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Bit Of A Yarn

Another Interesting de Lore Piece


Doomed

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1 hour ago, Huey said:

If one of the above posts is post of the year then the above is line of the year! Couldn't agree more!

Who ever said they were "mates" of mine?  I certainly didn't and my posts confirm that.

However I've had reason to talk to a number of these people in the last couple of years involving issues raised on BOAY.  I can say without reservation that those dealings have been professional with positive outcomes.  I can also say that the conversations have been blunt but polite between both parties.

Easy to bitch and moan online and fire shots at the feared alleged bogeymen.  In that respect the inconsistency in who is attacked and who isn't is glaring.

I guess at the end of the day it's easier to say it is all Vela and Ellis's fault.

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'Chittick, Acklin, Anderton, Pike, Ellis, O'Sullivan  even, dare I say it, my brother. '

These people have had influence for years.They are not the answer.

Too many on cushy sinecures.Drain the old boys ..swamp.

The NZ 'product' cannot compete with overseas racing.

Maybe the new Auckland mayor can cast his 'fix it' eye over the industry and slash costs.

NZ Racing is a slow motion..car crash.

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1 minute ago, holy ravioli said:

'Chittick, Acklin, Anderton, Pike, Ellis, O'Sullivan  even, dare I say it, my brother. '

These people have had influence for years.They are not the answer.

Too many on cushy sinecures.Drain the old boys ..swamp.

The NZ 'product' cannot compete with overseas racing.

Maybe the new Auckland mayor can cast his 'fix it' eye over the industry and slash costs.

NZ Racing is a slow motion..car crash.

Put up better names then.  Higher achievers in both racing and business

Because at the moment the 'high achievers' with glossy CV's that infest the RIB and TAB Boardrooms ain't cutting the mustard

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11 hours ago, holy ravioli said:

Chittick, Acklin, Anderton, Pike, Ellis, O'Sullivan  even, dare I say it, my brother. '

These people have had influence for years.They are not the answer

 

11 hours ago, Reefton said:

Put up better names then.  Higher achievers in both racing and business

Are you saying NONE of those names are high achievers in Racing AND Business?

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1 hour ago, Chief Stipe said:

 

Are you saying NONE of those names are high achievers in Racing AND Business?

 

58 minutes ago, Chief Stipe said:

 

Who of those you mentioned are on an "easy sinecure"?

No idea what you are getting at with either question. 

Edited by Reefton
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I don't think bickering over semantics is doing anyone any good. This industry is in a death dive and there is little point those few with some interest in trying to halt the dive arguing about minor details.

It is becoming pretty obvious that there are only a few people out there who seem to realise the seriousness of the situation and who have any ideas about how to possibly mitigate the crash when it happens.

There was a perfect case study into the industry's biggest problem with the Auckland trots. A CEO with no industry knowledge comes in, loses about $100m and pisses off without a care in the world. This example is replicated many times over throughout the rest of the industry at all levels.

We are probably wasting over $10m a year just in salaries to useless administrators. And that is just their salaries, who knows how many hundreds of millions of damage they are doing. They will all just piss off without a care in the world when they are finished having their bit of fun. Probably never to earn such salaries again if previous experience is any indication, but they all managed to build up their own personal nest eggs for a few years.

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15 hours ago, Reefton said:

Put up better names then.  Higher achievers in both racing and business

Because at the moment the 'high achievers' with glossy CV's that infest the RIB and TAB Boardrooms ain't cutting the mustard

The reality is to most of those racing is their business.

Your brother is an ex bankrupt tied to the doomed One Race concept.As for Acklin....are you serious!!

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Agree with Doomed last post but de Lore's belief that an outside betting agency should step in is a backward step. Its like Uber, AirBNB etc where laws prevent New Zealander's undertaking certain businesses but they get swept away when an overseas biz wants in. I can see NZTR/Clubs signing away exclusive rights and not accepting that new technology could make the TAB and overseas agencies obsolete. 

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23 minutes ago, Chief Stipe said:

Ok smart arse.

Where did Vela, Ellis, O'Sullivan and Anderton make their money?  

Think David Ellis was right into stock with breeding cattle and ewe's as well ? which got him going and then could breed/ spell, agist horses as well , then started buying them.

8 yearlings from the Magic Millions Gold Coast are heading your way too ... should be good.

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On 16/02/2023 at 10:58 AM, Doomed said:

 This industry is in a death dive...

 Perhaps more so slowly withering, faster out in the Periphery, not so quickly in the Core.

 

Hence very much a Sunset Industry.  No amount of propaganda can change that!

 

As I mentioned above, the ever challenge is to find some fun without  getting all bitter and twisted about the decline! 

 

Any truth that poor old Brian DL gets up every day and spoons in the bile! 😝

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How did the TAB (and I'll include as well) NZTR, RIU etc become so top heavy with management on big salaries? The actual return for $ invested is not good. I read a lot of crap on Loveracing, but nothing seems to be getting better. Or should I call myself The Pessimist.

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On 16/02/2023 at 2:58 PM, The Centaur said:

Agree with Doomed last post but de Lore's belief that an outside betting agency should step in is a backward step. Its like Uber, AirBNB etc where laws prevent New Zealander's undertaking certain businesses but they get swept away when an overseas biz wants in. I can see NZTR/Clubs signing away exclusive rights and not accepting that new technology could make the TAB and overseas agencies obsolete. 

True enough but the NZ TAB as it stands could be wiped out by new technology internationally and then be worth stone cold nothing.  Sell it to a BetFair or the NSW TAB or whoever and (1) you might at least get something for the carcass and (2) a performing overseas operation will be a lot better placed to fight back if that happens than what the NZ TAB is at present.

For all that I do agree with the sentiment of not wanting more NZ enterprises to be owned offshore.  Not that keen on NZ land being owned offshore either.  But in this case really it is flog it off or watch it die

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8 hours ago, Reefton said:

True enough but the NZ TAB as it stands could be wiped out by new technology internationally and then be worth stone cold nothing.  Sell it to a BetFair or the NSW TAB or whoever and (1) you might at least get something for the carcass and (2) a performing overseas operation will be a lot better placed to fight back if that happens than what the NZ TAB is at present.

For all that I do agree with the sentiment of not wanting more NZ enterprises to be owned offshore.  Not that keen on NZ land being owned offshore either.  But in this case really it is flog it off or watch it die

Yeah, agree, I don't like the tentacles of overseas ownership either but this outfit is a dying duck.  Best get rid of it before no-one at all wants it.  Goodwill and Intellectual property mean naught in the face of mounting debt.

Went to the Roadshow yesterday, didn't really want to but as I make a habit of tossing bricks,  I thought I'd better show up.    I have to concede that I'm not quite as despondent as I have been for a while - maybe that's just me and wishful thinking - but I am actually pleased I went.

Sharrock is better in person than he appears on screen, and he had to deal with one particularly irritating contributor from the floor - which he did adroitly and with courtesy.

It seems that TAB is in some discussion with a couple of offshore entities - which were not disclosed - and we may have some information about those discussions by the end of March. 

He also indicated there is still ongoing communication with Clement about the Coast debacle, he is not impressed at all by events but as the RIB is an autonomous body he has no jurisdiction there.

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2 hours ago, Freda said:

Yeah, agree, I don't like the tentacles of overseas ownership either but this outfit is a dying duck.  Best get rid of it before no-one at all wants it.  Goodwill and Intellectual property mean naught in the face of mounting debt.

Went to the Roadshow yesterday, didn't really want to but as I make a habit of tossing bricks,  I thought I'd better show up.    I have to concede that I'm not quite as despondent as I have been for a while - maybe that's just me and wishful thinking - but I am actually pleased I went.

Sharrock is better in person than he appears on screen, and he had to deal with one particularly irritating contributor from the floor - which he did adroitly and with courtesy.

It seems that TAB is in some discussion with a couple of offshore entities - which were not disclosed - and we may have some information about those discussions by the end of March. 

He also indicated there is still ongoing communication with Clement about the Coast debacle, he is not impressed at all by events but as the RIB is an autonomous body he has no jurisdiction there.

Interesting!  The NZTR guys have been kept in the loop with the various correspondence and they know our track was OK.  There were no less than four inspections in the few weeks leading up to it, including by their track man and Garry Foskett(and also by one John Oatham),  and there is a very notable NZTR employee who was oncourse and knows tracks who was disgusted.

We await the results of the Chair's enquiry and the Minister's but as far as ongoing communication with Clement you might as well talk to a rock.  The guy is clearly out of his depth.  Head of the RIB(either CEO or Chair) is no place for a person who seems to have no idea about racing.

 

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46 minutes ago, Reefton said:

We await the results of the Chair's enquiry and the Minister's but as far as ongoing communication with Clement you might as well talk to a rock.  The guy is clearly out of his depth.  Head of the RIB(either CEO or Chair) is no place for a person who seems to have no idea about racing.

Then the previous boards and Racing Ministers should be blamed for hiring ex-Policemen.

The basis on which people seem to been employed is that Racing is fundamentally corrupt.  When in reality it isn't.  

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1 hour ago, Reefton said:

Interesting!  The NZTR guys have been kept in the loop with the various correspondence and they know our track was OK.  There were no less than four inspections in the few weeks leading up to it, including by their track man and Garry Foskett(and also by one John Oatham),  and there is a very notable NZTR employee who was oncourse and knows tracks who was disgusted.

We await the results of the Chair's enquiry and the Minister's but as far as ongoing communication with Clement you might as well talk to a rock.  The guy is clearly out of his depth.  Head of the RIB(either CEO or Chair) is no place for a person who seems to have no idea about racing.

 

There is now a 'new' rule that a horse is NOT allowed to start without all four plates on.

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