screm Posted September 15, 2021 Report Share Posted September 15, 2021 23 hours ago, diamonds7 said: hi john when is the latest date for a sale/takeover is it before the AGM ? THANKS Newcastle Speedway would have to give an intention of running next season at this years AGM, that doesnt mean the speedway would have to be bought by the time of the AGM just an intention of running. 1 Quote Link to comment Share on other sites More sharing options...
Gaz Posted September 15, 2021 Report Share Posted September 15, 2021 3 minutes ago, screm said: Newcastle Speedway would have to give an intention of running next season at this years AGM, that doesnt mean the speedway would have to be bought by the time of the AGM just an intention of running. When is the AGM normally? December / January? Quote Link to comment Share on other sites More sharing options...
diamonds7 Posted September 15, 2021 Report Share Posted September 15, 2021 11 minutes ago, screm said: Newcastle Speedway would have to give an intention of running next season at this years AGM, that doesnt mean the speedway would have to be bought by the time of the AGM just an intention of running. thanks screm Quote Link to comment Share on other sites More sharing options...
screm Posted September 15, 2021 Report Share Posted September 15, 2021 2 hours ago, Gaz said: When is the AGM normally? December / January? Normally the AGM is around middle of November but there`s usually a pre-AGM a few weeks earlier. 1 Quote Link to comment Share on other sites More sharing options...
The White Knight Posted September 15, 2021 Report Share Posted September 15, 2021 On 9/13/2021 at 4:51 PM, HertsRacer said: Very sad news. Remember moving to the North East in 1970 just in time for their last meeting before they closed. The place was virtually deserted then and it seems Newcastle has fallen out of love with speedway again. Hopefully it's not too late to save it. If not, any chance of Sunderland staging speedway again? Sadly, I doubt it. Rental there would be very steep, I suspect. That is if they would allow it in the first place. My hopes for that died years ago. I would though. like to say, that I hope a way can be found to rescue Newcastle Speedway. I am keeping my fingers crossed that a Promoter will step forward. Good luck to all Newcastle Supporters at this desperate time. I have been through this twice so I know exactly how you feel. Even after fifty years I still feel the loss of 'my Team'. Very best wishes to all Supporters of Newcastle 'Diamonds'. My thoughts and hopes are with you. 3 Quote Link to comment Share on other sites More sharing options...
scampispeedway Posted September 15, 2021 Report Share Posted September 15, 2021 (edited) For information Sunderland Greyhound Stadium is owned by the same company as Brough Park (ARC) so if they did allow speedway to return, they no doubt would charge the same sort of rental as Brough Park. For the historians Sunderland ran for a short while in 1964 and we got Ken Sharples when they closed which allowed us to win the Provincial League and when Newcastle closed in 1970 because the British League Licence was transferred to Reading who were getting larger crowds and the Stadium Manager at Brough Park said it had to be British League or nothing and so ended another era. The Berwick Promoter Mrs Taylor jumped in at Sunderland and I remember going once to see the Sunderland vs Rayleigh match in 1971 which the away team won, my main objection for not returning was the cost of entry which in old money was 8 shillings and sixpence as against 6 shillings and sixpence, the previous year. They ran from 1971-1974 and then Ian Thomas won the battle to stage Speedway at Newcastle which had become available and under his promotion ran for several years with great success until the decision to go up to the British League in 1984 which cost him loads of money and we closed again Edited September 15, 2021 by scampispeedway 1 Quote Link to comment Share on other sites More sharing options...
Tosh1218 Posted September 15, 2021 Report Share Posted September 15, 2021 Rental is £100O per meeting Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted September 15, 2021 Report Share Posted September 15, 2021 21 minutes ago, Tosh1218 said: Rental is £100O per meeting Where or what is £1000 per meeting... Quote Link to comment Share on other sites More sharing options...
ruffdiamond Posted September 15, 2021 Report Share Posted September 15, 2021 37 minutes ago, Tosh1218 said: Rental is £100O per meeting and the rest. Quote Link to comment Share on other sites More sharing options...
StevePark Posted September 15, 2021 Author Report Share Posted September 15, 2021 1 hour ago, scampispeedway said: For information Sunderland Greyhound Stadium is owned by the same company as Brough Park (ARC) so if they did allow speedway to return, they no doubt would charge the same sort of rental as Brough Park. For the historians Sunderland ran for a short while in 1964 and we got Ken Sharples when they closed which allowed us to win the Provincial League and when Newcastle closed in 1970 because the British League Licence was transferred to Reading who were getting larger crowds and the Stadium Manager at Brough Park said it had to be British League or nothing and so ended another era. The Berwick Promoter Mrs Taylor jumped in at Sunderland and I remember going once to see the Sunderland vs Rayleigh match in 1971 which the away team won, my main objection for not returning was the cost of entry which in old money was 8 shillings and sixpence as against 6 shillings and sixpence, the previous year. They ran from 1971-1974 and then Ian Thomas won the battle to stage Speedway at Newcastle which had become available and under his promotion ran for several years with great success until the decision to go up to the British League in 1984 which cost him loads of money and we closed again George Graham was Ian's co-promoter at the start of 1975 season. George had been promoter at Barrow, which is how we got Tom and Joe to ride at Brough. Quote Link to comment Share on other sites More sharing options...
TotallyHonestJohn Posted September 15, 2021 Report Share Posted September 15, 2021 Would there be much interest in putting together a package of support from the fans? Would there be any value in a meeting upstairs in the bar after the Birmingham meeting... are there enough like-minded people who have funds to invest in a lost cause to try and save the Diamonds? Something along the lines of a Debenture say.... however unlike a Debenture there are very limited assets to repay the loan... people would have to loan the money on the understanding that if the new venture is unsuccessful the money is lost and there may (probably) be the need to top up this Debenture on a regular basis... However this would be on the premise that we leave for our own home ASAP and a share issue is made against loans? Is it worth a try or do we just roll over and pray to the Gods that someone comes in on an off chance... Any thoughts or interest from other like-minded companies or individuals?... Regards THJ 4 Quote Link to comment Share on other sites More sharing options...
Terrace Grumbler Posted September 15, 2021 Report Share Posted September 15, 2021 19 minutes ago, TotallyHonestJohn said: Would there be much interest in putting together a package of support from the fans? Would there be any value in a meeting upstairs in the bar after the Birmingham meeting... are there enough like-minded people who have funds to invest in a lost cause to try and save the Diamonds? Something along the lines of a Debenture say.... however unlike a Debenture there are very limited assets to repay the loan... people would have to loan the money on the understanding that if the new venture is unsuccessful the money is lost and there may (probably) be the need to top up this Debenture on a regular basis... However this would be on the premise that we leave for our own home ASAP and a share issue is made against loans? Is it worth a try or do we just roll over and pray to the Gods that someone comes in on an off chance... Any thoughts or interest from other like-minded companies or individuals?... Regards THJ In a word, yes. TG 1 1 Quote Link to comment Share on other sites More sharing options...
topsoil Posted September 15, 2021 Report Share Posted September 15, 2021 21 minutes ago, TotallyHonestJohn said: Would there be much interest in putting together a package of support from the fans? Would there be any value in a meeting upstairs in the bar after the Birmingham meeting... are there enough like-minded people who have funds to invest in a lost cause to try and save the Diamonds? Something along the lines of a Debenture say.... however unlike a Debenture there are very limited assets to repay the loan... people would have to loan the money on the understanding that if the new venture is unsuccessful the money is lost and there may (probably) be the need to top up this Debenture on a regular basis... However this would be on the premise that we leave for our own home ASAP and a share issue is made against loans? Is it worth a try or do we just roll over and pray to the Gods that someone comes in on an off chance... Any thoughts or interest from other like-minded companies or individuals?... Regards THJ Or form a Limited Company with a large share issue? Fans can then buy shares with spare cash whenever they want, on the understanding that the shares have little value and the chance of a return is minute. In other words they are effectively making a donation to the club. You may think it sounds crazy, where will you get people with money to throw away, but i've seen a few sports clubs funded this way. 2 Quote Link to comment Share on other sites More sharing options...
mikebv Posted September 15, 2021 Report Share Posted September 15, 2021 (edited) Could you get 250 people/companies paying £25 a week/£100 a month by DD for 100 shares per month. ? That's £25k a month coming in if you could. Maybe offering "Free" admission for that "investment" to each fan. And "Free" advertising for the companies around the stadium . Surely 250 people in a conurbation the size of Newcastle could be found who would like the sport to continue and could stump up £25 a week? Might need local media involvement and a certain Premier League Football Club may be able to help get the message out/put their hands in their pockets. Nothing ventured, etc etc NB. Maybe get Nicki P contacted to do some media work around the closure, someone must have a contact for him. He might also be the first to stump up some cash, given the push the Diamonds gave his career; and start the ball rolling. .. Edited September 15, 2021 by mikebv 6 Quote Link to comment Share on other sites More sharing options...
JamesHarris Posted September 15, 2021 Report Share Posted September 15, 2021 I know I'll get shot down for this but IMO Newcastle speedway is a dead donkey. Mr Grant has done a great job and must be applauded for the job he has done considering how he was screwed over by the last promotion. But the track at Brough Park has always been small and technical and I have to say not great for flat out racing. I do apologise but I have never witnessed a brilliant meeting at Brough. The stadium is a relic of the past. Times change and unfortunately Brough Park hasn't. 1 Quote Link to comment Share on other sites More sharing options...
Justgotmecpc Posted September 15, 2021 Report Share Posted September 15, 2021 (edited) Well all I'm going to say before I get me head down for another 16 hour shift tomorrow.. is that the previous promotion should ( hopefully ) be brought to justice for f@@king rob grant junior over & all there hangers ons ( & yes yous know who yous are ) let's hope the VAT men take them all the way to the cleaners & hopefully a few days months or even years in the big house is just what they deserve as they have took the p@ss out of the supporters for years at Newcastle speedway judging by what has gone on before our new owners took it on Edited September 15, 2021 by Justgotmecpc 4 1 Quote Link to comment Share on other sites More sharing options...
sidewinder Posted September 15, 2021 Report Share Posted September 15, 2021 10 minutes ago, JamesHarris said: I know I'll get shot down for this but IMO Newcastle speedway is a dead donkey. Mr Grant has done a great job and must be applauded for the job he has done considering how he was screwed over by the last promotion. But the track at Brough Park has always been small and technical and I have to say not great for flat out racing. I do apologise but I have never witnessed a brilliant meeting at Brough. The stadium is a relic of the past. Times change and unfortunately Brough Park hasn't. Sadly, I have to agree with you. Brough park, is a relic of a bygone era and not suitable for exciting racing (modern day style). If speedway in Newcastle, is to flourish again. It has to be away from Brough. Anything else is sticking a plaster over a major injury and ultimately doomed to failure. 2 Quote Link to comment Share on other sites More sharing options...
Gaz Posted September 15, 2021 Report Share Posted September 15, 2021 (edited) 2 hours ago, mikebv said: Could you get 250 people/companies paying £25 a week/£100 a month by DD for 100 shares per month. ? That's £25k a month coming in if you could. Maybe offering "Free" admission for that "investment" to each fan. And "Free" advertising for the companies around the stadium . Surely 250 people in a conurbation the size of Newcastle could be found who would like the sport to continue and could stump up £25 a week? Might need local media involvement and a certain Premier League Football Club may be able to help get the message out/put their hands in their pockets. Nothing ventured, etc etc NB. Maybe get Nicki P contacted to do some media work around the closure, someone must have a contact for him. He might also be the first to stump up some cash, given the push the Diamonds gave his career; and start the ball rolling. .. This sounds like a good idea.. I couldn’t afford the other option but I think people would probably get involved this way and surely even 500-1000 people would pay a lesser amount per week/month to keep Newcastle speedway open. The go fund me page showed how much people were willing to help Newcastle speedway and think it’s a great idea if enough interested people. We have to try something as can’t let speedway die in Newcastle.. Edited September 16, 2021 by Gaz 2 Quote Link to comment Share on other sites More sharing options...
Diamonds85 Posted September 16, 2021 Report Share Posted September 16, 2021 (edited) I would be willing to pay up to £1000 as one upfront cost (not much I know, but as much as I could afford) and maybe £100 (maybe even more if I can persuade family members and friends to support too) a month from there on. If something like what THJ has suggested can be put in place... i dont have a business to promote or anything really, just want to see my club survive. I have some speedway spares and memorabilia I would happily donate to some kind of fund raising event to help save the club on the premise that we definitely operate in 2022... maybe a pre season event after we name our team? Hopefully with view of the long term moving to our own track for 2023? The support is there from a handful of fans, and if we can muster up enough budget to put a decent team together, the paying numbers will come from there... I just hope we can find a figurehead to put all of this together, as I have zero knowledge (or time) in business and I am too young to have any experience in the field... Edited September 16, 2021 by Diamonds85 5 Quote Link to comment Share on other sites More sharing options...
diamonds7 Posted September 16, 2021 Report Share Posted September 16, 2021 8 hours ago, mikebv said: Could you get 250 people/companies paying £25 a week/£100 a month by DD for 100 shares per month. ? That's £25k a month coming in if you could. Maybe offering "Free" admission for that "investment" to each fan. And "Free" advertising for the companies around the stadium . Surely 250 people in a conurbation the size of Newcastle could be found who would like the sport to continue and could stump up £25 a week? Might need local media involvement and a certain Premier League Football Club may be able to help get the message out/put their hands in their pockets. Nothing ventured, etc etc NB. Maybe get Nicki P contacted to do some media work around the closure, someone must have a contact for him. He might also be the first to stump up some cash, given the push the Diamonds gave his career; and start the ball rolling. .. i like the £25.00 a week idea Good idea , but would that be keeping rob on board or finding a new promoter ?? 2 Quote Link to comment Share on other sites More sharing options...
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