curious

Are you saying this might not be an independent report as indicated Reefton? Perhaps even informed by 20 year old failed ideas?

Did I see someone mention cock-ups? This looks like potentially the biggest one and if they don't steal the assets to fix all those tracks and the revenue to sustain them the whole show will probably fall over. Soon I suspect. We are basing a strategy on recommendations from the 70s? Really?

I don't see how any of this can work. I think there's a fair chance that those clubs will simply walk away with their assets, so they won't have those and they'll be trying to run the same number of racedays on the remaining 28 tracks using a failed tiered stakes structure which will be even less sustainable than it is now. I dealt with John a bit in the late 80s and had a lot of respect for him and some degree of hope about this review but the more I consider it, he seems to have developed a level of perspicacity similar to Winnie's.

I get that but why have the tiers when the same horses will be going round in each tier as now? How can that possibly improve the product or revenue. Makes no sense to me and the report gives no explanation that I can see. It's another tired old idea that already hasn't worked. Sounds like another big breeder initiative to me, not anything that will help racing.

Can someone help me understand this aspect of the Messara recommendations? I can not see from the report how this will lead to increasing revenue? It seems to me more part of the problem than part of any useful solution and I can't see anything in the report that would persuade me otherwise. That's all assuming that the $110m for stakes actually materialises from the proposed strategies.

Just to not be deterred. Race 4 #2 Posh Holly 8/1 Race 8 #4 Unbridled Huntress 9/1

yeahhh... do you think he also doped my selections? Sounds like he'll survive though some reports are that he only fired in the air. Come along way since Bing greeted patrons at the opening event!

Yes, the report proposal is to not change that. What are they on about?

It may be Custer's last stand RM and it may be the affected clubs that have to do it. Here's hoping. The troops are being mobilised I hear.

Yeahhh exactly thinking out loud. My hunch would be that you'd need to compare total weight (TW) = BW +CW with something like best performance TW, probably also by track condition and distance. The likes of Mardi may be more helpful.

Easy peasy....

The only thing anal here is what you see in the mirror. But you are right that there's never been such a complete political dufus as this government. Of course, I gave them half a chance and they've gone about as well as my 20/1 shots at Del Mar.

Not a lot of help here because punters don't know the BW! More interesting to me since you have the data FtF is what impact the combined CW+BW has on times.

Easy lads ... they were an average of about nearly 20/1!

Maybe buy some then?

Why? They've completely fucked that up for decades? Surely time to give someone else a go?

I'll add one more. Race 3 #10 Beautiful Becca 13/1 Currently 19.00 FF NZTab

Yes, that's the problem. I'd love to see how Deloitte actually arrived at those numbers.

You are right there Hesi, but it appears to me from the report that it will all be wasted on stakes as per usual.

If they all lose which the odds are in favour of, I'll come up with some revised selections this afternoon.

Added my assessment of chance above.

Was in the vicinity. Would've gone if I could have had dinner with Kylie. She's a smart cookie but I don't understand the supportive comments for the Messara report if they didn't know what was in it? I think the quote from Mark Chitty is classic ... "The current structure is archaic and no longer relevant." Who was behind putting it in place in the early 2000s, despite protest from many?

4 for Del Mar. No TAB odds yet but picking all will be at double figure odds at least. Race 5 #5 Asano Race 6 #4 Lori's Attitude Race 8 #7 Risky Proposition Race 9 #2 Admiral Brown

lol....just for fun decided to pick out 3 of yours for a nibble barryb...2 seconds and a 3rd I see. Probably should have made it an all up place bet when I consider the options again on Sunday morning!

I've been mulling this over Hesi and thought it deserved a separate thread. While the generation of the 190m capital by stealing community assets is one (questionable??) question, the question of the value of outsourcing is another. That seems to be about the only significant suggestion in the report that can significantly raise net revenue (in the short term) other than the taxpayer gratuitously dropping the betting levy. The problem with this is it seems to rely on a single report that NZTR commissioned from Deloitte. The further problem is that the report doesn't seem to be available to stakeholders, other than the executive summary, so it's impossible to evaluate its validity and reliability other than that Messara seems to have bought it. If you believe it, then as a strategy it could deliver about 20-30m a year for TR in the short term if implemented. “Our preliminary analysis suggests the combined benefits from an appropriately structured transaction could increase distributions to the codes by $38 million to $63 million annually. The difference between the mid-point of our downside scenarios under the NZRB initiatives and the mid-point of our assessed benefits under an outsourced arrangement is in the vicinity of $280 million over the FY18 to FY21 period. " " Accordingly, we would advocate that it is in the best interests of the racing industry and NZRB to commit to spending a small amount of time and money to conduct further investigations on the opportunity. " I'm afraid stakeholders are again left with guess work though. If Peters/Messara and NZTR want stakeholder buy in, why not release the underlying information so we can assess it, discuss it and draw our own conclusions?