs......... RP 1 Quote Link to comment Share on other sites More sharing options...
Wayne 1971 Posted January 20, 2013 Report Share Posted January 20, 2013 Poole speedway may not have made any money this year but don't worry peeps Matt Ford's brilliant life style has not changed for the worse !!! lol Thats if you can catch him in this country for hes always in his villa in Spain !!! And poor Matt he couldn't afford a brand new car last year as money was tight !!! Not bad for some one who has made every single penny he has out of poole speedway !! Not knocking the guy but he seems to feel he is the only one in this country struggling ?? Even his fish and chip shop (sorry gourmey grill) was bought for out of poole speedway money!! Various sponsors hand over hundred of thousands of pounds each aswell to Mr Ford!! That does not include the main sponsor !!! Maybe if Mr Ford didn't take them for granted each year he may not have lost some for this season!! And YES I am a Poole Fan... It just annoys me when so many other Pirates fans arse lick him so much!!! ITS YOUR money hes living off!!!!!!!!! Quote Link to comment Share on other sites More sharing options...
Humphrey Appleby Posted January 20, 2013 Report Share Posted January 20, 2013 Various sponsors hand over hundred of thousands of pounds each aswell to Mr Ford!! That does not include the main sponsor !!! Maybe if Mr Ford didn't take them for granted each year he may not have lost some for this season!! And YES I am a Poole Fan... It just annoys me when so many other Pirates fans arse lick him so much!!! ITS YOUR money hes living off!!!!!!!!! And why should he not? Everyone makes a living off someone else's money, so if Matt Ford puts time and effort into Poole speedway and is successful, then why should he not reap the rewards? Speedway is a risky business as well, with more destitute former promoters than successful ones. 1 Quote Link to comment Share on other sites More sharing options...
Tsunami Posted January 20, 2013 Report Share Posted January 20, 2013 Poole speedway may not have made any money this year but don't worry peeps Matt Ford's brilliant life style has not changed for the worse !!! lol Thats if you can catch him in this country for hes always in his villa in Spain !!! And poor Matt he couldn't afford a brand new car last year as money was tight !!! Not bad for some one who has made every single penny he has out of poole speedway !! Not knocking the guy but he seems to feel he is the only one in this country struggling ?? Even his fish and chip shop (sorry gourmey grill) was bought for out of poole speedway money!! Various sponsors hand over hundred of thousands of pounds each aswell to Mr Ford!! That does not include the main sponsor !!! Maybe if Mr Ford didn't take them for granted each year he may not have lost some for this season!! And YES I am a Poole Fan... It just annoys me when so many other Pirates fans arse lick him so much!!! ITS YOUR money hes living off!!!!!!!!! But you are not knocking Matt Ford. FFS. 1 Quote Link to comment Share on other sites More sharing options...
SteveLyric2 Posted January 20, 2013 Report Share Posted January 20, 2013 Poole speedway may not have made any money this year but don't worry peeps Matt Ford's brilliant life style has not changed for the worse !!! lol Thats if you can catch him in this country for hes always in his villa in Spain !!! And poor Matt he couldn't afford a brand new car last year as money was tight !!! Not bad for some one who has made every single penny he has out of poole speedway !! Not knocking the guy but he seems to feel he is the only one in this country struggling ?? Even his fish and chip shop (sorry gourmey grill) was bought for out of poole speedway money!! Various sponsors hand over hundred of thousands of pounds each aswell to Mr Ford!! That does not include the main sponsor !!! Maybe if Mr Ford didn't take them for granted each year he may not have lost some for this season!! And YES I am a Poole Fan... It just annoys me when so many other Pirates fans arse lick him so much!!! ITS YOUR money hes living off!!!!!!!!! Your surname isn't King, is it??! Only asking.......? 1 Quote Link to comment Share on other sites More sharing options...
New Science Posted January 20, 2013 Report Share Posted January 20, 2013 Poole speedway may not have made any money this year but don't worry peeps Matt Ford's brilliant life style has not changed for the worse !!! lol Thats if you can catch him in this country for hes always in his villa in Spain !!! And poor Matt he couldn't afford a brand new car last year as money was tight !!! Not bad for some one who has made every single penny he has out of poole speedway !! Not knocking the guy but he seems to feel he is the only one in this country struggling ?? Even his fish and chip shop (sorry gourmey grill) was bought for out of poole speedway money!! Various sponsors hand over hundred of thousands of pounds each aswell to Mr Ford!! That does not include the main sponsor !!! Maybe if Mr Ford didn't take them for granted each year he may not have lost some for this season!! And YES I am a Poole Fan... It just annoys me when so many other Pirates fans arse lick him so much!!! ITS YOUR money hes living off!!!!!!!!! You could do a lot worse than having Matt Ford as your promoter,the guy gives the club stability and puts his hand in his pocket to give you a competitive team and signs the worlds best riders year after year.So if the guy makes a few bob out of it so what,if your successful you deserve it,Matt speculates to accumulate ! Matt Ford and Poole are successful,as a fan what more do you want ! 4 Quote Link to comment Share on other sites More sharing options...
noaksey Posted January 21, 2013 Report Share Posted January 21, 2013 Is Poole a limited company? Surely the only things worth knowing here are what the actual loss is and how much has been taken as either salary or dividend by the owner? Quote Link to comment Share on other sites More sharing options...
TesarRacing Posted January 21, 2013 Report Share Posted January 21, 2013 Joking aside ! Poole have had 3 successful seasons in a row in the league,top end of the table regular season and play off finalists 3 years in a row.It would be interesting to know how the finances compare at Poole for those 3 years of similar success.Another topic on this forum debates the start of the decline of the sport,it would be interesting to see the finances at Poole to see if there has been a significant decline in revenue since 2010.Guess we will never know but a comparison of 2010,2011 and 2012 would be interesting ! I have sent you a PM New Science Is Poole a limited company? Yes. Quote Link to comment Share on other sites More sharing options...
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