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Belle Vue 2019


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2 hours ago, Steve0 said:

So with Berge quitting Somerset because he couldn't get a full-time mechanic in the UK, what does that mean for BV?  A predicted short stay to be replaced by a higher averaged rider after 1 meeting when his rolling average changes?

This should not be allowed to happen but doubt anything will be done to prevent it

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2 minutes ago, dontforgetthefueltapsbruv said:

Out of interest - is it a home or away match that Berge needs to complete for his average to update?

He needs one more Home League match.

BV first Home League match is 29th April, and with the cut off being 23rd April, I don’t think his average would actually change until 6th May.

He would do 3 away League matches prior to 6th May.

Edited by Gambo
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19 minutes ago, Gambo said:

He needs one more Home League match.

BV first Home League match is 29th April, and with the cut off being 23rd April, I don’t think his average would actually change until 6th May.

He would do 3 away League matches prior to 6th May.

Are the supporters cup matches not being included then?

Last year the championship shield was despite regionalised groups

If so April 4th and effective April 11th pretty much before anyone else starts.....

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Just now, dontforgetthefueltapsbruv said:

Are the supporters cup matches not being included then?

Last year the championship shield was despite regionalised groups

If so April 4th and effective April 11th pretty much before anyone else starts.....

League matches only for Green Sheets.

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3 hours ago, geoff58 said:

where do you get the astronomical losses from you know nothing !!

 

Companies House Accounts records. !!

It shows BV lost £270,730 in 2017.

Now I consider that to be an  astronomical  amount of money to flush away. 

Edited by Speedtiger
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1 hour ago, Gambo said:

League matches only for Green Sheets.

I hope so

Although that was how the regulation was worded last year and yet shield matches were included in the championship figures

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2 hours ago, Speedtiger said:

Companies House Accounts records. !!

It shows BV lost £270,730 in 2017.

Now I consider that to be an  astronomical  amount of money to flush away. 

Phew! That is a lot of additional bums on seats for the next several years to claw it back. Around a 1,000 or so for 20 years. They must really believe there is a UK speedway upturn somewhere down the road. Better by far to buy a Euromillions ticket for tonight!

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45 minutes ago, waytogo28 said:

Phew! That is a lot of additional bums on seats for the next several years to claw it back. Around a 1,000 or so for 20 years. They must really believe there is a UK speedway upturn somewhere down the road. Better by far to buy a Euromillions ticket for tonight!

And that was only 2017, from what I saw on my visits to NSS last season the crowds were very poor, so 2018 may be an even bigger loss. The future for 2019 doesn't look good.

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19 minutes ago, Speedtiger said:

And that was only 2017, from what I saw on my visits to NSS last season the crowds were very poor, so 2018 may be an even bigger loss. The future for 2019 doesn't look good.

that included a load of start up costs and paying some of the rider debts off from 2016. It did better last year and will probably get close to break even in 2019

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3 hours ago, Speedtiger said:

Companies House Accounts records. !!

It shows BV lost £270,730 in 2017.

 

No it doesn't.

What you are (mis)reading there is the total at the bottom of an abbreviated balance sheet, not a Profit & Loss account.   As with all small companies they only have to file micro accounts.  They only need to file an abbreviated balance sheet and  do not have to file the profit and loss account.  So you will not be able to see what profit or loss was made.

They may have had to spend £250,000 buying all kinds of intangibles to take over the club, and only lost £20k running the season.  

On the other hand the owners could have injected £1M into the project and acually lost £1.25M running the season.   There's no way of knowing without the information. 

 

 

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7 minutes ago, CottonOn said:

No it doesn't.

What you are (mis)reading there is the total at the bottom of an abbreviated balance sheet, not a Profit & Loss account.   As with all small companies they only have to file micro accounts.  They only need to file an abbreviated balance sheet and  do not have to file the profit and loss account.  So you will not be able to see what profit or loss was made.

They may have had to spend £250,000 buying all kinds of intangibles to take over the club, and only lost £20k running the season.  

On the other hand the owners could have injected £1M into the project and acually lost £1.25M running the season.   There's no way of knowing without the information. 

 

 

Ok fair point but when you look at the poor crowds the average rider costs I’m not surprised that the recorded figures are true. We will see what 2018 figures show soon. I’m told that the rent charged by the council for NSS is very high. 

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4 minutes ago, Speedtiger said:

Ok fair point but when you look at the poor crowds the average rider costs I’m not surprised that the recorded figures are true. We will see what 2018 figures show soon. I’m told that the rent charged by the council for NSS is very high. 

The crowds were far from poor in respect of what a decent speedway crowd looks like today.

No official attendance records are ever published but like I said countless times last year, it’s pretty easy to guess at the NSS. I would say we averaged around 1.5k which certainly isn’t poor. It’s  probably one of the highest in the uk.

The rent is high but nothing like it was in the first season. It was renegotiated.

That said, the losses last season would be 5 figures I’m pretty sure of that.

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19 minutes ago, Speedtiger said:

Ok fair point but when you look at the poor crowds the average rider costs I’m not surprised that the recorded figures are true. 

You're not surprised what recorded figures are true???   You have no access to any recorded figures for crowds or for "average rider costs" do you?

First you misread a balance sheet as a Profit & Loss account, now you're claiming to have recorded crowd and rider cost figures that you simply don't have.

Basically you're just making stuff up based on your own opinions and guesses which are anything but accurate

 

Edited by CottonOn
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1 hour ago, acef said:

The crowds were far from poor in respect of what a decent speedway crowd looks like today.

No official attendance records are ever published but like I said countless times last year, it’s pretty easy to guess at the NSS. I would say we averaged around 1.5k which certainly isn’t poor. It’s  probably one of the highest in the uk.

The rent is high but nothing like it was in the first season. It was renegotiated.

That said, the losses last season would be 5 figures I’m pretty sure of that.

It makes you wonder if its ever going to work at Belle Vue. Great stadium, great racing, great facilities, in a big city with a big catchment area, relatively successful teams ( last 4 years in the play offs and a KO Cup) but no more council subsidies and losing money year on year. Its questionable how Belle Vue can significantly increase their turnover while reducing costs with their team and remaining successful on the track. Success in speedway more than most sports is shared around, what happens should Belle Vue have a couple of barren years on track ?

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1 hour ago, CottonOn said:

You're not surprised what recorded figures are true???   You have no access to any recorded figures for crowds or for "average rider costs" do you?

First you misread a balance sheet as a Profit & Loss account, now you're claiming to have recorded crowd and rider cost figures that you simply don't have.

Basically you're just making stuff up based on your own opinions and guesses which are anything but accurate

 

I think we already know Speedtiger by other names on this forum.

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1 hour ago, CottonOn said:

You're not surprised what recorded figures are true???   You have no access to any recorded figures for crowds or for "average rider costs" do you?

First you misread a balance sheet as a Profit & Loss account, now you're claiming to have recorded crowd and rider cost figures that you simply don't have.

Basically you're just making stuff up based on your own opinions and guesses which are anything but accurate

 

I have been watching speedway long enough to know a club with financial problems. It’s not rocket science. I go to NSS almost every home meeting. I have some good mates at BV and they know what’s going on. You only need to look on the terraces and it’s easy to calculate the rider costs etc. But I’m ok with your rose coloured view so we will wait and see who right in due course. 

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7 minutes ago, Speedtiger said:

I have been watching speedway long enough to know...

So from claiming to have all the facts, it's now gone to having zero facts, and  it's descended to nothing more than one of those Speedway Star letters...   "I've been a fan for 40 years, so my own odd opinion is more valid than everyone else's..."

and "I have some good mates"   :rofl:

 

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6 minutes ago, Speedtiger said:

I have been watching speedway long enough to know a club with financial problems. It’s not rocket science. I go to NSS almost every home meeting. I have some good mates at BV and they know what’s going on. You only need to look on the terraces and it’s easy to calculate the rider costs etc. But I’m ok with your rose coloured view so we will wait and see who right in due course. 

We have had some shocking crowds when the weather has played a part but the crowds ain't as bad as you think, 

 

People just look at only 2 blocks being full in grandstand and think there's only a few 100 there. But in fact there is about 800. And that's just grandstand. South stand is usually full with probably a good 800-100 in there. 

 

Regarding finances I don't know much about them but did hear they lost 80k last year. But that was alot less then previous year. They are hoping to gradually bring it down to break even within 5 years. How they will do that I'm not sure as they are not particularly good at promoting like every other promoter. But Adrian is a clever men. I'm sure he has something up his sleeve. 

 

And for anyone thinking he's ready to jump ship and they are not committed. Adrian for 2 years has lived in a hotel all week away from his family that he/club pay for. But now he's buying a house not far from the track to live up here. So clearly they are here for the long haul 

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