Reply
 
Thread Tools Search this Thread
 
Old 31 May 2014, 09:52   #111
Member
 
Country: UK - England
Town: Portsmouth
Boat name: Not sure
Make: ABC/Priddy
Length: 10m +
Engine: 2 x 500 FPT
Join Date: Jul 2001
Posts: 926
Quote:
Originally Posted by Carl View Post
so hows your attempt going ,i havent heard anything for a while
After 10 months work the China deal collapsed which was a bit of a shitter but within a week someone else knocked on the door. We are now really close to having all the money to finish the job. Maybe next week for announcement.
A German team has just put in an entry as well so we now have three global entry's along with a provisional team from Russia and Oman.
Onwards and upwards Alan P
__________________

__________________
Alan Priddy is offline   Reply With Quote
Old 31 May 2014, 11:03   #112
Member
 
Country: UK - England
Town: Nash Mills
Boat name: The Bandit
Make: Hunton
Length: 10m +
Engine: Inboard Petrols
Join Date: Jul 2012
Posts: 14
Quote:
Originally Posted by Alan Priddy View Post
This has become the largest joke in sporting history. Inexperienced organisers dealing with self appointed, self regulating bodies who equally have no experience while taking money off well intended competitors who want to expand their boating lives. This event could have happened if any of them knew what they were doing!!!! I fought the RYA and UIM for 3 years on the rules and we came to a mutual understanding and commitment. The Venture Cup assumed they knew better. Alan P
Good post

I can't understand how they run these races as a business take money of people and then walk away.

Still it's only happened 4 times.
__________________

__________________
Hunton69 is offline   Reply With Quote
Old 31 May 2014, 11:45   #113
Member
 
Join Date: Dec 2013
Posts: 9
Quote:
Originally Posted by Hunton69 View Post
Good post

I can't understand how they run these races as a business take money of people and then walk away.

Still it's only happened 4 times.
Even for you Barry that's just about the most stupid, obtuse and crass remark you have ever made and you have made quite a few, usually under the influence!! Actually you are quite right, you DON'T understand and just take cheap pot shots. You have become just another keyboard warrior.
__________________
Mike Lloyd is offline   Reply With Quote
Old 31 May 2014, 12:07   #114
Member
 
Country: UK - England
Town: Portsmouth
Boat name: Not sure
Make: ABC/Priddy
Length: 10m +
Engine: 2 x 500 FPT
Join Date: Jul 2001
Posts: 926
Quote:
Originally Posted by Mike Lloyd View Post
Even for you Barry that's just about the most stupid, obtuse and crass remark you have ever made and you have made quite a few, usually under the influence!! Actually you are quite right, you DON'T understand and just take cheap pot shots. You have become just another keyboard warrior.
It may be a good idea to now draw a line under this sorry saga. It has to accepted that everything we do costs money and that potential adventurers need to create a "sinking" fund to start planning. In defence of Mike I am sure that he did his best to make the the first event happen and it is easy to get drawn in with the hype experienced at various meetings. Mike choose the right thing by walking away. The problems arose by the following organisers Who didn't have a clue assuming quite wrongly they knew better than anyone else.
I am sure that there will be a lot of bad blood for many years to come on this massive cock up but at the end of the day no one died and only lost money.
If it helps I will throw a party at my expense for everyone that has wasted money or time to get together , kiss and make up. Life is much to short.

As you may be aware I have been working on a project for the best part of five years and during this time I have been called all sorts of names , fighting and winning my case with the RYA and UIM while being pissed about by potential sponsors who turned out to be wasters. At no time have I given up and although it seems I have been quite and the project failed it hasn't with us being so close to making the final announcement. Our entire project has been based on a sound business plan No bullshit with a proven return on any investment. We must be doing something right as we have just received notification that a team from Germany want to race against us and America. We plan the first voyage next year against the USA and the Germans want us to do it all over again the following year.
What I am saying is that there is a requirement for extreme offshore events. They just have to be organised properly. Alan P
__________________
Alan Priddy is offline   Reply With Quote
Old 31 May 2014, 13:05   #115
Member
 
Cookee's Avatar
 
Country: UK - England
Town: Salcombe, Devon, UK
Boat name: BananaShark
Make: BananaShark
Length: 10m +
Engine: 2xYanmar 260 diesels
Join Date: Mar 2003
Posts: 4,225
Quote:
Originally Posted by Hunton69 View Post
Good post

I can't understand how they run these races as a business take money of people and then walk away.

Still it's only happened 4 times.
It is contentious and provocative but factual, no-one can dispute the fact that RB12 and two Monte Carlo races have now failed with competitors losing money regardless of where the money ended up - that's a whole different issue!

I'm sure the blame/buck will be passed backwards and forwards between the RYA, the competitors (yes they have been blamed in the past) and the organisers for some time to come but the fact remains that there needs to be some fundemental changes before anyone thinks about a race longer than the CTC ever again.
__________________
Cookee
Originally Posted by Zippy
When a boat looks that good who needs tubes!!!
Cookee is offline   Reply With Quote
Old 31 May 2014, 16:12   #116
Member
 
Country: UK - England
Town: Nash Mills
Boat name: The Bandit
Make: Hunton
Length: 10m +
Engine: Inboard Petrols
Join Date: Jul 2012
Posts: 14
Quote:
Originally Posted by Mike Lloyd View Post
Even for you Barry that's just about the most stupid, obtuse and crass remark you have ever made and you have made quite a few, usually under the influence!! Actually you are quite right, you DON'T understand and just take cheap pot shots. You have become just another keyboard warrior.
What part of that post is stupid. I take it then that people didn't loose any money.

So you knew how hard it was to put this event on and how much it would cost and when you threw the towel in due to lack of finance you then told the new team that you wanted paying for your time. Why would you do that?

Why don't you publish the accounts regarding the money that you were given and how you spent it?
__________________
Hunton69 is offline   Reply With Quote
Old 01 June 2014, 05:30   #117
Member
 
Join Date: Dec 2013
Posts: 9
Quote:
Originally Posted by Hunton69 View Post
What part of that post is stupid. I take it then that people didn't loose any money.

So you knew how hard it was to put this event on and how much it would cost and when you threw the towel in due to lack of finance you then told the new team that you wanted paying for your time. Why would you do that?

Why don't you publish the accounts regarding the money that you were given and how you spent it?

Yes they did and so did I and in both cases it wasn't small cheese. But then we all knew what was on the line - It was their choice, I used the same formula as in RB08, the 1,000 was non-refundable and it was up to the racers whether they wanted to go down that route or not. We didn't force them! In fact you opted to do that in RB08 so why the winge?

I wanted paying for my time because I am an OAP with - now - limited funds. When did you last work for nothing?

No problem: check out Companies House MPA Powerboat Events Ltd, it's all there for anyone to see. You see that's what the law says, if you are a Limited company you have to produce accounts that have been properly audited, or don't you do that!!! Oh, and again, it wasn't only the lack of finance, it was also the lack of entries which caused RB11, RB12 and CMC to collapse. It's pretty obvious to all now that there are just a handfull of racers - certainly no more - who want to or even can afford to take part in such races so basically that's it for those events.

Any more Bile Barry, bring it on? We have already been all over this like a rash on Boatmad but never mind.
ML.
.
__________________
Mike Lloyd is offline   Reply With Quote
Old 01 June 2014, 05:56   #118
RIBnet admin team
 
Poly's Avatar
 
Country: UK - Scotland
Boat name: imposter
Make: FunYak
Length: 3m +
Engine: 2 stroke YAM 20 HP
MMSI: 235089819
Join Date: Sep 2005
Posts: 10,114
Quote:
Originally Posted by Mike Lloyd View Post
check out Companies House MPA Powerboat Events Ltd, it's all there for anyone to see.
Actually Mike, Co. Ho. don't seem to have any record of a company by that name? Audited accounts also only NEED to be posted for companies with quite large turnovers - although the directors could obviously choose to get even a small company audited to assist with transparency.
__________________
Poly is offline   Reply With Quote
Old 01 June 2014, 06:25   #119
Member
 
Join Date: Dec 2013
Posts: 9
Quote:
Originally Posted by Poly View Post
Actually Mike, Co. Ho. don't seem to have any record of a company by that name? Audited accounts also only NEED to be posted for companies with quite large turnovers - although the directors could obviously choose to get even a small company audited to assist with transparency.
Which we did. I resigned as a Director of MPA Powerboat Events Ltd on the 19th December 2012 and the other Directors carried on who eventually became the Venture Cup team. They had all the accounts because I know that Alan Goodwin collected them from our accountants here in Midhurst. Perhaps the Venture Cup team can clarify the accounts! I know that Simon Wood-Power had our accounts "Forensically Audited" by their current accountants. Will do some digging of my own!
ML.
.
__________________
Mike Lloyd is offline   Reply With Quote
Old 01 June 2014, 08:05   #120
RIBnet supporter
 
Chris Caton's Avatar
 
Country: UK - England
Town: Wirral & Caernarfon
Boat name: That's Enuff
Make: Revenger & Avon SR4
Length: 7m +
Engine: Honda 150HP & 50HP
Join Date: Jul 2011
Posts: 4,199
I'm glad all of this is well outside of any budget I have, but it does make interesting reading, although some of the comments do make me wince!

I have to agree with Alan Priddy's comment about no one having died as a result of this. I, along with at least on other on RIBnet, was involved with organising an off road event for a number of years, that ended with a lot of I'll feeling a few years back and it's taken a long time for people to start talking again, which has been a great loss for all involved, take Alan's offer and have a get together, shake hands over the mistakes, and move on, life's too short
__________________
Member of S.A.B.S. (Wirral Division)
Chris Caton is offline   Reply With Quote
Reply

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off





Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 22:45.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.