wilsonpaul198 Posted July 2, 2014 Report Share Posted July 2, 2014 How do we make speedway financially accountable and transparent???? Tooooooo much secrecy!! We must secure a solid,secure,structured speedway for all.People must be accountable as to how they run and finance OUR sport. How do we begin to get answers??????????????? Quote Link to comment Share on other sites More sharing options...
Deano Posted July 2, 2014 Report Share Posted July 2, 2014 A starter for ten. Perhaps if attendance figures were released a promotion could only build a team with that income in mind averaged over a season? Quote Link to comment Share on other sites More sharing options...
The White Knight Posted July 2, 2014 Report Share Posted July 2, 2014 A starter for ten. Perhaps if attendance figures were released a promotion could only build a team with that income in mind averaged over a season? An extremely sensible suggestion that. Something like Financial Fair Play in Football - but - done properly. Quote Link to comment Share on other sites More sharing options...
TonyE Posted July 2, 2014 Report Share Posted July 2, 2014 How do we make speedway financially accountable and transparent???? Tooooooo much secrecy!! We must secure a solid,secure,structured speedway for all.People must be accountable as to how they run and finance OUR sport. How do we begin to get answers??????????????? That is the problem - it is NOT our sport. All we have at risk is our entrance money. The owners (promoters) are the ones fronting up the big monies (don't they have to lodge bonds to guarantee a certain sum at the outset) and meeting the considerable expenses of staging meetings etc. Sensible promoters set themselves a budget (with contingency) and then attempt to operate within said figure. Wealthy promoters are able to indulge themselves by treating speedway as a sideline with 'profit' not the prime consideration. Businesses, in general, will only publish that which they have to by law. 4 Quote Link to comment Share on other sites More sharing options...
Shale Searcher Posted July 3, 2014 Report Share Posted July 3, 2014 (edited) That is the problem - it is NOT our sport. All we have at risk is our entrance money. The owners (promoters) are the ones fronting up the big monies (don't they have to lodge bonds to guarantee a certain sum at the outset) and meeting the considerable expenses of staging meetings etc. Sensible promoters set themselves a budget (with contingency) and then attempt to operate within said figure. Wealthy promoters are able to indulge themselves by treating speedway as a sideline with 'profit' not the prime consideration. Businesses, in general, will only publish that which they have to by law. This is true, unfortunately, in origin of the species speak, Speedways DNA is a closer match to Boxing and Snooker than Football and/or Rugby... Edited July 3, 2014 by Shale Searcher Quote Link to comment Share on other sites More sharing options...
mikebv Posted July 3, 2014 Report Share Posted July 3, 2014 (edited) An extremely sensible suggestion that. Something like Financial Fair Play in Football - but - done properly. I seem to remember in the not too dark, distant past (circa 94 - 96 I think) when the bspa imposed a 'strict' points money pay band for the EL that every team had to sign up to, no 'ifs, buts, or maybes', if you were competing the playing field regarding pay was level... If memory serves it was a max of 45 quid a point for heat leaders..(?) I did hear at the time that one world class rider when informed of this told his team that there was no chance of him riding for that, as if he scored the same points as he had delivered the season previous then there would be a 'shortfall' of over 100k in his earnings!!! The club therefore ensured he was sponsored by some company (I seem to think it was one bought 'off the shelf')? and then the said 'company' sponsored him to the tune of... Well I'll let you guess... He then rode for the £45 a point.... As all the other top riders in the world still rode in the UK that year, I presume others were well 'sponsored' too... When trying to create a 'level playing field' you sadly will never stop those who see themselves as 'more equal than the others'..... Edited July 3, 2014 by mikebv 2 Quote Link to comment Share on other sites More sharing options...
weatherwatcher Posted July 3, 2014 Report Share Posted July 3, 2014 That is the biggest problem with the sport these days the riders have just got to greedy. If they don't want to ride over here for what the BPSA states to make evrything fair and squre, then they should just stop away. Because speedway will still be there without them and the races may be better to watch. Quote Link to comment Share on other sites More sharing options...
waiheke1 Posted July 3, 2014 Report Share Posted July 3, 2014 How do we make speedway financially accountable and transparent???? Tooooooo much secrecy!! We must secure a solid,secure,structured speedway for all.People must be accountable as to how they run and finance OUR sport. How do we begin to get answers???????????????End of the day they are running a business. Your standard local business won't publish their turnover figures, overheads or profits, why should a speedway club? Some sports do have a salary cap, but there are enforcement issues, and tbf with the points cap speedway has an even better mechanism for ensuring a level playing field. That is the biggest problem with the sport these days the riders have just got to greedy. If they don't want to ride over here for what the BPSA states to make evrything fair and squre, then they should just stop away. Because speedway will still be there without them and the races may be better to watch.Have they really got too greedy? In any industry workers will try to earn the market rate. If employers wont match their expectations, they need to accept a lower offer or take work elsewhere. If employers offer more than they can afford, they only have themselves to blame. Quote Link to comment Share on other sites More sharing options...
SCB Posted July 3, 2014 Report Share Posted July 3, 2014 I seem to remember in the not too dark, distant past (circa 94 - 96 I think) when the bspa imposed a 'strict' points money pay band for the EL that every team had to sign up to, no 'ifs, buts, or maybes', if you were competing the playing field regarding pay was level... If memory serves it was a max of 45 quid a point for heat leaders..(?) I did hear at the time that one world class rider when informed of this told his team that there was no chance of him riding for that, as if he scored the same points as he had delivered the season previous then there would be a 'shortfall' of over 100k in his earnings!!! The club therefore ensured he was sponsored by some company (I seem to think it was one bought 'off the shelf')? and then the said 'company' sponsored him to the tune of... Well I'll let you guess... He then rode for the £45 a point.... As all the other top riders in the world still rode in the UK that year, I presume others were well 'sponsored' too... When trying to create a 'level playing field' you sadly will never stop those who see themselves as 'more equal than the others'..... I dont see the issue. Every club was viable as they didnt spend more than they earned while the proactive clubs who went out and got sponsorship kept the good riders. Quote Link to comment Share on other sites More sharing options...
mikebv Posted July 3, 2014 Report Share Posted July 3, 2014 I dont see the issue. Every club was viable as they didnt spend more than they earned while the proactive clubs who went out and got sponsorship kept the good riders. I agree, market forces should dictate... However, where speedway makes a balls up is 'trying' to have some equalisation of strength yet the system it uses simply does not deliver it, hence the team who tops the league each season are 50 - 60 points ahead of the bottom club.... Sadly money will always ensure that we get the 'haves' and the 'have nots' however with home wins so important in speedway just to maintain a crowd level, the 'have nots' stretch themselves financially, often to breaking point.. When they still keep losing due to not being able to strengthen up to the required levels to compete due to the abject system used for team strengths, they then end up with still a losing team but now a more expensive one and an ever reducing fan base due to the continued defeats... As a business plan, it could not be any worse... Speedway should either have a 100% water tight salary cap or team strength system or simply not bother with either.. Half assed systems are no use whatsoever.. Quote Link to comment Share on other sites More sharing options...
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