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I do wonder what modeling was done on the age categories but Brad Steele has stated if things aren't working he will step in and change it , timing of the series doesn't make much sense with the golden gate at Alex Park along with the Invercargill cup meeting all in the same weekend obviously having a dramatic effect on horses traveling. -
Stakes are paid by hrnz , a club can move stakes around from meeting to meeting to a certain extent but their total stake allocation for the year is governed by hrnz .Methven has in the past and probably still, although the figures our now a secret produced the best overall gbr in the country. That means they put back over $600,000 above funding back most years, second to none from a bunch of volunteers ( LEGENDS).
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They need to be squirrelling away money as they will need to reduce stakes significantly when the funding is slashed. just read the article on Entain on the galloping blog site, and if goi read that and still believe that Entain are this White Knight, then you have a very low IQ! McAnulty should never have sold out to Entain, as I have been saying since the start, as they have no interest whatsoever of helping out racing! I believe that if they could sell now and cut their losses, they would do so! HRNZ CEO Brad Steele hopefully has read this article and taken it all in, and then he should come out and apologise! -
By Withadream2 · Posted
Are some clubs stashing away money incase funding is substantially cut in a few years? -
By Withadream2 · Posted
It’s not about being asset rich. The ATC is asset rich inspite of their massive debt. Agree with you there, they should be paying stakes closer to the amount they are receiving in funding.
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