Mark D Posted December 7, 2019 Share Posted December 7, 2019 Mate told me he went to an Owners and Trainers AGM and it was announced that there is $1.7m owing to the NZTR settlement account reportedly mostly by trainers. Not sure if this is correct as these are bills paid by the owners - would mean that trainers were owners as well. Anyway I think given the parlous state of the racing industry and subsequent hard times for trainers any forceful action would likely force trainers out of business and the industry can't afford that. Quote Link to comment Share on other sites More sharing options...
Fred Posted December 7, 2019 Share Posted December 7, 2019 Trainers pay track fees -$200 a month roughly -and recoup from owners, Does not take long to mount up. 1 Quote Link to comment Share on other sites More sharing options...
Mark D Posted December 7, 2019 Author Share Posted December 7, 2019 (edited) Thought they (clubs) mostly charged them direct to owners these days? And this is the NZTR settlement account which doesn't charge track fees. Anyway it is this mob that got the free racing dumped so as to increase their percentages - so no sympathy from me. Edited December 7, 2019 by Mark D Quote Link to comment Share on other sites More sharing options...
Freda Posted December 7, 2019 Share Posted December 7, 2019 1 hour ago, Mark D said: Thought they (clubs) mostly charged them direct to owners these days? And this is the NZTR settlement account which doesn't charge track fees. Anyway it is this mob that got the free racing dumped so as to increase their percentages - so no sympathy from me. No, they don't get charged to owners, unless things have changed elsewhere...haven't here. Some years ago, the local branch of the T.A [ when I was still involved, unlike now ] requested that that be done, and were met with a flat ' No' . I recall the reason given went something like ' too much paperwork, too hard to find owners' details [ really? ] - and the doozy of all - what if owners don't pay? We can't be in the position of holding that much debt ' ........ Quote Link to comment Share on other sites More sharing options...
Fred Posted December 7, 2019 Share Posted December 7, 2019 Logically it is a trainers basic cost just like feed. Some trainers do not utilize public training tracks but have their own. It would be a duplication of work to have club staff noting which horse was using their facilities each day and then passing that information onto NZTR. 1 Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted December 7, 2019 Share Posted December 7, 2019 1 hour ago, Fred said: It would be a duplication of work to have club staff noting which horse was using their facilities each day and then passing that information onto NZTR. You would think that like other businesses trainers would include it in their base cost of training. Quote Link to comment Share on other sites More sharing options...
curious Posted December 8, 2019 Share Posted December 8, 2019 2 hours ago, Fred said: Logically it is a trainers basic cost just like feed. Some trainers do not utilize public training tracks but have their own. It would be a duplication of work to have club staff noting which horse was using their facilities each day and then passing that information onto NZTR. I don't think so. Club staff have to note that anyway in order to charge for the horses' use of the track. It shouldn't make a difference who they charge for that. 1 Quote Link to comment Share on other sites More sharing options...
Fred Posted December 8, 2019 Share Posted December 8, 2019 2 hours ago, Chief Stipe said: You would think that like other businesses trainers would include it in their base cost of training. It is a variable charge -not just a daily rate but $$ more if you use the grass for a gallop. Quote Link to comment Share on other sites More sharing options...
Fred Posted December 8, 2019 Share Posted December 8, 2019 1 hour ago, curious said: I don't think so. Club staff have to note that anyway in order to charge for the horses' use of the track. It shouldn't make a difference who they charge for that. It would be a duplication of tasks and would create problems -better the trainer deals direct with the local staff rather than having to go to NZTR for any query, and NZTR then go to local staff. who go to the trainer . then they report back to NZTR who return to the trainer. Quote Link to comment Share on other sites More sharing options...
curious Posted December 8, 2019 Share Posted December 8, 2019 1 hour ago, Fred said: It would be a duplication of tasks and would create problems -better the trainer deals direct with the local staff rather than having to go to NZTR for any query, and NZTR then go to local staff. who go to the trainer . then they report back to NZTR who return to the trainer. Track fees have nothing to do with NZTR or the headpost of this thread which relates to the NZTR settlement account - that relates to payment of raceday expenses which NZTR collect. Track fees are a matter directly between clubs and their clients, the trainers and owners. I trained at Foxton for a number of years and they invoiced track fees directly to owners during that time. It's not difficult and there is no duplication. Quote Link to comment Share on other sites More sharing options...
Freda Posted December 8, 2019 Share Posted December 8, 2019 Whatever. At the time, it was becoming quite a big deal wrt the level of debt on behalf of owners some trainers were carrying, and it was thought to be one way to reduce that. Quote Link to comment Share on other sites More sharing options...
Freda Posted December 8, 2019 Share Posted December 8, 2019 8 hours ago, Mark D said: Thought they (clubs) mostly charged them direct to owners these days? And this is the NZTR settlement account which doesn't charge track fees. Anyway it is this mob that got the free racing dumped so as to increase their percentages - so no sympathy from me. Have to agree there, Mark. Many trainers have ended up the 'syndicate manager ' by taking in a few partners to keep a horse going. It only takes a slow or defaulting partner to have costs spiralling that are hard to settle. Obviously, I'm not referring to the professionally - run syndicates like Fortuna, Go Racing, etc., which will have all costs built into their operations. Quote Link to comment Share on other sites More sharing options...
curious Posted December 8, 2019 Share Posted December 8, 2019 1 hour ago, Freda said: Whatever. At the time, it was becoming quite a big deal wrt the level of debt on behalf of owners some trainers were carrying, and it was thought to be one way to reduce that. It does shift the debt and collection risk from trainers to clubs, so I can see why trainers would want one thing and clubs another. 1 Quote Link to comment Share on other sites More sharing options...
Fred Posted December 8, 2019 Share Posted December 8, 2019 14 hours ago, curious said: Track fees have nothing to do with NZTR or the headpost of this thread which relates to the NZTR settlement account - that relates to payment of raceday expenses which NZTR collect. Track fees are a matter directly between clubs and their clients, the trainers and owners. I trained at Foxton for a number of years and they invoiced track fees directly to owners during that time. It's not difficult and there is no duplication. The NZTR Owners settlement account refers solely to 'Owners' -be they accountants fishmongers or trainers. They are Owners. Trainers debts -some large, are for track fees. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.