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Ipswich 2019


Spl77

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7 minutes ago, Racin Jason 72 said:

Thank goodness 

 

43 minutes ago, Spl77 said:

From what Louis said on BBC Radio Suffolk last night clauses are in place so that he can buy the club back at a later date if he wished to. 

Plus or minus assets?:unsure:

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1 hour ago, Spl77 said:

From what Louis said on BBC Radio Suffolk last night clauses are in place so that he can buy the club back at a later date if he wished to. 

I suspect that the option is if Chapman was approached by a third party to buy Ipswich, Louis would be offered first refusal but if that bid by a third party could not he matched by Louis, Chapman would sell to the the third party.

No one knows at this stage whether these deals will work in the short to medium term but it is what it is.

I still find it difficult to believe either of them particularly in light of the EADT interview. Louis must have known at that stage what was on the cards, the deal was not done last minute. He has afterall known the Chapman family for many years and last season was probably the straw that broke the camels back. Disillusioned by what happened on the track and the antics of a few riders must have made him question if it was all worth it.

Cannot help feeling that something very special has been lost by a Suffolk born and bred promotion selling out let alone to the arch enemy north of the border. Few will trust any results between the three teams. Won’t take long before the seeds of doubt re match fixing are sown. 

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4 minutes ago, Spl77 said:

One thing for certain is that Chapman got to make this work if he fails he loses the money ploughed in 3 teams and the top league at least collapses. Brave man. 

 

With speedway in the state it is, I think he is very brave and/or his pockets a very deep. No doubt he has done it to keep the Prem going in 2019.

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3 hours ago, 2ndbendbeerhut said:

So what would be the minimum assessed average in the PL? why cant Drew start on that? Think its more that he is able to partake but not on the average that Ipswich want him to be on.... And would Kemp wanted to ride anyway?    

Like I said certainly ambiguous - maybe they could use drew on a 4.00 in prem, but Hawkins can be quoted as saying he’s currently ineligible until he has achieved a 4.5 champ average.

one would assume this rule and the restrictive points limit in champ is an attempt to create a better distinction in level between the two leagues

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I think its understandable for fans of all 3 clubs to have some reservations about the situation but until any actions prove otherwise then I am happy to take the positives for all parties

The league structure has been stabilised

The Witches are in the league that in 2019 best suits them

Peterboroughs future is extended

Kings Lynn fans get to feel all superior for a while (temporarily of course :P)

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10 minutes ago, dontforgetthefueltapsbruv said:

I think its understandable for fans of all 3 clubs to have some reservations about the situation but until any actions prove otherwise then I am happy to take the positives for all parties

The league structure has been stabilised

The Witches are in the league that in 2019 best suits them

Peterboroughs future is extended

Kings Lynn fans get to feel all superior for a while (temporarily of course :P)

Looking forward to it :t:

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I see it as he has bought both clubs fully and has employed Rathbone and Louis as managers and promoters.  

Strangely the reason ged gave for giving up Peterborough was purely for time it took to travel down and to concentrate on his own business interests. So perhaps buster has brought him a jet too as now it’s no problem to Carry on 

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23 minutes ago, Racin Jason 72 said:

I see it as he has bought both clubs fully and has employed Rathbone and Louis as managers and promoters.  

Strangely the reason ged gave for giving up Peterborough was purely for time it took to travel down and to concentrate on his own business interests. So perhaps buster has brought him a jet too as now it’s no problem to Carry on 

I don`t- i see it as he is buying the clubs and paying over several seasons with additional payment(a wage) to messrs Rathbone and Louis to run the clubs for him.

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6 minutes ago, racers and royals said:

I don`t- i see it as he is buying the clubs and paying over several seasons with additional payment(a wage) to messrs Rathbone and Louis to run the clubs for him.

If so it may work the same way as rider transfer by stage payment - payment stops and ownership reverts back....

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There is a clear miss understanding of the take overs.

Keith Chapman would have bought both clubs outright, pay wages to the rider's, promoters and managers etc. Take on the sponsorship funds, and have any profits if there is any etc.

The only thing he wouldn't of bought are the rider assets. This is what's meant by a "commercial" take over.

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7 minutes ago, Daniel Smith said:

There is a clear miss understanding of the take overs.

Keith Chapman would have bought both clubs outright, pay wages to the rider's, promoters and managers etc. Take on the sponsorship funds, and have any profits if there is any etc.

The only thing he wouldn't of bought are the rider assets. This is what's meant by a "commercial" take over.

Are you sure about that ds? Think that's worrying a few of us witches fans tbh, we haven't forgotten mildenhall way back. I know we haven't got many, but we've got a jewel in drew tbh.

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