allthegearbutnaeidea Posted September 4, 2016 Report Share Posted September 4, 2016 (edited) Could be wrong but I think Fredrik appealed his sentence, won, and got mega bucks by way of compensation.Good for him, that'll be where all of the money comes from, you never know he may buy Berwick Speedway and we would have a team of 1 Seb Alden 2 Anders Mellgren 3 Linus Eklof 4 Robin Tornqvist 5 Ludvig Lindgren 6 Alex Edberg 7 Robin Aspegren aka Alex and his mates Edited September 4, 2016 by allthegearbutnaeidea Quote Link to comment Share on other sites More sharing options...
screm Posted September 4, 2016 Report Share Posted September 4, 2016 Good for him, that'll be where all of the money comes from, you never know he may buy Berwick Speedway and we would have a team of 1 Seb Alden 2 Anders Mellgren 3 Linus Eklof 4 Robin Tornqvist 5 Ludvig Lindgren 6 Alex Edberg 7 Robin Aspegren aka Alex and his mates I know when Edberg snr was involved with Hammarby he was a big sponsor of Tomasz Gollob, if he was to take over maybe he could persuade Mr G to become a Bandit. 1 Quote Link to comment Share on other sites More sharing options...
Endeavour Posted September 4, 2016 Report Share Posted September 4, 2016 Hope everything works out for the Bandits. Can't afford to lose a Northern team. 2 Quote Link to comment Share on other sites More sharing options...
damosuzuki Posted September 4, 2016 Report Share Posted September 4, 2016 I am very hopeful someone comes in here - not everyones favourite track, but a fantastic place to visit with a very special feel about it. 5 Quote Link to comment Share on other sites More sharing options...
topsoil Posted September 4, 2016 Report Share Posted September 4, 2016 I am very hopeful someone comes in here - not everyones favourite track, but a fantastic place to visit with a very special feel about it. This has been done to death on a number of occasions and nothing is ever going to change, but if there was a way of making the track a couple of metres wider it would be a hell of a track, give a lot more entertaining racing and get crowds coming in. The stadium is one of the better ones at this level. Until then there will always be a struggle providing great racing with the bikes getting faster all the time. Just not possible to put too much grip on the track the way the bikes behave nowadays. 2 Quote Link to comment Share on other sites More sharing options...
samsplint Posted September 4, 2016 Report Share Posted September 4, 2016 The track will NEVER be wider while its around a football pitch and as BRFCSC hold the lease nothing is going to change 1 Quote Link to comment Share on other sites More sharing options...
Fromafar Posted September 4, 2016 Report Share Posted September 4, 2016 This has been done to death on a number of occasions and nothing is ever going to change, but if there was a way of making the track a couple of metres wider it would be a hell of a track, give a lot more entertaining racing and get crowds coming in. The stadium is one of the better ones at this level. Until then there will always be a struggle providing great racing with the bikes getting faster all the time. Just not possible to put too much grip on the track the way the bikes behave nowadays. While your right about the width of the track,and it will never be altered I still think if they severely reduced the banking in the 3rd4th bend it would slow the riders down and give better racing.Ask any rider and they will tell you they just keep the throttle pinned going into the bend as it is.Take the banking away and they would have to slow it down a bit.Think that is the least of the worries just now though.The racing has been poor I the last couple of season with the track being slick.IMO. Quote Link to comment Share on other sites More sharing options...
screm Posted September 4, 2016 Report Share Posted September 4, 2016 While your right about the width of the track,and it will never be altered I still think if they severely reduced the banking in the 3rd4th bend it would slow the riders down and give better racing.Ask any rider and they will tell you they just keep the throttle pinned going into the bend as it is.Take the banking away and they would have to slow it down a bit.Think that is the least of the worries just now though.The racing has been poor I the last couple of season with the track being slick.IMO. Whilst I agree with much of what you say taking away or reducing the banking would give us a gate and go track even more than we have now. I would love to see the track widened but that`s not going to happen, however we have seen great meetings on the present shape which leads to the thorny subject of track prep. Quote Link to comment Share on other sites More sharing options...
Fromafar Posted September 4, 2016 Report Share Posted September 4, 2016 Whilst I agree with much of what you say taking away or reducing the banking would give us a gate and go track even more than we have now. I would love to see the track widened but that`s not going to happen, however we have seen great meetings on the present shape which leads to the thorny subject of track prep.How to you reckon that,If the riders have to slow a little it will be an opertunity for some others to take a chance.As it is just now they are ALL going flat out into the bend. Quote Link to comment Share on other sites More sharing options...
topsoil Posted September 4, 2016 Report Share Posted September 4, 2016 The track will NEVER be wider while its around a football pitch and as BRFCSC hold the lease nothing is going to change That's what I've just said 3 Quote Link to comment Share on other sites More sharing options...
balderdash&piffle Posted September 5, 2016 Report Share Posted September 5, 2016 Alex Edberg's Dad and one of his Business colleagues was at Shielfield when Alex was riding for us last season and there was a lot of rumours that they was going to take over as they are wealthy men who love speedway, Alex's Dad did own Hammarby in Sweden although I'm not sure on the current situation as he has done time for fraud, I wouldn't be suprised if it was them who were interested in taking Sheffield on. He was exonerated on the charges, and received compensation from the Swedish government for falsely accusing him. Best not to say anything if you are not sure of the facts "Interested parties should contact John Anderson on 07503-540236 or George Hepburn on 07831-181089. All enquiries will be treated in fullest confidence." Plucked out from Bandits facebook page, if anyone want's to know the price and any other details, I already know but as I'm not an official and am not interested in buying I do not feel like I should spout information to you and others on the forum regarding the asking price, although judging by the posts on here I'm certainly not the only one who knows and I'm also certainly not the only one who doesn't think they will get what they are asking for. Hope I've helped in your enquiries. This is simple, the club is worth what it is worth, it is irrelevant as to how much money has been spent on it. You need an inventory and an accountant ,and come to a value, that is it. The bond is a fully refundable amount lodged with BSPA, as long as there are no outstanding amounts owing to riders etc you get it back, so should only be included as part of the deal to simplify the procedure . 1 Quote Link to comment Share on other sites More sharing options...
Fromafar Posted September 5, 2016 Report Share Posted September 5, 2016 He was exonerated on the charges, and received compensation from the Swedish government for falsely accusing him. Best not to say anything if you are not sure of the facts This is simple, the club is worth what it is worth, it is irrelevant as to how much money has been spent on it. You need an inventory and an accountant ,and come to a value, that is it. The bond is a fully refundable amount lodged with BSPA, as long as there are no outstanding amounts owing to riders etc you get it back, so should only be included as part of the deal to simplify the procedure . An accountant in Speedway,figures will not mean a lot . Quote Link to comment Share on other sites More sharing options...
balderdash&piffle Posted September 5, 2016 Report Share Posted September 5, 2016 An accountant in Speedway,figures will not mean a lot . You will have the clubs version of it's value, usually verified by their accountant. The purchaser will require someone with a financial background to dispute the value, and come to a structured valuation. Someone earlier mentioned 'Goodwill', generally no longer exists, however in this case there is zero 'Goodwill' as by the clubs own admission it is losing money. The rest of the valuation. comes down to physical assets and the 'Promoters Licence'. The stadium is on lease to Berwick Rangers Supporters Club, with a no sub let agreement in place, so no security of tenure, other than the football wanting it due to the weekly rent, in this case goodwill Quote Link to comment Share on other sites More sharing options...
Fromafar Posted September 5, 2016 Report Share Posted September 5, 2016 You will have the clubs version of it's value, usually verified by their accountant. The purchaser will require someone with a financial background to dispute the value, and come to a structured valuation. Someone earlier mentioned 'Goodwill', generally no longer exists, however in this case there is zero 'Goodwill' as by the clubs own admission it is losing money. The rest of the valuation. comes down to physical assets and the 'Promoters Licence'. The stadium is on lease to Berwick Rangers Supporters Club, with a no sub let agreement in place, so no security of tenure, other than the football wanting it due to the weekly rent, in this case goodwillThink for the sport to continue in Berwick ther would have to be a certain amount of goodwill regarding to who wants take buy them out ( if anybody).Difficult times IMO . Quote Link to comment Share on other sites More sharing options...
balderdash&piffle Posted September 5, 2016 Report Share Posted September 5, 2016 Think for the sport to continue in Berwick ther would have to be a certain amount of goodwill regarding to who wants take buy them out ( if anybody).Difficult times IMO . The club is worth what it is worth, no businessmen will pay more than it's value, just a fact of life. I think in this instance it will have to be the club that has to be responsible when selling it. It is no good saying I have put X amount into it and I want it back, it will not happen. So I suppose it a case of taking it on the chin, and being realistic, and passing it on at it's real value 2 Quote Link to comment Share on other sites More sharing options...
StevePark Posted September 5, 2016 Report Share Posted September 5, 2016 Selling a speedway club is like privately selling a car for example. You say how much you want for it, the person who may buy, gives a price and you agree to it or you 'haggle' until some agreement of purchase/non-purchase is made. 1 Quote Link to comment Share on other sites More sharing options...
balderdash&piffle Posted September 5, 2016 Report Share Posted September 5, 2016 Selling a speedway club is like privately selling a car for example. You say how much you want for it, the person who may buy, gives a price and you agree to it or you 'haggle' until some agreement of purchase/non-purchase is made. Spot on example. Just said to someone you have a car valued at £5k, but you have spent £5 k on it, new wheels etc. it doesnt mean anything, the car is still worth £5k Quote Link to comment Share on other sites More sharing options...
topsoil Posted September 5, 2016 Report Share Posted September 5, 2016 A club is only worth what somebody is willing to pay for it. If nobody wants to buy it, the club is worth nothing, other than the bond which will be refunded and any equipment which can be sold second hand. 5 Quote Link to comment Share on other sites More sharing options...
balderdash&piffle Posted September 5, 2016 Report Share Posted September 5, 2016 A club is only worth what somebody is willing to pay for it. If nobody wants to buy it, the club is worth nothing, other than the bond which will be refunded and any equipment which can be sold second hand. Would be sensible to sell it as a bundle, asset strip it takes a long time and you get little value, example who wants to but a second hand safety fence, all the clubs have one. Quote Link to comment Share on other sites More sharing options...
crescent girl Posted September 5, 2016 Report Share Posted September 5, 2016 It is obvious that a prospective purchaser -- or competing purchasers -- will make their enquiries and any ongoing interest will undergo rigorous due diligence. On both sides of the bargain. This is unlikely to include allegations or accusations posted on here -- either in condemnation or support of the parties concerned. Let us hope for a continuation of speedway at Shielfield, not just for a fiftieth season but for many years thereafter. 1 Quote Link to comment Share on other sites More sharing options...
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