It’s crunch time next Tuesday as far as the future of speedway on the Isle of Wight is concerned when shareholders in the holding company, Island Speedway (IOW) Ltd, gather together at a specially convened meeting to discuss the future of the club.
The main decision they will have to come to is whether or not there will be National League speedway at the venue this year as the club have been set a final deadline of 31st January to inform the BSPA and league administrators a simple yes or no.
Club chairman Brian Ginders represented the Wightlink Islanders at the National League AGM in Rugby in December but was unable to provide a firm commitment that the club will be operating in the forthcoming season prompting the official press release issued by the BSPA to state, ” Meanwhile the door remains open to the Isle of Wight, with a deadline set of January 31, 2014 for them to join the league.”
The club’s future remains in the balance in terms of the club’s racing and perhaps even concerning the future of the holding company itself bearing in mind it was set up by speedway fans to keep the all-action sport at Smallbrook courtesy of the long term lease they hold on the whole complex from which they also derive income from a host of other activities that take place there.
Given the importance of decisions that will have to be reached on the night, all shareholders are being urged to attend and non-shareholders will be welcome to be present as well but they will not be entitled to vote upon any proposals put forward.
The meeting takes place in the Premier Lounge at Smallbrook Stadium commencing at 19:00.
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