Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 7 hours ago, iainb said: King's Lynn: Premier Trophy Champions: 2006, 2007 & 2009 Young Shield Champions: 2005 K.O. Cup Champions: 2000, 2005 2006, 2007 & 2009Premiership Winners: 2001 Premiership table winners: 2018 Premiership Play-Finalists: 2018 Premiership KO Cup runners-up: 2018 Premier League Champions: 2006 & 2009 Peterborough: Premiership Champions 2021 Also if you could let me know the name of your company just so I can look it up at Companies House Thanks What's all this nonsense to stick in an honours list? Quote Link to comment Share on other sites More sharing options...
truthsayer Posted July 9, 2023 Report Share Posted July 9, 2023 Who would buy a speedway club? It's going to haemorrhage money and you can't even run it like a business, as outside forces tell you how to run your business - what days you can operate, what contractors you can employ, and so on. 1 Quote Link to comment Share on other sites More sharing options...
mikebv Posted July 9, 2023 Report Share Posted July 9, 2023 8 minutes ago, truthsayer said: Who would buy a speedway club? It's going to haemorrhage money and you can't even run it like a business, as outside forces tell you how to run your business - what days you can operate, what contractors you can employ, and so on. And your employees have their own wider agendas, so tell you when you can open for business.. With your existing loyal customers, and any potential new customers, having to accept these opening hours with a "take it or leave it" offering... Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 42 minutes ago, truthsayer said: Who would buy a speedway club? It's going to haemorrhage money and you can't even run it like a business, as outside forces tell you how to run your business - what days you can operate, what contractors you can employ, and so on. A serious businessman looking for a tax break on other businesses 1 Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 1 hour ago, Speedtiger said: Kings Lynn 2023 Bust ? Peterborough 2023 Bust ? You can't have it both ways... and your business credentials? Quote Link to comment Share on other sites More sharing options...
Roger Jacobs Posted July 9, 2023 Report Share Posted July 9, 2023 25 minutes ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses The key element of all this is that in many cases there's nothing to buy. What price would you put on, for example, Ipswich? Quote Link to comment Share on other sites More sharing options...
arnieg Posted July 9, 2023 Report Share Posted July 9, 2023 (edited) 4 hours ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses No serious business person would buy a speedway promotion just to generate tax losses. They would have to lose £40k to save £10k in corporation tax, costing £30k net. A serious speedway fan who is in business might though because it would only cost them £30k to pour £40k in to the money pit that is promoting British speedway. Edited July 9, 2023 by arnieg 2 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 1 minute ago, Roger Jacobs said: The key element of all this is that in many cases there's nothing to buy. What price would you put on, for example, Ipswich? That's correct, Louis no longer owns the stadium do they? I think Speedworth bought that? As a new owner, you're probably just purchasing the bond, licence, assets then may be £20k for the name. £50-£70k all in Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 1 minute ago, Daniel Smith said: That's correct, Louis no longer owns the stadium do they? I think Speedworth bought that? As a new owner, you're probably just purchasing the bond, licence, assets then may be £20k for the name. £50-£70k all in Don't forget the clapped out old tractors... they must be worth quite a bit at the vintage classic tractor auctions Quote Link to comment Share on other sites More sharing options...
Speedtiger Posted July 9, 2023 Report Share Posted July 9, 2023 1 hour ago, iainb said: You can't have it both ways... and your business credentials? My business credentials are irrelevant and please don’t try to shoot the messenger. The fact is the financial mess at KL and PB (plus the farcical mismanagement during his time at BSPA) is all down to Chapman. He is the owner and he has the full responsibility and no one else. 2 Quote Link to comment Share on other sites More sharing options...
IainB Posted July 9, 2023 Report Share Posted July 9, 2023 (edited) 13 minutes ago, Speedtiger said: My business credentials are irrelevant and please don’t try to shoot the messenger. The fact is the financial mess at KL and PB (plus the farcical mismanagement during his time at BSPA) is all down to Chapman. He is the owner and he has the full responsibility and no one else. So, really you have no business credentials, yet are happy to criticise him for for his "very limited business acumen". And what exactly is the financial mess at KL? Have you thought that Buster may need to liquidate some of his assets and/or move actual cash into the club, to dig the club out of the mess it has clearly been left in? This is not the work of a moment. The "incompetent fool Chapman" has kept Lynn in business for over 30 years, and saved Peterborough. This is not speculation or hear-say it is a fact. Yet many on here want to see him out of the sport... and for who? Nobody is queuing up to buy these clubs, there's some show ponies who are talking the talk, but when push comes to shove are not walking the walk Edited July 9, 2023 by iainb 3 1 Quote Link to comment Share on other sites More sharing options...
Daniel Smith Posted July 9, 2023 Report Share Posted July 9, 2023 6 minutes ago, iainb said: So, really you have no business credentials, yet are happy to criticise him for for his "very limited business acumen". And what exactly is the financial mess at KL? Have you thought that Buster may need to liquidate some of his assets and/or move actual cash into the club, to dig the club out of the mess it has clearly been left in? This is not the work of a moment. The "incompetent fool Chapman" has kept Lynn in business for over 30 years, and saved Peterborough. This is not speculation or hear-say it is a fact. Yet many on here want to see him out of the sport... and for who? Nobody is queuing up to buy these clubs, there's some show ponies who are talking the talk, but when push comes to shove are not walking the walk He didn't save Peterborough. He bought it to save the Premiership & it's TV deal 3 Quote Link to comment Share on other sites More sharing options...
Grand Central Posted July 9, 2023 Report Share Posted July 9, 2023 2 hours ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses You clearly have no understanding of what you think a 'Tax Break' is. 1 Quote Link to comment Share on other sites More sharing options...
Toady Posted July 9, 2023 Report Share Posted July 9, 2023 19 minutes ago, Daniel Smith said: He didn't save Peterborough. He bought it to save the Premiership & it's TV deal So I guess he saved it by default then 1 Quote Link to comment Share on other sites More sharing options...
Sir Sidney Posted July 9, 2023 Report Share Posted July 9, 2023 2 hours ago, Daniel Smith said: A serious businessman looking for a tax break on other businesses Can you explain how you think that works? The businessman would surely make a net loss on the deal 1 Quote Link to comment Share on other sites More sharing options...
scoobydoo Posted July 9, 2023 Report Share Posted July 9, 2023 2 hours ago, Roger Jacobs said: The key element of all this is that in many cases there's nothing to buy. What price would you put on, for example, Ipswich? After 25 years of hoping this season we win a league title without any success, id call it PRICELESS myself 1 Quote Link to comment Share on other sites More sharing options...
dontforgetthefueltapsbruv Posted July 9, 2023 Report Share Posted July 9, 2023 24 minutes ago, scoobydoo said: After 25 years of hoping this season we win a league title without any success, id call it PRICELESS myself There's the irony.... In that time we have had Rickardsson Gollob Louus Loram Nicholls Doyle Sayfutdinov etc We have also traditionally had great levels of support with arguably the largest consistent attendances of any club We have been fortunate with great sponsors even before Guy and TRU from the likes of Woodward , Sackers etc Ipswich is currently very stable and secure but have won pretty much eff all 1 Quote Link to comment Share on other sites More sharing options...
Bald Bloke Posted July 9, 2023 Report Share Posted July 9, 2023 4 hours ago, truthsayer said: Who would buy a speedway club? It's going to haemorrhage money and you can't even run it like a business, as outside forces tell you how to run your business - what days you can operate, what contractors you can employ, and so on. Tomalin said he wanted to buy PB pre season, and still wants it apparently. £40k is "chump change" to him , " just one of his cars" it has been said. As a big Panthers fan, who has built an "empire" his words, he could buy it now. After all he could probably buy it with the sponsor money that he apparently hasn't paid, after falling out with Buster. Quote Link to comment Share on other sites More sharing options...
Flappy Posted July 9, 2023 Report Share Posted July 9, 2023 9 minutes ago, Bald Bloke said: Tomalin said he wanted to buy PB pre season, and still wants it apparently. £40k is "chump change" to him , " just one of his cars" it has been said. As a big Panthers fan, who has built an "empire" his words, he could buy it now. After all he could probably buy it with the sponsor money that he apparently hasn't paid, after falling out with Buster. Or pick it up for free Quote Link to comment Share on other sites More sharing options...
Bald Bloke Posted July 9, 2023 Report Share Posted July 9, 2023 2 hours ago, iainb said: So, really you have no business credentials, yet are happy to criticise him for for his "very limited business acumen". And what exactly is the financial mess at KL? Have you thought that Buster may need to liquidate some of his assets and/or move actual cash into the club, to dig the club out of the mess it has clearly been left in? This is not the work of a moment. The "incompetent fool Chapman" has kept Lynn in business for over 30 years, and saved Peterborough. This is not speculation or hear-say it is a fact. Yet many on here want to see him out of the sport... and for who? Nobody is queuing up to buy these clubs, there's some show ponies who are talking the talk, but when push comes to shove are not walking the walk PB was going to drop down, and Buster bought them to keep the Prem going. But as you say about Lynn, is a fact, and there wouldn't of been a Prem with a TV deal if it wasn't for him buying PB. So putting his money where his mouth is. And he wasn't doing to make a profit with the state speedway was/is in .Unlike some wanna be owner. I've said enough on that one. He's not perfect by a long way. PB fans can't wait to blame him for everything, PB and Lynn. I know he owns them, but there has been a lot of goings on that, i'm sure are not all Busters fault at PB.. As for Lynn. He's been chucked in the deep end by Alex, who was running Lynn, including team building, and paying the riders. He's trying to save the Stars again. Easy target i guess. 2 Quote Link to comment Share on other sites More sharing options...
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