Post by admin on Jun 19, 2015 7:08:16 GMT
PROMOTERS at cash-strapped Plymouth Devils are ready to make an urgent plea to league bosses to help them cut costs.
Devils were on the verge of financial collapse until Exeter businessman Allen Trump agreed to pump cash into the Premier League club to keep them afloat until the end of the season.
Premier League clubs are due to meet in late August to discuss agenda items for their annual general meeting later in the year.
An item likely to be top of that agenda is a restructuring of the league to cut costs.
Concern has been growing among member clubs over spiralling wages for some Premier League riders.
It is understood that clubs in the Premier – the second tier of speedway in the UK – are forking out as much in wages as some clubs in the Elite League, the top strata in the sport.
An unwelcome gulf is also opening up in the standard of riding between the lowest rung of the speedway ladder, the National League and clubs in the Premier.
Premier clubs regularly use National League replacements for injured or unavailable Premier riders.
It has become clear that the ‘guests’ from the National are not good enough to compete on equal terms in the Premier.
That means that it is becoming increasingly difficult for home-grown riders entering the sport at National level to progress their careers into the Premier.
Trump’s involvement with the Devils was revealed nearly a month ago by Herald Sport.
Trump, previously involved in speedway at Oxford and Coventry, indicated that the club could have closed within a week because of its financial position.
The businessman had been in the frame to completely take over the club, but that scenario has been shelved until this season ends.
After that, further discussions will be held over whether Trump, who also fronted an ultimately unsuccessful attempt to resuscitate Exeter Falcons after their closure in 2005, will officially take the club over.
Devils co-promoter Ashley Taylor said he was confident that the club would get to the end of the season.
Taylor said: “The most important thing is that we get to the end of the season, then we will see where we are.
“We know that it is not just us – there are several other clubs with the same concerns.”
When asked if Trump would be taking over the club, Taylor said: “It’s not being talked about at the moment – at the end of the season, it will all go into the melting pot anyway.”
Plymouth Herald
Devils were on the verge of financial collapse until Exeter businessman Allen Trump agreed to pump cash into the Premier League club to keep them afloat until the end of the season.
Premier League clubs are due to meet in late August to discuss agenda items for their annual general meeting later in the year.
An item likely to be top of that agenda is a restructuring of the league to cut costs.
Concern has been growing among member clubs over spiralling wages for some Premier League riders.
It is understood that clubs in the Premier – the second tier of speedway in the UK – are forking out as much in wages as some clubs in the Elite League, the top strata in the sport.
An unwelcome gulf is also opening up in the standard of riding between the lowest rung of the speedway ladder, the National League and clubs in the Premier.
Premier clubs regularly use National League replacements for injured or unavailable Premier riders.
It has become clear that the ‘guests’ from the National are not good enough to compete on equal terms in the Premier.
That means that it is becoming increasingly difficult for home-grown riders entering the sport at National level to progress their careers into the Premier.
Trump’s involvement with the Devils was revealed nearly a month ago by Herald Sport.
Trump, previously involved in speedway at Oxford and Coventry, indicated that the club could have closed within a week because of its financial position.
The businessman had been in the frame to completely take over the club, but that scenario has been shelved until this season ends.
After that, further discussions will be held over whether Trump, who also fronted an ultimately unsuccessful attempt to resuscitate Exeter Falcons after their closure in 2005, will officially take the club over.
Devils co-promoter Ashley Taylor said he was confident that the club would get to the end of the season.
Taylor said: “The most important thing is that we get to the end of the season, then we will see where we are.
“We know that it is not just us – there are several other clubs with the same concerns.”
When asked if Trump would be taking over the club, Taylor said: “It’s not being talked about at the moment – at the end of the season, it will all go into the melting pot anyway.”
Plymouth Herald