Originally Posted by Mike Lloyd
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.
I did check companies house and it didn't tell me anything
So does the local football, Cricket team etc. pay there coaches and helpers to keep the clubs going?
Thanks for confirming you wanted paying I know many OAPS who do voluntary work sadly for them it doesn't involve flying around europe.
You have also answered your own question there arn't many offshore boats that will race these days so why did you launch RB11 after the RB12 team launched there race. Was it because you thought they stole your baby.
Be honest you knew that would scupper there race.
I will agree with you about the initial deposit that was non returnable my question is did many loose the stage payments.
If you run it as a business then there is no problem with making profit but at the same time you take the lose when it goes wrong in my book.
Regarding my accounts I think you will upset my accountant with your comments who are Myers Clark of Watford please feel free to check them out (Free advert for them)
Regarding RB8 once the stage payments were being made I never thought the race was not going ahead if I had then we probably would not of paid.
Remember the race was a success because of the good team you put together and the great racers that entered and the fact that once they were committed they all agreed to pay twice the initial entry fee.
Over to you....