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Saturday 22 August 2009
West Australian Racing
TheDiva
13,248 posts
8 Race program for Saturday, 4 of them have 11 runners or less accepting at this early stage. By Saturday that number should have dwindled further, based on recent weeks attrition rate. The feature Race, the Goodwood Sprint, has just 10 runners although a good quality field for this time of year.
Again I can't get there for the whole program, but it doesn't really feel like I am missing out that much.
Again I can't get there for the whole program, but it doesn't really feel like I am missing out that much.
Comments
The previous AGM was presented with a lot of chest pounding about how much money the Committee had allocated to stakes money for the 2008-09 racing year. $3M in fact, and how this was second only to the VRC.
Well with the adjustment as mentioned above, there hasn’t been an announcement of a 33% cut in stakes for the 2009-10 racing year, but on their own figures that is exactly what they have done.
Ignoring this fact won't make anything any better. It really is dangerous when you put all your eggs in one basket, that is stakes money. Without the solid foundation of a healthy business, and more importantly, healthy business practises and management, you will sailing full steam ahead and not recognising the looming danger that is the ship sinking iceberg on the horizon.
The reductions to mid-week stakes money coupled with the Saturday reductions make the increase to the Winterbottom almost insignificant. Why increase this Race anyway ? It is not like it was upgraded in Group status.
Its just another example of our determination to be second only to the Victorians in stakes money contribution. Like that is in the least bit important.
What a disaster.
PS - you are baggin Perth Racings financial position yet also bagging the decrease in prizemoney (I think???) - isnt that contradictory - surely a decrease in prizemoney would help the financial situation not hinder it
Well this year I'm saying that $27M in a hole is a radioactive glowing example of the arrogance of this Administration. If this was a publicly listed company, shareholders would be calling for blood.
A) of course the financial saving to the club...
B) Might actually increase midweek numbers instead of all craming for the extra $$ on a saturday
C) A lot of horses that win Saturday events in Perth, IMO, dont deserve to win a $50k race...
D) The lesser $$$ creates incentive to take your horses to the next level, creating more noms in the higher $$ fields and opening spots in the low rating races for horses who are currently not getting a start to now get one...
Immediately I would remove the top up fund and revert to the stakes money prize pool provided by RWWA with a sensible allocation between mid-week and Saturday Racing, for the next 2-3 years.
Use the consolidated funds from all business ventures of the Club,(Perth Racing) to immediately retire the debt of current projects.
Abandon the Belmont redevelopment and refurbish this tired facility as soon as possible.
Quit the Ascot Vale land development at cost, to remove the projected losses once and for all.
Amend the Constitution, in consultation with the State Government, that future Chairman’s of the WA Turf Club, cannot proceed in any capitol venture on any project other than Racing facilities. Also that financial liability is not protected under the Constitution for the Chairman.
Also restore the tenure of the Chairman to a maximum four year term.
the problem was created when we adopted the new RBH system of grading races - WA is just catching up now with how it should be
the best class of horses attract the most turnover - just have a look at the quality in Melb this Spring - and they have the highest levels of prizemoney in Aust.
The answer is create a program where field sizes are reasonable whilst giving horses of all ability the ptoential to race and earn prizemoney - the continual changes in our programming is being done to achieve this and PR and RWWA are slowly getting on the right track with this
The club contributed last year, off the back of a very good year of turnover, $3M to the funds provided by RWWA. Based on that number alone, hoping that turnover and attendances and profitability on course did not suffer, then if the Club withdrew support of stakes money and put that $3M towards retiring the debt, it would take 3 years to achieve.
Bearing in mind that none of which had to happen, if not for the stupidity of these two land projects.
Arguing about quality of Races is irrelevant.
I am neither agreeing or disagreeing with your views on that aspect of things
The second part of your statement can only be addressed by a change in the aspirations of the host club in the type of races they want to hold. I cannot recall a single issue with any Club outside the metropolitan area in respect to programming and field sizes.
Part of the problem is trainers/owners wont jump rating bands.
the other issue is non accpetances when drawing a wide barrier - its ok for everyone to whinge about field size but when you are an owner or trainer and your horse who has limited ability draws a wide gate there is no reason to be running it
maybe there should be an increase in nomination fee with the surplus funds going to a starters subsidy for unplaced runners who accept from wider than barrier 10
I posted this a week or so ago, and it seems that RWWA have done the right thing - I applaud RWWA officials on this matter as they have adjusted the programme to suit the horses that are currently running around!
maybe there should be an increase in nomination fee with the surplus funds going to a starters subsidy for unplaced runners who accept from wider than barrier 10
very good idea, it will stop people selecting 3 races , then waiting on what field drops away