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NSW Greyhound Racing To be short changed again??


Mick Thompson
Australia
(Verified User)
Posts 551
Dogs 10 / Races 8

06 Jul 2018 05:49


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Dominic Perrottet Speaks to 2GB's Ray Hadley Listen @ the 10:22 mark

EXTERNAL LINK


Bill Deguara
Australia
(Verified User)
Posts 129
Dogs 1 / Races 0

06 Jul 2018 06:17


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Mick Thompson wrote:

Dominic Perrottet Speaks to 2GB's Ray Hadley Listen @ the 10:22 mark

EXTERNAL LINK

AS LONG AS SOMEONE LIKE IEMMA KEEPS HAUNTING THIS BLOKE FOR OUR 22% OR 23% HE HAS NOWHERE TO HIDE ,AFTER HIS COMMENTS TO RAY,



Mark Donohue
Australia
(Verified User)
Posts 2285
Dogs 6 / Races 0

06 Jul 2018 06:21


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You’re right. 13% when we’re trading at 22% and the Treasurer stated that we won’t be worse off. I note that Vlandys is a good friend of Rays n Perrottet gives him a glowing character reference.



Mick Thompson
Australia
(Verified User)
Posts 551
Dogs 10 / Races 8

06 Jul 2018 06:31


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Mark Donohue wrote:

You’re right. 13% when we’re trading at 22% and the Treasurer stated that we won’t be worse off. I note that Vlandys is a good friend of Rays n Perrottet gives him a glowing character reference.

And he said Vlandys would like to give us 1% unbelievable these grubs




Sandro Bechini
Australia
(Verified User)
Posts 17201
Dogs 13929 / Races 1797

06 Jul 2018 08:14


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EXTERNAL LINK


Terry Jordan
Australia
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Posts 3250
Dogs 0 / Races 0

06 Jul 2018 08:49


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I'd like to know how many of these Pollies have accepted the Gratuitous offerings from Mr. V'Landys to attend meetings at both Rosehill & Randwick? over the years. While Legal! Most would feel obligated to VOTE for advantageous decisions to go the way of the Thoroughbred Racing.
How many Pollies vote on these decisions? Owning or have Family Interests, or involvement in Thoroughbreds? Do they ABSTAIN?

Perhaps Mr. Borsak ask each Pollie to sign of on the number of Visits to Thoroughbred tracks as GUESTS?..... TRANPARENCY!


Mark Donohue
Australia
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Posts 2285
Dogs 6 / Races 0

06 Jul 2018 08:52


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Sandro Bechini wrote:

EXTERNAL LINK

Mr Borsak mentioned the rip off in parliament.

It’s funny how they always refer back to another dud deal such as the ICA. If Mr Borsak gets the balance of power he will change it or navigate around it.


Terry Jordan
Australia
(Verified User)
Posts 3250
Dogs 0 / Races 0

06 Jul 2018 08:55


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Sandro Bechini wrote:

EXTERNAL LINK


Showing there true colours Sandro! Nothing will change what effects the Thoroughbreds in any negative way. Especially Financially.


Simon Moore
Australia
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Posts 2122
Dogs 32 / Races 393

06 Jul 2018 11:07


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Ray asked who was the Dunderhead that agreed to sign up for 13%?

Lol

And yet here we have the GBOTA sending emails to participants to demand from the government that we get our FAIR SHARE.

Maybe if Mr Scott and his team didn’t bend over backwards to encourage the government to implement DISGRACEFULLY UNFAIR and HYPOCRITICAL restrictions and regulations then the industry’s participants wouldn’t need to contact their local member to beg for a fair go.

This combined with only 13% is a one way ticket to extinction imo. How can there possibly be any other outcome?


Mark Donohue
Australia
(Verified User)
Posts 2285
Dogs 6 / Races 0

06 Jul 2018 11:34


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Totally agree. You can see through it too ! Grrrr


Simon Moore
Australia
(Verified User)
Posts 2122
Dogs 32 / Races 393

07 Jul 2018 03:42


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Would be hilarious if the Treasurer named him when Ray asked the question.


Bruce Teague
Australia
(Verified User)
Posts 739
Dogs 0 / Races 0

12 Jul 2018 01:11


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simon moore wrote:

Would be hilarious if the Treasurer named him when Ray asked the question.

Simon,

The short term mess is one thing and belongs to GBOTA/Alliance.

The old mess is crystal clear and spoken under oath: the GRA Chairman asked the GBOTA and NCA reps what to do. They said sign, so he did.

I have since queried one of those "advisors" who still claims it was the best thing to do at the time. At a pinch you might accept that for the 13% but never in a million years should anyone have locked it in for 99 years.

Nonetheless, all subsequent boards and directors have allowed expansion to occur, knowing full well that they would not get the full dollar in return. That's called profitless prosperity. At the least, that amounts to poor business nous.

In parallel, the Auditor General, who does the greyhound books, has failed to comment on the worth of the way greyhound funds were employed or where the organisation was headed financially. (That contrasts with the way he rips into folks like the rail/transport mob where he showed they missed their targets or did not assess projects adequately).

To avoid future bankruptcy, GRNSW might well consider reducing races to around the 500 mark (the minimum as required by the TAB agreement). Financially, that might be the better of two evils. Of course, that would also prompt sharp reductions in staffing at both GRNSW and GWIC???? Operationally, that might be where we are headed anyway - we just don't know.

Either way, any directors plotting a course over the next few years would need to be very careful about approving a trading account. They are liable under law.

The $41m (or what's left of it) does not count because that is capital funding via grants, not for operational expenses. It's major purpose is for the government to say we did what we could, so it's not our fault the industry collapsed. That said, the current board is entitled to put in a claim for more than the measly 10% of the tax equalisation money. If it doesn't, it is not doing its job.

GRNSW just lost one accountant but gained another one to replace him. Lots of questions - few answers. (NB No good trying to blame an employee, it's the directors who are responsible).



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