Arson fire Posted October 27, 2020 Report Share Posted October 27, 2020 (edited) 22 hours ago, TotallyHonestJohn said: Honestly You couldn't make this up.... NEWSPEED 2003 LTD the company behind your beloved Speedway team Newcastle Diamonds are going into Liquidation Yep that's right liquidation; I bet when Rob Grant bought out the club from the old promotion he didn't reckon on this "Pan of Pony" As a sponsor I have had the heads up and I was asked what I wanted to do with regard to my sponsorship monies I have paid and I have (of course) just asked to "let it ride" for the next season we run as Rob has apparently started a new company called Newcastle Diamonds Limited... I would assume this offer will be the same for season ticket holders who will be offered either their cash back as a refund or given the opportunity to let them role over for the next full season we have; with not only the new promotion but a whole new company. More on this later... It is the Liquidators duty and role to look after creditors of the old business and a report will be going into the London Gazette (I think its called) which identifies the company and the reasons as to why they have been liquidated' and what happens next. Now I cant go into to much detail yet as everyone is being diplomatic and not giving much away when I have asked for further information and there are of course the "Libel Laws" to consider; however it would appear that in the operating and day to day running of the club it was brought to Rob's attention that there was a bit of an anomaly (so to speak) in the previous accounts and HMRC wanted a word. When this "anomaly" was explained to the new owner he had no other option but to fold the old business to protect himself and his good name; however I am expecting certain people to be interviewed from our friends at HMRC and possibly under caution... You can see the NEWSPEED 2003 LTD accounts on line on the Companies House web site... I am certainly not a happy chappie for various reasons but I bet Rob Grant is bouncing... So remember the old tag line and in "whom" we were asked to put our trust in... looks like they have left an absolute mess financially. But never mind I have the fullest confidence in Rob and his team to pull this around but after all the rhetoric from the previous promotion it certainly leaves a bad taste in the mouth that's for sure... and especially after I was called worse than a pick-pocket by one or two of them and their cronies only for 1. to be not only proved right to what I was saying but 2. totally exonerated after pumping thousands into their pockets when I thought I was helping the club it looks like I have been funding other things not always speedway related. What a shower I for one am totally behind Grant and his new regime; its a breath of fresh air compared to the previous lot... Its maybe a good thing that swear words aren't allowed on here as the whole post would have been redacted... Once again it looks like I am the harbinger of doom and gloom however its isn't that bad for the club as a whole as Rob Grant is doing an awful lot of positive work behind the scenes.. "What for" I am not sure but fair play to the new promotion for sticking with it as they could have just pulled up sticks and walked away cutting their losses... Regards THJ Sad, very sad.. but not surprising!! I walked away about 4/5 years ago after going for best part of 35 years home and away. Some on here called me worse than sh!te. Whenever i spoke up as a fan you were told how marvelous they are and how grateful we should be.. It was like the freemasons and a them and us set up, had various conversations with promoters and it was obvious the fans were taken for granted and i seen it with my own eyes!! Those that were in the clique were so far up each others ar5es yet were treat like royalty by most. “idiot the fans” was one promoters response to it being pointed out that it was freezing cold and kids were standing around still waiting for a meeting to start 25mins after it was meant to, the charging for the car park that is free at any other time at Brough also rankled, as did the freeloading through the pit gate for mates of the clique. They just expected the merry band of loyal fans to Comply..If they have sold a business and hidden debt from the buyer then the deserve everything they get. Its sheer arrogance and incompetence... and dont even mention the control they wanted over the supporters club a few years ago!! Good luck Rob, you will need it and it will be interesting to hear and see if the usual hangers on have the Bollox to comment? As they certainly had the bollox to defend them whenever i piped up in the past. Edited October 27, 2020 by Arson fire 4 Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted October 27, 2020 Report Share Posted October 27, 2020 36 minutes ago, Arson fire said: Good luck Rob, you will need it and it will be interesting to hear and see if the usual hangers on have the Bollox to comment? As they certainly had the bollox to defend them whenever i piped up in the past Honestly Spot on and couldn't agree more with everything you have stated... However as it's under new management now you should reconsider your self imposed exile and give it another go... after all you did enjoy your speedway to be fair.... Also you are not the first one to say now the old guard has gone they were prepared to give Rob Grant a second chance... Regards THJ 3 Quote Link to comment Share on other sites More sharing options...
Arson fire Posted October 27, 2020 Report Share Posted October 27, 2020 4 minutes ago, TotallyHonestJohn said: Honestly Spot on and couldn't agree more with everything you have stated... However as it's under new management now you should reconsider your self imposed exile and give it another go... after all you did enjoy your speedway to be fair.... Also you are not the first one to say now the old guard has gone they were prepared to give Rob Grant a second chance... Regards THJ Certainly will. 2 Quote Link to comment Share on other sites More sharing options...
topaz325 Posted October 27, 2020 Report Share Posted October 27, 2020 Good luck to Rob Grant with this situation , does not look good for the future especially with the Covid virus and having to find a new track !! 1 Quote Link to comment Share on other sites More sharing options...
Wee Eck Posted October 27, 2020 Report Share Posted October 27, 2020 23 hours ago, TotallyHonestJohn said: Honestly You couldn't make this up.... NEWSPEED 2003 LTD the company behind your beloved Speedway team Newcastle Diamonds are going into Liquidation Yep that's right liquidation; I bet when Rob Grant bought out the club from the old promotion he didn't reckon on this "Pan of Pony" As a sponsor I have had the heads up and I was asked what I wanted to do with regard to my sponsorship monies I have paid and I have (of course) just asked to "let it ride" for the next season we run as Rob has apparently started a new company called Newcastle Diamonds Limited... I would assume this offer will be the same for season ticket holders who will be offered either their cash back as a refund or given the opportunity to let them role over for the next full season we have; with not only the new promotion but a whole new company. More on this later... It is the Liquidators duty and role to look after creditors of the old business and a report will be going into the London Gazette (I think its called) which identifies the company and the reasons as to why they have been liquidated' and what happens next. Now I cant go into to much detail yet as everyone is being diplomatic and not giving much away when I have asked for further information and there are of course the "Libel Laws" to consider; however it would appear that in the operating and day to day running of the club it was brought to Rob's attention that there was a bit of an anomaly (so to speak) in the previous accounts and HMRC wanted a word. When this "anomaly" was explained to the new owner he had no other option but to fold the old business to protect himself and his good name; however I am expecting certain people to be interviewed from our friends at HMRC and possibly under caution... You can see the NEWSPEED 2003 LTD accounts on line on the Companies House web site... I am certainly not a happy chappie for various reasons but I bet Rob Grant is bouncing... So remember the old tag line and in "whom" we were asked to put our trust in... looks like they have left an absolute mess financially. But never mind I have the fullest confidence in Rob and his team to pull this around but after all the rhetoric from the previous promotion it certainly leaves a bad taste in the mouth that's for sure... and especially after I was called worse than a pick-pocket by one or two of them and their cronies only for 1. to be not only proved right to what I was saying but 2. totally exonerated after pumping thousands into their pockets when I thought I was helping the club it looks like I have been funding other things not always speedway related. What a shower I for one am totally behind Grant and his new regime; its a breath of fresh air compared to the previous lot... Its maybe a good thing that swear words aren't allowed on here as the whole post would have been redacted... Once again it looks like I am the harbinger of doom and gloom however its isn't that bad for the club as a whole as Rob Grant is doing an awful lot of positive work behind the scenes.. "What for" I am not sure but fair play to the new promotion for sticking with it as they could have just pulled up sticks and walked away cutting their losses... Regards THJ I can’t find anything anywhere (other than here) on this. Nothing lodged as yet in Companies House. Can you post a link, please? Quote Link to comment Share on other sites More sharing options...
screm Posted October 27, 2020 Report Share Posted October 27, 2020 Press Release Speedway Liquidation Newspeed 2003 Limited, the company behind the Newcastle Speedway team, is to go into Liquidation. The Liquidator, Greg Whitehead of Northpoint Insolvency Practitioners, commented ‘the combined impact of Covid and historical HMRC liabilities has led the current director to place the Company into Liquidation. Rob Grant, who is the current sole Director of the Company having been appointed last in 2019 added: ‘Liabilities arising from an HMRC investigation, covering the period before I became a Director, mean that there is no alternative but to wind the company up, but it is hopeful that speedway in the area will continue through a new company. ' It is every intention the new company will honour the benefits of season tickets already purchased aswell as any sponsorship.' End 27 October 2020 1 Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted October 27, 2020 Report Share Posted October 27, 2020 (edited) 34 minutes ago, Wee Eck said: I can’t find anything anywhere (other than here) on this. Nothing lodged as yet in Companies House. Can you post a link, please? It may not have happened yet but it will and when it does go you will find it in The (London) Gazette and the link is below https://www.thegazette.co.uk/ Oh and since you asked I have been back on myself to The (London) Gazette site and found no other than the following on the link posted below on the 5th October 2010 which would have been the last time NEWSPEED LIMITED were wound up and NEWSPEED 2003 LIMITED rose out of the ashes I would imagine... but never mind here is your starter for 10 https://www.thegazette.co.uk/notice/L-59566-1217074 I am guessing there will be a press release very soon as it must be imminent... just keep watching your local media channels and as sure as I am a fat lad something will break very soon... Honest... Regards THJ By lad that Screm was quick off the mark Jesus... LOL Edited October 27, 2020 by TotallyHonestJohn Edited for accuracy 1 Quote Link to comment Share on other sites More sharing options...
screm Posted October 27, 2020 Report Share Posted October 27, 2020 1 minute ago, TotallyHonestJohn said: It may not have happened yet but it will and when it does go you will find it in The (London) Gazette and the link is below https://www.thegazette.co.uk/ Oh and since you asked I have been back on myself to The (London) Gazette site and found no other than the following on the link posted below on the 5th October 2010 which would have been the last time NEWSPEED LIMITED were wound up and NEWSPEED 2003 LIMITED rose out of the ashes I would imagine... but never mind here is your starter for 10 https://www.thegazette.co.uk/notice/L-59566-1217074 I am guessing there will be a press release very soon as it must be imminent... just keep watching your local media channels and as sure as I am a fat lad something will break very soon... Honest... Regards THJ By lad that Screm was quick off the mark Jesus... LOL Trapping gloves at the ready 1 Quote Link to comment Share on other sites More sharing options...
highside Posted October 27, 2020 Author Report Share Posted October 27, 2020 5 hours ago, Arson fire said: Sad, very sad.. but not surprising!! I walked away about 4/5 years ago after going for best part of 35 years home and away. Some on here called me worse than sh!te. Whenever i spoke up as a fan you were told how marvelous they are and how grateful we should be.. It was like the freemasons and a them and us set up, had various conversations with promoters and it was obvious the fans were taken for granted and i seen it with my own eyes!! Those that were in the clique were so far up each others ar5es yet were treat like royalty by most. “idiot the fans” was one promoters response to it being pointed out that it was freezing cold and kids were standing around still waiting for a meeting to start 25mins after it was meant to, the charging for the car park that is free at any other time at Brough also rankled, as did the freeloading through the pit gate for mates of the clique. They just expected the merry band of loyal fans to Comply..If they have sold a business and hidden debt from the buyer then the deserve everything they get. Its sheer arrogance and incompetence... and dont even mention the control they wanted over the supporters club a few years ago!! Good luck Rob, you will need it and it will be interesting to hear and see if the usual hangers on have the Bollox to comment? As they certainly had the bollox to defend them whenever i piped up in the past. It will be very interesting how many hangers on will go when they have to pay to get in . 1 1 Quote Link to comment Share on other sites More sharing options...
topaz325 Posted October 27, 2020 Report Share Posted October 27, 2020 Hmmm Quote Link to comment Share on other sites More sharing options...
Tsunami Posted October 27, 2020 Report Share Posted October 27, 2020 (edited) 3 hours ago, TotallyHonestJohn said: It may not have happened yet but it will and when it does go you will find it in The (London) Gazette and the link is below https://www.thegazette.co.uk/ Oh and since you asked I have been back on myself to The (London) Gazette site and found no other than the following on the link posted below on the 5th October 2010 which would have been the last time NEWSPEED LIMITED were wound up and NEWSPEED 2003 LIMITED rose out of the ashes I would imagine... but never mind here is your starter for 10 https://www.thegazette.co.uk/notice/L-59566-1217074 I am guessing there will be a press release very soon as it must be imminent... just keep watching your local media channels and as sure as I am a fat lad something will break very soon... Honest... Regards THJ By lad that Screm was quick off the mark Jesus... LOL Bit surprised to see this. I told Geoge and Darryl I intended to retire from Newspeed Ltd in 2003, and I actually gave all my controlling shares free to Daryll. It was me that suggested the new name with 2003 being added as I had read that Bournemouth FC 1964 ? had done it to carry over the goodwill with continued smoother running. Since that time the club has been operating as Newspeed Ltd 2003. Why the original company was not wound up until 2010 puzzles me, as it would not have been trading after 2003. Edited October 27, 2020 by Tsunami Quote Link to comment Share on other sites More sharing options...
Justgotmecpc Posted October 27, 2020 Report Share Posted October 27, 2020 23 minutes ago, topaz325 said: Hmmm Aye a wonder what kind of PIES they had there fingers in Quote Link to comment Share on other sites More sharing options...
Tsunami Posted October 27, 2020 Report Share Posted October 27, 2020 (edited) 21 hours ago, Arson fire said: Sad, very sad.. but not surprising!! I walked away about 4/5 years ago after going for best part of 35 years home and away. Some on here called me worse than sh!te. Whenever i spoke up as a fan you were told how marvelous they are and how grateful we should be.. It was like the freemasons and a them and us set up, had various conversations with promoters and it was obvious the fans were taken for granted and i seen it with my own eyes!! Those that were in the clique were so far up each others ar5es yet were treat like royalty by most. “idiot the fans” was one promoters response to it being pointed out that it was freezing cold and kids were standing around still waiting for a meeting to start 25mins after it was meant to, the charging for the car park that is free at any other time at Brough also rankled, as did the freeloading through the pit gate for mates of the clique. They just expected the merry band of loyal fans to Comply..If they have sold a business and hidden debt from the buyer then the deserve everything they get. Its sheer arrogance and incompetence... and dont even mention the control they wanted over the supporters club a few years ago!! Good luck Rob, you will need it and it will be interesting to hear and see if the usual hangers on have the Bollox to comment? As they certainly had the bollox to defend them whenever i piped up in the past. Rubbish. There were people like the Purvis's and Janet prepared to serve on the Supporters committee and ,in view of the pending cost of the Air Fence, it was time to restart the Supporters Club. Steve Brock asked me to attend the first meeting and chair the meeting to show them have to conduct a meeting. i stayed on for a few meetings, which was now attended by Malla, Gillian F, Ken Davies and Alan Pye, and I was asked if I would stay on, which eventually I agreed to. During the next three years we raised over £8k, and donated £4k to the air fence and were the biggest donators for the air fence. Malla and Jim will tell you there was NO interference by Alan or George, and in fact they turned up for one meeting together just to see us at work. I left after those three years, but unfortunately it didn't continue very long after that which was a great shame as we had worked well. Since then Rachel has tried to get it running again with limited support. Edited October 28, 2020 by Tsunami Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted October 27, 2020 Report Share Posted October 27, 2020 1 hour ago, Tsunami said: Bit surprised to see this. I told Geoge and Darryl I intended to retire from Newspeed Ltd in 2003, and I actually gave all my controlling shares free to Daryll. It was me that suggested the new name with 2003 being added as I had read that Bournemouth FC 1964 ? had done it to carry over the goodwill with continued smoother running. Since that time the club has been operating as Newspeed Ltd 2003. Why the original company was not wound up until 2010 puzzles me, as it would not have been trading after 2003. It was wound up and stopped trading in 2003 and the final winding up hearing didn't take place until 2010... and without delving into the thing fully it's not unusual for these things to take a long time to conclude... A company who owed me an awful lot of cash went pop on the 7th of November 2010 and their affairs weren't wound up until the 28th of January 2019... it's just the process... Regards THJ 1 Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted October 27, 2020 Report Share Posted October 27, 2020 52 minutes ago, Tsunami said: and donated £4k to the air fence and were the biggest donators for the air fence. Malla and Jim will tell you there was NO interference by Alan or George, and in fact they turned up for one Dave I could argue that one mind because I put more than that into the Air Fence fund and that's not including the junk I bought at Auction and Raffle nights... but never mind... and George was trying to manipulate things behind the scenes with his band of little secret (squirrel) service of sycophants and cronies... Arson has some valid points IMHO... Regards THJ 1 Quote Link to comment Share on other sites More sharing options...
Tsunami Posted October 27, 2020 Report Share Posted October 27, 2020 9 minutes ago, TotallyHonestJohn said: Dave I could argue that one mind because I put more than that into the Air Fence fund and that's not including the junk I bought at Auction and Raffle nights... but never mind... and George was trying to manipulate things behind the scenes with his band of little secret (squirrel) service of sycophants and cronies... Arson has some valid points IMHO... Regards THJ Maybe, but not about the Supporters Club, and Malla and Alan Pye would agree with me. Quote Link to comment Share on other sites More sharing options...
Arson fire Posted October 27, 2020 Report Share Posted October 27, 2020 1 hour ago, Tsunami said: Rubbish. There were people like the Purvis's and Janet prepared to serve on the Supporters committee and ,in view of the pending cost of the Air Fence, it was time to restart the Supporters Club. Steve Brock asked me to attend the first meeting and chair the meeting to show them have to conduct a meeting. i stayed on for a few meetings, which was now attended by Malla, Gillian F and Alan Pye, and I was asked if I would stay on, which eventually I agreed to. During the next three years we raised over £8k, and donated £4k to the air fence and were the biggest donators for the air fence. Malla and Jim will tell you there was NO interference by Alan or George, and in fact they turned up for one meeting together to see us at work. I left after those three years, but unfortunately it didn't continue very long after that which was a great shame as we had worked well. Since then Rachel has tried to get it running again with limited support. Half the committee must have been bullsh!tting me then?! I have no reason to believe what i heard and was told were outright lies put it that way...and Yes it was bordering on influence but some strong characters pushed it away!! I also never mentioned or suggested yours and there work was anything other than brilliant.. stop being so defensive for once man Dave. Quote Link to comment Share on other sites More sharing options...
Arson fire Posted October 27, 2020 Report Share Posted October 27, 2020 Just now, Tsunami said: Maybe, but not about the Supporters Club, and Malla and Alan Pye would agree with me. So you chose to pick up on one paragraph of a lengthy post?? What are your feelings about this whole carry on then Dave? Were you aware of these latest developments?? Quote Link to comment Share on other sites More sharing options...
Tsunami Posted October 27, 2020 Report Share Posted October 27, 2020 (edited) 15 hours ago, Arson fire said: Half the committee must have been bullsh!tting me then?! I have no reason to believe what i heard and was told were outright lies put it that way...and Yes it was bordering on influence but some strong characters pushed it away!! I also never mentioned or suggested yours and there work was anything other than brilliant.. stop being so defensive for once man Dave. Well, stop making stupid and uninformed comments. The promotion were pleased at what'we were doing, and it was us that were pulling the strings, not them. Gillian, Alan, Malla, Ken D, Janet and the Purvis's can't say anything different.. Edited October 28, 2020 by Tsunami Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted October 27, 2020 Report Share Posted October 27, 2020 2 minutes ago, Tsunami said: The promotion were pleased at what'we were doing, and it was us that were pulling the strings, not them. Gillian, Alan, Malla, Janet and the Purvis's can't say anything different.. To be fair Dave the supporters club did some sterling work but what caused their demise? Pulling up trees one minute then gone... from the outside looking in; it looked like someone was working agianst them... which was a shame... Regards THJ 1 Quote Link to comment Share on other sites More sharing options...
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