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Here we (don't) go again ..more misery at Avondale


Maximus

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This was as inevitable as the upcoming demise of Greyhound Racing, with both having arrogant leadership who thrived on telling authorities to FO.

Delighted they are both to be correctly assigned to history. 

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2 hours ago, Turny said:

This was as inevitable as the upcoming demise of Greyhound Racing, with both having arrogant leadership who thrived on telling authorities to FO.

Delighted they are both to be correctly assigned to history. 

Max concurs with your view Turny Tom.

Avondale's leaders have failed to take multiple opportunities to secure their racing future, but seem to have a paranoid fear of being gobbled up by ARC in any merger. I would have though ti quite simple to protect their (Avondale JC) noble history/heritage in a new constitution.

Now they are going to find they cannot race or trial, so the land may as well be used for housing (unless its flood-prone LOL)

MM

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Not ARC anymore Maxi, ATR(Auckland/Counties)

The issue becomes, who owns Avondale, Avondale JC or NZTR

If you look at the Messara report, the legislation was meant to be amended to make ownership by NZTR clear, but this has not taken place

Phase 2 – No Licences from 2020/21 for 1 Venue Avondale - Venue with 11 meetings in 2017/18. Training. Excellent location. Poor infrastructure. Freehold. Extremely valuable land with an estimated value of more than $200 million with rezoning and which should be sold for the benefit of the entire industry. Avondale JC should race at nearby Ellerslie or possibly Pukekohe

Any claim by members of Race Clubs to any form of ownership over racecourses is, therefore, considered to be flawed.

Members of Race Clubs merely hold custodianship over the assets and could reasonably be likened more to advance ticket holders. However, the overarching Racing Act 2003 does not make it unequivocally clear that the ultimate ownership of freehold race course land on an on-going basis is vested in NZTR and that the other net assets of a Race Club ultimately belong with NZTR and to no one else.

So, we believe it will be absolutely essential to the successful future of the New Zealand thoroughbred racing industry that the Racing Act 2003, and any other relevant legislation, be amended to provide unambiguously for the transfer to NZTR of title to all thoroughbred racecourses and training facilities currently owned freehold by Race Clubs and also ownership of all net assets.

 

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