Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 57 minutes ago, Jonny the spud said: As it’s such an iconic club with a superb set up and massive crowds that other clubs can only dream of, I take it Starman and Shovvy are putting together a business plan as we speak to secure the finance and make a fans buy out. I mean, it’s a no brainier so they keep telling us? I do just as well in my business with a lot less stress and time. Why would I want to have all that stress Matt Ford is put through for longer hours and less financial reward? Quote Link to comment Share on other sites More sharing options...
Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 9 minutes ago, poole keith said: there are some clever businessmen who are very sceptical of the wisdom in buying any speedway club,poole is actually one of the riskier purchases because the present owner will want too much for it,i was with two existing sponsors who were discussing the sale and they both came up with a figure of 100k tops,but knew matt would want more,the big stumbling block is just what value you put on the goodwill,nobody knows. In your offer price you have to factor in how much dosh you need in reserve to cover risk,cost of assembling a 2019 team,40k bspa bond,the risk of 5 rain offs in a row,the risk of having similar very poor crowds as march to july this yr,the big risk that many of the sponsors are "matts sponsors" and may not stay with you,and the killer risk "security of tenure" bearing all the rumour re the stadium in the last 3months.But after all that(i doubt you fall into this category ss) if you are a wealthy enthusiast then go for it I am wealthy enough Keith, but it’s not worth the stress in my life. Just look at the crap thrown at Matt Ford. Would anyone want all that abuse? No thanks. My business is doing very well with no hassles, no worrying, no fans to please. Quote Link to comment Share on other sites More sharing options...
Pinny Posted October 14, 2018 Report Share Posted October 14, 2018 1 hour ago, Jonny the spud said: As it’s such an iconic club with a superb set up and massive crowds that other clubs can only dream of, I take it Starman and Shovvy are putting together a business plan as we speak to secure the finance and make a fans buy out. I mean, it’s a no brainier so they keep telling us? Aw diddums , someone still upset their boy got the arse from Poole? Quote Link to comment Share on other sites More sharing options...
A ORLOV Posted October 14, 2018 Report Share Posted October 14, 2018 21 minutes ago, poole keith said: there are some clever businessmen who are very sceptical of the wisdom in buying any speedway club,poole is actually one of the riskier purchases because the present owner will want too much for it,i was with two existing sponsors who were discussing the sale and they both came up with a figure of 100k tops,but knew matt would want more,the big stumbling block is just what value you put on the goodwill,nobody knows. In your offer price you have to factor in how much dosh you need in reserve to cover risk,cost of assembling a 2019 team,40k bspa bond,the risk of 5 rain offs in a row,the risk of having similar very poor crowds as march to july this yr,the big risk that many of the sponsors are "matts sponsors" and may not stay with you,and the killer risk "security of tenure" bearing all the rumour re the stadium in the last 3months.But after all that(i doubt you fall into this category ss) if you are a wealthy enthusiast then go for it So as stated by some the value is not much Quote Link to comment Share on other sites More sharing options...
Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 18 minutes ago, Pinny said: Aw diddums , someone still upset their boy got the arse from Poole? Most Poole fans would have been happy for Adam to have returned to Poole the following season. Quote Link to comment Share on other sites More sharing options...
Starman2006 Posted October 14, 2018 Report Share Posted October 14, 2018 7 hours ago, ray c said: I would think any new promotor or investor would probably have to negotiate a new deal with stadia UK for use of the facility at the stadium Should just roll over. Quote Link to comment Share on other sites More sharing options...
Starman2006 Posted October 14, 2018 Report Share Posted October 14, 2018 6 hours ago, daz9100 said: It's fairly obvious if you've seen the advert. There aren't many speedway riders who live in that area and have a set of helmets over the fireplace, trophies on display and a track in the back garden. Really, perhaps you would like to put the photo's up then. And by the way, i do know what it looks like.. Quote Link to comment Share on other sites More sharing options...
Jonny the spud Posted October 14, 2018 Report Share Posted October 14, 2018 3 hours ago, Pinny said: Aw diddums , someone still upset their boy got the arse from Poole? Not at all. He loved his time there and is still on good terms with the fans and the owners. But you probably knew that and we’re just trying to look clever on the internet. Sorry, you failed 1 1 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted October 14, 2018 Report Share Posted October 14, 2018 4 hours ago, Steve Shovlar said: I do just as well in my business with a lot less stress and time. Why would I want to have all that stress Matt Ford is put through for longer hours and less financial reward? There you go, £500,000 is to much of a business risk. If you wouldn't bother, why would a more professional business man go with it? £100,000 - £150,000 under the current climate of British Speedway is far more realistic. Quote Link to comment Share on other sites More sharing options...
Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 5 minutes ago, Jonny the spud said: Not at all. He loved his time there and is still on good terms with the fans and the owners. But you probably knew that and we’re just trying to look clever on the internet. Sorry, you failed I would welcome him back no problem. He’s still improving and thought he looked very professional last week. Quote Link to comment Share on other sites More sharing options...
Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 (edited) 5 minutes ago, Daniel Smith said: There you go, £500,000 is to much of a business risk. If you wouldn't bother, why would a more professional business man go with it? £100,000 - £150,000 under the current climate of British Speedway is far more realistic. I didn’t say 500,000 was too much. I said My business does well without the hassle going with promoting a speedway club, which would take up virtually every waking hour if it was to be run as a full time business. Not the way I would want to work. Twenty years ago maybe. Edited October 14, 2018 by Steve Shovlar Quote Link to comment Share on other sites More sharing options...
Starman2006 Posted October 14, 2018 Report Share Posted October 14, 2018 (edited) Poole Pirates Premiership Champions 2018 Just to let everybody know... Gavans a little bit quiet, have you noticed.. Edited October 14, 2018 by Starman2006 1 1 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted October 14, 2018 Report Share Posted October 14, 2018 13 minutes ago, Steve Shovlar said: I didn’t say 500,000 was too much. I said My business does well without the hassle going with promoting anspeedway club, which would take up virtually every waking hour if it was to be run as a full time business. Not the way I would want to work. Twenty years ago maybe. You're a clever man Steve so be honest. You clearly said "less financial reward". If there's 'less financial reward', once lumping down £500,000, how soon would you expect that money to return? What about rider, staff, first aid, paramedic, material costs? Sponsorship remember, isn't part of the deal. Sponsorship is for the current owner to help finance the season and for them to sell their brand in return. Sponsorship is not Matt Ford's to sell. 1 Quote Link to comment Share on other sites More sharing options...
stevehone Posted October 14, 2018 Report Share Posted October 14, 2018 5 hours ago, Jonny the spud said: As it’s such an iconic club with a superb set up and massive crowds that other clubs can only dream of, I take it Starman and Shovvy are putting together a business plan as we speak to secure the finance and make a fans buy out. I mean, it’s a no brainier so they keep telling us? Shovlar the financial clout and Starman the brains 1 Quote Link to comment Share on other sites More sharing options...
Starman2006 Posted October 14, 2018 Report Share Posted October 14, 2018 10 minutes ago, Daniel Smith said: You're a clever man Steve so be honest. You clearly said "less financial reward". If there's 'less financial reward', once lumping down £500,000, how soon would you expect that money to return? What about rider, staff, first aid, paramedic, material costs? Sponsorship remember, isn't part of the deal. Sponsorship is for the current owner to help finance the season and for them to sell their brand in return. Sponsorship is not Matt Ford's to sell. Anybody who thinks running a Speedway club is a doddle is very clueless and deluded. Quote Link to comment Share on other sites More sharing options...
Steve Shovlar Posted October 14, 2018 Report Share Posted October 14, 2018 24 minutes ago, Daniel Smith said: You're a clever man Steve so be honest. You clearly said "less financial reward". If there's 'less financial reward', once lumping down £500,000, how soon would you expect that money to return? What about rider, staff, first aid, paramedic, material costs? Sponsorship remember, isn't part of the deal. Sponsorship is for the current owner to help finance the season and for them to sell their brand in return. Sponsorship is not Matt Ford's to sell. I wouldn’t lump down £500,000 in one lump sum. Or even £250,000. My business works differently but is rewarding without tying up such large sums in one go. I am not going to bore everyone talking about my business though. Quote Link to comment Share on other sites More sharing options...
Ghosty Posted October 14, 2018 Report Share Posted October 14, 2018 To purchase any business first you would look over the last 3 years books, see what sort of profit or loss there is. Secondly you would look @ your leased premises, what sort of terms can you keep & what have you to re-negotiate with the landlords. Thirdly you are reliant on enough other clubs that want to run their speedway on the same level as you! If I was buying under the current circumstances I would offer Matt £500 per meeting staged until an agreed figure has been reached, not too different to the deal Matt & Mike Golding did with Merv the swerv. 1 Quote Link to comment Share on other sites More sharing options...
Bald Bloke Posted October 14, 2018 Report Share Posted October 14, 2018 20 minutes ago, stevehone said: Shovlar the financial clout and Starman the brains Poole SSS Pirates 1 Quote Link to comment Share on other sites More sharing options...
ray c Posted October 14, 2018 Report Share Posted October 14, 2018 1 hour ago, Starman2006 said: Should just roll over. Why Quote Link to comment Share on other sites More sharing options...
Starman2006 Posted October 14, 2018 Report Share Posted October 14, 2018 21 minutes ago, ray c said: Why Because it doesnt matter if PS has new owners or not. Quote Link to comment Share on other sites More sharing options...
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