TBA Pledges “Support” and “Reasoned and Considered Counsel” to Lord Allen at AGM

[Wandering Eyes]

The Thoroughbred Breeders' Association (TBA) held its 108th Annual General Meeting on Monday, September 1, with chairman Philip Newton confirming the TBA's support for an independent Board at the British Horseracing Authority (BHA).

“Charles Allen has a big job in front of him,” Newton said of the BHA's new chair. “The industry needs to recognise he doesn't have a silver bullet and cannot do this on his own.

“The TBA will provide support, reasoned and considered counsel and give Charles Allen every opportunity to deliver the job he has been appointed to do.”

Newton warned of the difficult crossroads at which the sport finds itself, referencing sustained pressures on betting turnover, racecourse attendances and audience engagement, as well as the continuing decline in the foal crop. He emphasised the need for a transformational funding solution, evidence-based action, a robust commercial arm and greater alignment across the industry to safeguard the future of both British breeding and racing.

Whilst acknowledging the ongoing challenges faced by breeders, Newton also highlighted key areas of progression for the sector, including the publication of the 2026 fixture list in August and the injection of £4.4 million in prize-money, with £3.2 million being directed towards developmental races to encourage the racing and development of young talent in Britain.

The TBA's key priorities for 2026 were discussed with two formal presentations, with the first of those focusing on the need for greater alignment between the TBA, BHA and Racehorse Owners Association (ROA). Meanwhile, deputy chair Kate Sigsworth presented on the TBA's ongoing commitment to the welfare of the Thoroughbred and continued investment into veterinary research; surveillance of infectious diseases; and studies to explore genetic diversity.

Newton closed his speech by thanking outgoing chief executive Claire Sheppard for her unwavering commitment and dedication to the role over the last eight years, saying, “The TBA and the wider industry has been so very fortunate to have had Claire Sheppard's dedication and expertise at the helm for the past eight years.

“She has championed the interests of the breeding sector with determination and persistence, navigating challenges in a complex stakeholder and political environment. I, and the TBA Board, would like to thank her and wish her all the best in the future.”

Other departures revealed at the AGM include those of Sam Bullard, who steps down from the Board of trustees after two terms of office, and Anita Wigan, who leaves the Board after seven years of services. Julian Richmond Watson will also step down from his position as honorary president of the TBA.

Elsewhere, the appointment of Colm Donlon as a co-opted trustee was approved, while Matt Prior will continue as a co-opted trustee for a second term.

To read the TBA's 2024 Annual Report, which was formally launched at the AGM, click here.

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