Post by speedyguy on Nov 15, 2019 21:16:40 GMT
Diamond's Statement
Friday 15th November 2019, 16:40 UK
NEWCASTLE Speedway can announce they are seeking an extension of time as they look to confirm their participation in the 2020 Championship.
Co-promoter George English attended the first day of this week’s BSPA AGM in Coventry on Wednesday (Nov 13), when all business from the 2019 season was concluded.
However, the club are not at this stage in a position to declare their firm intention to run next year, and have asked the Association to grant them additional time.
The club requires new investment and fresh ideas in order to move forward in the present-day climate, and work is taking place to that end.
Talks are ongoing between the promotion and potential investors, as well as stadium landlords, and at this stage time is required in order to re-group from a testing 2019 season and focus on the ways in which to move forward.
Supporters can be assured that every effort is being made to bring the current situation to a positive conclusion, and they will have a major part to play should the green light be given for the Diamonds to continue into next year.
We do, though, feel it is important that they are kept fully aware of what will be the likely position later today when the BSPA issue their post-AGM statement, and we will keep everyone in touch as and when there are further developments.
Friday 15th November 2019, 16:40 UK
NEWCASTLE Speedway can announce they are seeking an extension of time as they look to confirm their participation in the 2020 Championship.
Co-promoter George English attended the first day of this week’s BSPA AGM in Coventry on Wednesday (Nov 13), when all business from the 2019 season was concluded.
However, the club are not at this stage in a position to declare their firm intention to run next year, and have asked the Association to grant them additional time.
The club requires new investment and fresh ideas in order to move forward in the present-day climate, and work is taking place to that end.
Talks are ongoing between the promotion and potential investors, as well as stadium landlords, and at this stage time is required in order to re-group from a testing 2019 season and focus on the ways in which to move forward.
Supporters can be assured that every effort is being made to bring the current situation to a positive conclusion, and they will have a major part to play should the green light be given for the Diamonds to continue into next year.
We do, though, feel it is important that they are kept fully aware of what will be the likely position later today when the BSPA issue their post-AGM statement, and we will keep everyone in touch as and when there are further developments.
