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Coventry Stadium Sold


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They have another two years on the lease, but his plans were long term. He clearly doesn't want to invest any more money in it when they are going to get booted out ..Can't blame him.

With well-known pro-gambler Harry Findlay as a figurehead, Coventry's latest greyhound incarnation has been all about stomaching financial losses for a few years in the hope of their central geographical location helping them secure the Greyhound Derby (if Wimbledon was to close) or being the flagship-track of a truly nationwide jackpot-bet for greyhound racing along the lines of horse racing's Scoop-6 based mostly on Channel-4's coverage every Saturday-afternoon (Findlay is widely-respected as the king of any syndicates devoting huge energy and time to make a profit from massive Scoop-6 entries covering thousands of permutations compared to the average punter risking just a few quid).

 

While either that Derby or Jackpot ambition was still clearly on the horizon as the way to recover these current losses, they could justify the losses ... but they've clearly (and very swiftly) decided that if they can't guarantee staging those ambitions even if they won either or both of them, it's not worth chucking the current losses into what's now a financial drain instead of a rainbow.

 

Best chance of finding out any more about this very sudden exit might to watch tonight's Racing Post Greyhound TV from 7.15pm on Sky/212 or Freesat/401 because Coventry was one of their featured tracks (on Wednesday & Sunday nights) for well over a year until last summer ... however, it was dropped from the RPGTV roster amid speculation that the various bookie-firms who sponsor that channel weren't happy about their profits being damaged by the larger than normal amount of winning favourites in the races shown from Coventry.

 

It's surely a different financial situation for Mick Horton (and Coventry speedway in general) as he's not had a similarly lucrative financial horizon to aim at ... what's mattered more for the Bees is just keeping the finances ticking over.

 

So while the stadium still exists and the Bees' lease to rent it srill exists, the speedway should be able to start its season as planned in a few weeks' time ... remember, the dogs haven't been chucked out of the stadium, it's their bosses who've voluntarily baled out of their lease to swerve more current losses they now feel they have no reasonable hope of recovering.

 

But where today's decision appears to me to be dreadful for speedway is that the greyhounds have been using the stadium much more often (at least twice, often three or more times a week all year round) so their exit leaves the site much less busy and, therefore, much easier for any developers to justify the stadium's demolition if they apply to the local council to do that.

 

At least the current saga involving Galliard Homes and Oxford City Council appears to have proved that stadium owners need local council permission to demolish existing stadium buildings, never mind building any alternative uses ... so at least the bulldozers can't be driven straight in.

 

But with Birmingham surely unable with their once-a-week local noise restrictions to accommodate to much (if any) of any emergency hosting of Coventry home meetings and Monmore already doubly-committed to the Wolves and Heathens, would Leicester be the most likely saviour of any Bees' home action if Brandon closes completely mid-season ?

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I remember during the troubles with BSPA and the saga with Poole Mr Sandhu addressed supporters in the infer stand bar and agreed that the stadium was up for sale and that if it sold he would undertake to build a new speedway track for the Bees in this area. We will have to wait with fingers crossed!.

 

Yeah... and I was assured i'd be the first signing!

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It's going to happen sooner or later and the stadium would get into a state of serious repair and tlc. However with the heart ruling the head Brandon is the home of the Bees and I really hope we stick it out as long as we can. I hope Mr Sandhu has put things in place to protect speedway as he said he would.

 

Is he a man of his word and be remembered as the owner who gave us great teams in 2005, 2007 and 2010 to name a few or will he be remembered as the man who sold us down the river? I have my idea. I still can't see it being easy to get housing on a big scale on that land but what do I know. Fingers crossed for a positive statement from Sandhu or do we start the new season with yet again speedway taking a back seat.

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No, all hail Matt Ford who drove Sandhu out of the sport and as many said at the time could well have caused the demise of one of the sports biggest clubs.

 

Oh rubbish Bwitcher, how the hell did Matt Ford drive Sandhu out of the sport? Surely, Sandhu is big enough and ugly enough to know his own mind.

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could I ask a question? Would it be difficult to get planning permission while speedway and stocks are still running at the site?? I ask because a few years back some people bought a local pub in a small village, they wanted to knock it down and build houses on the land. If I remember correctly they were not allowed to do it straight away, they had to close the pub for a few years, then seek planning for houses, it was something to do with change of use on the land? Would this not also apply to Brandon?

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It might help, it may not, to know that developers own most of the land surrounding urban conurbations. The whole green stuff surrounding Sutton coldfield, farmed by farmers for centuries have been owned by developers and speculators since brick built houses were invented. The land is leased off until eventually planning concent is given. It could go one of two ways, Oxford or be permanently leased like lots of other land.

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He formulated some rules to shaft Cove...............oh why bother, you really haven't a clue.

And by the sounds of it, neither have you..

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All hail the great Mr Sandhu :rolleyes:

 

The strange thing reading the statement is that is says Sandhu has done ALL he can to support the dogs. If he owns the stadium surely if he done ALL he can that would not mean giving no guarantees of a future lease.

 

Does it not mean he has done as much as he is prepared to do without it getting in the way of developing the stadium for huge profit

 

Subtle difference in those two statements

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