who has been saying that sort of thing? ps, if he pays his bills and treats his staff and horses well does anything else really matter?

Looking at it and I only skimmed through it and looked at the bigger numbers rather than the general things! Much appreciate Chief giving us all the report to analyse. On the face of it, there has probably been some stabilisation but does not give too much confidence in the overall picture when there has been 13million from Forbury Park sale and the mega millions already received from TAB/Entain in the last couple of years! One question that should seriously be asked is of the sale price of Forbury Park for over 13 million, why was there a cost to sell of 10% of the sale price??????? WTF did someone get financially rewarded massively??? They need to explain as it seems s very very fishy does it not?  32million is not a large amount to have bearing in mind Auckland owes in excess of $80million and growing by 500k per month and Cambridge is BROKE and will not be able to trade out either of them! There is also promises that HRNZ have made in the future that has to be accounted for and the Entain funding to HRNZ is going to be significantly reduced in coming years? At the end of the day hopefully HRNZ are in good hands and they do best for the industry to survive and thrive,  but are there many out there that believe they are

Here's another stat for the negative types - Damask Rose ran her last 600m in the same time as the winner of the Newmarket. She broke 1:21 for the last 1400m and only 0.11 slower for the 1200m Newmarket!   @Newmarket and @Huey

so i have just had a brief look at the annual report you posted which does provide context for the change from 2024 to 2025. so in 2024 they had $35m ,then a year later(2025) they have dropped $3m to $32m . Then we factor in that hrnz won't be getting that guaranteed mimimun from entain in a year or two,that they are currently receiving, then we factor in that mr steele wants to spend millions on a new auckland training centre,then we factor in the forbury mony is supposed to be tied up for specific use as per the agreement with forbury. I haven't read the report thoroughly,but to me after a qucik look, the signs are there to indicate that what brodie and i and others are saying is the true picture,when you look behind all the hrnz spin. the reason they would have used the 2021 comparison was simply spin.So why did they feel the need to spin it.

@Huey I don't recall you ever posting any tips just boring negativity.  No one likes a grumpy old man sadly.  Why don't you line up for your nightly tot of rum and let the rest of us enjoy racing.?! Once again a good horse beaten by the track.  Inside was the place to be all day today at Flemington.

Lmao,  even a fool like me could tip a winner over you.  You continue to look sillier and sillier by the day, bring out the book of excuses quickly!

Another AUD$36k in the kitty!  AUD$90k in 3 starts.

Here we go…. Last 600m sectionals come out and comparing times? Maybe can you tell the horse to run home quicker… then it will win races😁  

Soft track and better barrier would have won but wouldn’t pay as much. Philia a good horse as well and I think you’re right will win more