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Author Topic: QRL Secures Wadham Park  (Read 6115 times)
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BillandTony
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Original Post 2009-Mar-24, 05:04 PM

from www.racingxtra.com 

Was Dale Sutton still training there or not?

Queensland Racing Limited (QRL) chairman, Mr Bob Bentley, announced today that QRL has secured the Wadham Park equine training complex and veterinary hospital at Beaudesert south of Brisbane.

Wadham Park covers 66 hectares of prime, flood-free land in two portions and comprises a fully equipped equine and veterinary hospital with two state-of-the-art operating theatres and recovery facilities. In addition to all fixed improvements, the complex comprises:


1 x 2200m grass track
1 x 2000m grass track
1 x 2000m synthetic track
1 x 1400m sand track
Numerous sand rolls and round yards
1 x 50m swimming pool
1 x 75m swimming pool
2 x aqua walkers
3 x eight horse walkers
2 x 16 horse walkers


"Wadham Park will ensure that South-East Queensland has up-to-date training facilities to accommodate continued expansion of the racing industry. This new initiative will take pressure off existing facilities at the Gold Coast, Beaudesert and Deagon, which are currently overtaxed and in less that optimal condition," said Mr Bentley.

"The contract to purchase Wadham Park follows the recent decision to approve the newly formed Brisbane Racing Club's (BRC) application to build on-course stables at Eagle Farm. The BRC's decision on balance will be sufficient to accommodate the metropolitan training needs.

"It is expected that Wadham Park when fully developed will provide stabling and training facilities for 700 horses and will provide a huge employment boost to this area of Queensland.

"QRL will develop a five year plan to fully develop this facility and will provide Queensland with a training centre equivalent to what is currently enjoyed by the Victorian racing industry.

"In addition it is QRL's intention to establish Wadham Park as the Queensland industry's training centre to ensure that modern, professional, scientific skills are delivered to a new generation of industry workers in addition to the accommodation of 700 horses on site.

"Wadham Park is ideally situated, being in close proximity to the regional high schools of Beaudesert, Boonah, Canungra and Jimboomba. These schools are already providing a comprehensive agricultural curriculum but lack dedicated facilities to complement the student's enthusiasm for the industry in providing future horse technicians, trackwork riders and jockeys.

"The securing of Wadham Park will allow the transfer of QRL's already successful training department to take advantage of this exceptional resource base."

Mr Bentley anticipates that the handover will take place on July 1, 2009, and it is intended to have each facility up and running as soon as possible. QRL is currently in the process of developing a staged development plan, which is likely to see ongoing development at each facility for a number of years.

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Stan Still
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2009-Jun-15, 05:44 PM

err, as i was spraying.......somewhere there isnt any mention of the cost of QR's due dilligence as industry participants were led down the garden path once again. One would have thought it would have been common business manners to divulge how much was wasted on this irresponsible, hopeless cause. I guess when you are not beholding to anyone you dont have to justify anything.  There goes my theory of buying up all the long legged weanlings, which would have been happy as swans on a pond had the wonglepong misadventure gone ahead. Lets now wait with baited breath on the next exciting real life adventure based on the worst selling book Funny and Forlorn Tales from a Deagon Bunker, so far we've had "Wake Up in Wacol"; "Airport Precint Takes Off", "Greenfield Gyrations", "Mystery of the Palm Meadows Marshes", "Doom'n'Death at Doomben, "Country Racing - Lest We Forget". Would someone have a guesstimate of the total costs for all the consulting, due dilligence etc, et alia for these masterpieces ?????????????????
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dubbledee
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2009-Jun-15, 08:02 PM

Striking differences in the tones of the Birth Notice and the Death Notice.
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InTheKnow
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2009-Jun-16, 09:33 AM

Qld Racing Abandons Wadham Park Purchase
Chairman Bob Bentley confirmed Queensland Racing "has completed its due diligence investigations on Wadham Park" & has "notified the vendors that it has been unable to satisfy itself in respect of its due diligence inquiries, owing to the high standards that are required to be met by the industry". As a result, Bentley "confirmed the vendors have been advised that QR will not be pursuing the purchase of Wadham Park at this stage". (Jun 16)
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dubbledee
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2009-Nov-17, 05:28 PM

QRL Chairman Bob Bentley told today's AGM of QRL that the cost of Due Dilligence etc on the Wadham Park proposal was $226,212.45
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Max Manewer
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2009-Nov-17, 05:29 PM

QRL Chairman Bob Bentley told today's AGM of QRL that the cost of Due Dilligence etc on the Wadham Park proposal was $226,212.45


What a bargain !  lol
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tessa
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2009-Nov-17, 08:12 PM

But who was paid this amount for the consultancy. On QR website I saw the same question asked but no reply given. Did I miss a paragraph or two?
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ted e turner
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2009-Nov-17, 09:44 PM

226 k equals 8 country meetings=qrl pty ltd=parasites wacko
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Stan Still
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2009-Nov-18, 08:02 AM

All the Bogan had to do was ring a few of the nearby farmers and ask what parts of Wadham doesnt go underwater in a big raifall, or count the number of frogs that drown every year when wadham goes and stay waterlogged, that would have cost about $5, lot better than $227,000. But its not Bogans money that he wastes its ours.
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ted e turner
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2009-Nov-19, 01:17 PM

hear hear stan Thumbs Down
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dubbledee
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2010-Feb-26, 12:51 PM

Word has it that Wadham Park has been purchased by the Patinack operation for $8 million.

If correct, it was an ambitious salesperson who was talking to QRL. unsure
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ted e turner
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2010-Feb-26, 01:02 PM

blistered bob was mentioning 20mil...........................grand purchaser is our bob.......wonder if he could have got the shit-thetics cheaper and what the woomba removal cost will be....in woomba he has destroyed the fabric of 150 years racing and flatlined/halved its turnover ....onya bob and porkie
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Proud Knight
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2010-Feb-26, 02:02 PM

Word has it that Wadham Park has been purchased by the Patinack operation for $8 million.


DD, the $8m would be just for Wadham Park No 1 (ie the newer of the two properties) & not including Wadham Park No 2 (Dittmans old place inc Vet hospital) wouldnt it?
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dubbledee
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2010-Feb-26, 02:09 PM

PK

My info is/was sketchy.  You could be right on all counts.
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Proud Knight
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2010-Feb-26, 02:18 PM

If its $8m the pair, the big bloke has slayed them.
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