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British Speedway statement


MattB

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1 hour ago, topsoil said:

I'm glad you have decided you are "right". 

So, as the "clueless clowns" (and I would be interested to know who your "some" are), don't have an answer, I'm interested in what your recovery plan would be.

Yeah I’m right about who’s to blame, you only have to see the damage they done and were speedway is currently. As far as my recovery plan, I’m not running the sport, it’s for them lot to figure that out! 

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  • 1 month later...
On 11/18/2021 at 6:34 PM, Skidder1 said:

So its confirmed the AGM is on 7th December - the deadline for Brummies and Kent to declare.

Its primarily to cover any financial and last minute issues as all the team building points/rules & regs etc have already been agreed amongst promotions.

Why doesn't this apply to poole?

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With the rising costs in utilities , petrol, food, etc  will this have an affect on Speedway attendances and the entertainment industry in general with people having to decide even more so to pick and choose which if any meeting they attend.

What more can promoters do to attract people through the gates on an already tight budget.

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Value for money.  Yes, people will be tightening their belt, no doubt about it. We started couple weeks before Xmas, glad we have hide a long stretch of mild weather. Instead of turning on the heat we put extra jumper on.              
A smart run meeting would be a good start, meetings 2+ hours is not on at any time, never mind a cold wet March/April night. Keep the pit gates closed if tapes broke etc, riders straight to the tapes.                     
By all means sell a full program, but provide a race sheet only for a nominal 20p or free.

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2 hours ago, topaz325 said:

With the rising costs in utilities , petrol, food, etc  will this have an affect on Speedway attendances and the entertainment industry in general with people having to decide even more so to pick and choose which if any meeting they attend.

What more can promoters do to attract people through the gates on an already tight budget.

There will be whole sectors of the economy facing huge challenges...

With the 'entertainment' sector in particular being hit massively I would suggest..

"Fortunately" for Speedway its demographic of mainly "grey pound" spenders might help it deflect some impact?

In the past, the country it has been said, has "sleep walked" into recession...

No one is sleep walking into what is ahead...

For many, families in particular, after food and clothing, mortgage/rent, utility bills/council tax, car, mobile phones, broadband, sat tv etc etc have been paid for, not much will be left I would suggest for a lot of families. (Maybe not enough even exists in the first place)..

They may even need their "grey pound" spending relatives to help...

Not sure paying people 12 months money for working 6 will be too sustainable to be honest, (if it ever was)...

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1 hour ago, mikebv said:

There will be whole sectors of the economy facing huge challenges...

With the 'entertainment' sector in particular being hit massively I would suggest..

"Fortunately" for Speedway its demographic of mainly "grey pound" spenders might help it deflect some impact?

In the past, the country it has been said, has "sleep walked" into recession...

No one is sleep walking into what is ahead...

For many, families in particular, after food and clothing, mortgage/rent, utility bills/council tax, car, mobile phones, broadband, sat tv etc etc have been paid for, not much will be left I would suggest for a lot of families. (Maybe not enough even exists in the first place)..

They may even need their "grey pound" spending relatives to help...

Not sure paying people 12 months money for working 6 will be too sustainable to be honest, (if it ever was)...

I,m one of the “Grey pound “ people, I took early retirement .

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4 hours ago, topaz325 said:

With the rising costs in utilities , petrol, food, etc  will this have an affect on Speedway attendances and the entertainment industry in general with people having to decide even more so to pick and choose which if any meeting they attend.

What more can promoters do to attract people through the gates on an already tight budget.

The financial crash of 2008 had a marked effect on attendance at some tracks but the impact was softened by interest rates reducing to near zero putting money into peoples pockets.

Sadly that’s not going to happen this time but let’s hope their savings will compensate for this!

 

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Just now, GWC said:

The financial crash of 2008 had a marked effect on attendance at some tracks but the impact was softened by interest rates reducing to near zero putting money into peoples pockets.

Sadly that’s not going to happen this time but let’s hope their savings will compensate for this!

 

I agree about the savings but the interest rate will not go up   Significantly any time soon which is wrong , as someone said on the radio this morning the banks have plenty of government money....did I hear that right.

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22 minutes ago, topaz325 said:

I agree about the savings but the interest rate will not go up   Significantly any time soon which is wrong , as someone said on the radio this morning the banks have plenty of government money....did I hear that right.

In 2008 the Govt gave the banks billions...

Maybe this time they will give the public billions to keep the economy going? 

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2 minutes ago, mikebv said:

In 2008 the Govt gave the banks billions...

Maybe this time they will give the public billions to keep the economy going? 

I think we all know the answer to that one Mike!

Governments pumped billions into the system just to stand still but we the public pay for it.

A system run on ‘confidence’ will always have crashes - and a very small minority profit.

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26 minutes ago, mikebv said:

In 2008 the Govt gave the banks billions...

Maybe this time they will give the public billions to keep the economy going? 

 

19 minutes ago, GWC said:

I think we all know the answer to that one Mike!

Governments pumped billions into the system just to stand still but we the public pay for it.

A system run on ‘confidence’ will always have crashes - and a very small minority profit.

The government made a healthy profit on much of its injection into the banks

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