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By Wandering Eyes · Posted
The Australian Turf Club has launched Supreme Court action against Racing NSW's move to appoint an administrator to take over the club's affairs, claiming its board does not accept the regulator has the power to do so.View the full article -
By Wandering Eyes · Posted
Jay Rooney LOVE TOGETHER - R8 (6) Improved second up to run a close second and can go one better tonight Owen Goulding MIGHTY STEED - R9 (12) Will get a soft lead and can be away and gone when the closers loom Trackwork Spy THUNDER PRINCE - R5 (6) Bursting to break through and gets a great chance from gate one Phillip Woo TOP TIME - R4 (1) Has been racing well and deserves a win with Purton hopping on Shannon (Vincent Wong) SKY SONG - R2 (2) Stormed home for second last start and looks a...View the full article -
so what your saying seems to be methven will pay bigger stakes on the bigger days and underpay stakes on days like thursday. so how come clubs like timaru and oamaru pay good stakes all year around,yet don't have the assets ,cash in bank,investments within cooee of methven.. they too being run by volunteers. Just pionting that out. You seem to be saying 2 things. 1)because methven can create greater returns to the industry, it in some way justifies the paying of poor stakes on some racedays. 2)that there is no relevance to how much cash and investments a club may have just sitting around,in methvens case millions,its all about what you are funded by hrnz. Well fair enough,at least your up front about why the club desn't pay owners more, its just ,isn't it reasonable to ask,aren't other clubs who are also run by volunteers, trying harder to help out owners by returning more in stakes to the run of the mill horse owners,than methven. Just saying that appears to be the case as those clubs won't be getting anymore funding than the methven club for their low key meetings.. This post is nothing about personalities or how well a club is run on race day,its about the focus some clubs put on helping owners out through stakes compared to other clubs. -
comparing the atc and the methven club is not a good example. Methven had investments of close to 3.5 million in shares and over $400,000 just sitting in the bank. their land and bulidings are also worth over $9m
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its well and good to say they will learn from it and change,but when many of the issues seemed obvious in the first place wouldn't you have to ask,how much poor decision making does there have to be, before people realise there is a pattern. as to mr steele saying if things aren't working he will step in and change it. Does anyone take that seriously.What about the ATC?
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