Birmingham Speedway

[noaksey]

  On 10/6/2024 at 2:13 PM, Pauldoveyspeedway said:

It doesnt look good for Brum ..Its gone very quiet  at Wolves wonder if there is any hope of a new stadium?????..Any takers ????

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No news at all, anything that might even be possible is many years away at best 

[GeneralMelchett]

  On 10/3/2024 at 8:38 PM, Racin Jason 72 said:

To blame the away fixtures for cash flow is ridiculous. They have had equal amount of home and away fixtures over the course of a season. 
Why would anyone invest in a team who only have a year left to run ? That’s not an investment that’s a donation ! 
 

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ok indulge me why?

What he said made perfect sense to me as someone who has run businesses for the last 20 odd years - cashflow kills many a business!

[GeneralMelchett]

  On 10/6/2024 at 6:58 PM, noaksey said:

No news at all, anything that might even be possible is many years away at best 

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I hope Wolves fans get another track but like Lakeside and others I cant see it happening anytime soon, would love to be wrong!

[Racin Jason 72]

  On 10/7/2024 at 12:27 PM, GeneralMelchett said:

ok indulge me why?

What he said made perfect sense to me as someone who has run businesses for the last 20 odd years - cashflow kills many a business!

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Because the fixtures were known well in advance so hardly a surprise. 

[GeneralMelchett]

  On 10/7/2024 at 3:09 PM, Racin Jason 72 said:

Because the fixtures were known well in advance so hardly a surprise. 

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But that's not quite what he said! He said that the later run fixtures particularly Kings Lynn (at home) had been poorly attended, this bit is only alluded to admittedly that coupled with 5 away matches inside one month had hit the cashflow. We can all budget and hope that reality meets our expectations - clearly it did not for them! As the saying goes no plan survives contact!

[1 valve]

  On 10/7/2024 at 3:09 PM, Racin Jason 72 said:

Because the fixtures were known well in advance so hardly a surprise. 

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The season did not run according to the original fixture list due to home postponements which when eventually staged, were run with lower attendance than was forecast/expected. They also (most probably) had to meet extra cost than budgeted for the new no. one drafted in at the latter stages of the season.  
The issue facing speedway promotions in running teams is, as we all know, dependent on home income funding not only the cost of those meetings but also the primarily riders costs, for away meetings. Thus if there is a prolonged run of away meetings the promotion has to rely on reserve funds/overdraft/loans/own money to meet those costs not covered by expected income. In Birmingham's case it would appear that when the home meetings subsequent to the away run were held they did not recover the overall cost previously expended.
Fairly clear and obvious that Birmingham, from a financial perspective has had to run as close the bone as possible during 2024 and on top of this unfortunately factors transpired against their best intentions and hopes resulting in the current precarious position the promotion finds itself in.

[ONTWOMINUTES]

  On 10/7/2024 at 4:00 PM, 1 valve said:

The season did not run according to the original fixture list due to home postponements which when eventually staged, were run with lower attendance than was forecast/expected. They also (most probably) had to meet extra cost than budgeted for the new no. one drafted in at the latter stages of the season.  
The issue facing speedway promotions in running teams is, as we all know, dependent on home income funding not only the cost of those meetings but also the primarily riders costs, for away meetings. Thus if there is a prolonged run of away meetings the promotion has to rely on reserve funds/overdraft/loans/own money to meet those costs not covered by expected income. In Birmingham's case it would appear that when the home meetings subsequent to the away run were held they did not recover the overall cost previously expended.
Fairly clear and obvious that Birmingham, from a financial perspective has had to run as close the bone as possible during 2024 and on top of this unfortunately factors transpired against their best intentions and hopes resulting in the current precarious position the promotion finds itself in.

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It won't come as a shock to anyone if Birmingham closes .

[Fromafar]

  On 10/7/2024 at 5:35 PM, ONTWOMINUTES said:

It won't come as a shock to anyone if Birmingham closes .

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Flogging a dead horse.IMO. Sadly

[Hackett]

It come as no surprise that Birmingham is likely to close. The crowds have been poor for a number of years and with the Perry Barr Greyhound news was always facing an uphill battle. 

[*JJ]

  On 10/7/2024 at 9:22 PM, Hackett said:

It come as no surprise that Birmingham is likely to close. The crowds have been poor for a number of years and with the Perry Barr Greyhound news was always facing an uphill battle. 

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In reality, the crowds were very much better this year than for a long time.

[Youhave2minutes]

  On 10/8/2024 at 9:31 AM, *JJ said:

In reality, the crowds were very much better this year than for a long time.

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But is the crowds sufficient?

[Petecc]

  On 10/8/2024 at 10:03 AM, Youhave2minutes said:

But is the crowds sufficient?

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Doesn't matter how big the crowds are, everyone would want more.

[Youhave2minutes]

  On 10/8/2024 at 10:50 AM, Petecc said:

Doesn't matter how big the crowds are, everyone would want more.

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More what

[1 valve]

  On 10/8/2024 at 9:31 AM, *JJ said:

In reality, the crowds were very much better this year than for a long time.

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Which is good news.
But as the promotion has recently stated, the overall level this year, although better then in recent times have still not been at a level to meet the running costs. 
If there is to be a 2025 season at Perry Barr, the promoters (and everybody else) know that it will be the last season due to the unavailability of the stadium and in which case, is there a worthwhile reason for running a team with the prospect of losing more money and with no chance of recouping that loss in future years? 

[rearingtogo]

  On 10/8/2024 at 11:11 AM, 1 valve said:

Which is good news.
But as the promotion has recently stated, the overall level this year, although better then in recent times have still not been at a level to meet the running costs. 
If there is to be a 2025 season at Perry Barr, the promoters (and everybody else) know that it will be the last season due to the unavailability of the stadium and in which case, is there a worthwhile reason for running a team with the prospect of losing more money and with no chance of recouping that loss in future years? 

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Back to championship it is then. Go out with a bang

[FishersGate]

I wonder if this announcement has changed building plans, not just for the brummies but also everyone else's. I imagine Brennan is getting a phone call from every club in the Premiership 

[GiveusaB]

  On 10/8/2024 at 11:57 AM, FishersGate said:

I wonder if this announcement has changed building plans, not just for the brummies but also everyone else's. I imagine Brennan is getting a phone call from every club in the Premiership 

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Prediction?.... Ipswich!

[Petecc]

  On 10/8/2024 at 10:54 AM, Youhave2minutes said:

More what

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Clearly more crowd, spectators ,fans 

[Badge]

 

[GiveusaB]

  On 10/8/2024 at 11:36 AM, rearingtogo said:

Back to championship it is then. Go out with a bang

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Cant, due to race night restrictions!