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Author Topic: Magic Millions at Gold Coast  (Read 6936 times)
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Falcon
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Original Post 2009-Dec-19, 07:10 PM

magic for CoastDaniel Meers   |  December 19th, 2009

THE future of the Magic Millions raceday has all but been assured after the Brisbane Racing Club last night formally told the Gold Coast Turf Club they do not want to steal the meeting.

In a stunning revelation, The Gold Coast Bulletin can reveal the board of the BRC, who govern John Singleton's preferred alternate venue Eagle Farm, said the club would not enter negotiations with the Magic Millions company if approached to host the event.

The BRC sent a letter to GCTC chief executive Grant Sheather yesterday after their board this week passed a motion not to make any attempts to poach the $4.6 million raceday.

"BRC has absolutely no intention of attempting to lure feature race dates away from other clubs, specifically the BRC believes the Magic Millions should be held at the Gold Coast racecourse and conducted by the GCTC," read the letter.

"If moves were made by Magic Millions to move the Magic Millions races to Eagle Farm, the BRC would not hold any discussions or negotiations with Magic Millions."

The BRC board voted on the resolution after speculation arose about the future of the event at the Gold Coast and Eagle Farm was again raised as an alternate venue.

Magic Millions would now have to move the event away from Queensland if they wanted to strip it from the Gold Coast.

The BRC said they would only negotiate with the GCTC over the future of a Gold Coast-based Magic Millions raceday and that would only be in the unlikely event the Bundall club decided they wanted to host the meeting but rent Eagle Farm's larger facilities.

Gold Coast Turf Club chairman Andrew Eggleston last night heaped praise on the BRC for their stance.

"This shows that clubs can work together and that's what racing should be about," he said.

"We've got plans to improve and better cater for crowds with the facilities we have at the Gold Coast and this gives us further substance to press ahead with those plans."

Sheather said he was hopeful the formal statement would switch attention back on to the meeting.

"It puts the focus back on the raceday and back on our long-term plans to expand the event for the future and how we can promote it further both internationally and more nationally," he said.

"We want it to stay here, it's a great concept John (Singleton) and Gerry (Harvey) have created.

"They've done a great job and we want to work hand in hand with them."

Sheather confirmed the club had already begun preparations to look at expanding raceday facilities to include the infield for 2011.

« Last Edit: 2010-Sep-23, 10:31 AM by dubbledee » Logged
 
Antitab#
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2010-Mar-16, 07:53 AM

Why the hell doesnt  the control body operate the way similar bodies do in evey other sport and industry in the country. They receive government funds and then distribute as neccesary to those in need.

Why the fcuk does deluded Bob believe the QRL are entitled to any equity just for passing on some cash that they were granted by the government . I hope the GCTC keep fighting and refuse to be effectively invaded by the dictator.
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Proud Knight
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2010-Mar-16, 11:49 AM

Why the hell doesnt  the control body operate the way similar bodies do in evey other sport and industry in the country. They receive government funds and then distribute as neccesary to those in need.



Not right Anitab. Name an AFL or NRL team which owns the stadium they play at?

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Antitab#
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2010-Mar-16, 11:56 AM

Not a relevant comparison . AFL & NRL teams pay rent to use a stadium owned by others. They then try and make money out of the deal by selling enough tickets. Most race clubs already own their facility. Why should they give that up?

Name one other control body in any sport or industry that get a grant from the government and then expect an equity stake in the organisation or company who they distribute  the governments cash to.  
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Proud Knight
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2010-Mar-16, 12:01 PM

Name one other control body in any sport or industry that get a grant from the government and then expect an equity stake in the organisation or company who they distribute  the governments cash to.


Perhaps there should be more? The QLD State Govt is not going to just hand over $75m to the GCTC board and a group of members to do with it what they will. What if they piss it up against the wall and loose the lot ?
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Antitab#
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2010-Mar-16, 12:12 PM

Its called communism.

The State owns everything.
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Grega9430
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2010-Mar-16, 03:20 PM

Perhaps there should be more? The QLD State Govt is not going to just hand over $75m to the GCTC board and a group of members to do with it what they will. What if they piss it up against the wall and loose the lot ?


PK, the QLD Govt didn't mind handing over $30M to QRL for them to piss it up against the wall building Cushion Tracks.
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richo
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2010-Mar-16, 03:49 PM

pk why should gold coast give up any equity in their track how much over the last 20 years has the qld govt made in taxes out of the coast i'll bet over that period of time the govt has recieved a lot more than what they have put in but on your reasoning it's ok for qld racing to take a share in the coast but if all the clubs shut their doors then there's no need for qld racing, the trouble is when the tail starts wagging the dog thats when the shit hits the fan.
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JWesleyHarding
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2010-Mar-16, 08:48 PM

All this suff is pure speculation.

I won't believe a word of anything I read on here until ted gives me the good oil.
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Arsenal
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2010-Mar-17, 08:30 AM

Arsenal, there are a fair few other stakeholders in the area other than Gerry and Singo. This issue just isnt about Magic Millions. What about the trainers and the owners of the 700 horses in work?




Understand that PK but none of them were present at the meeting with Treasury and the $85M handout,but Singo was
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MagiC~*
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2010-Mar-17, 08:35 AM

PK,

Could we get Big Bob to pull his hand out from up the back of your shirt please  stop
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Proud Knight
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2010-Mar-17, 09:35 AM

Could we get Big Bob to pull his hand out from up the back of your shirt please


Magic, take a poll of trainers at the Gold Coast and see how happy they are with this stalemate situation. Most of them cannot believe the club wont even sit down and talk with QR. They are green with envy at what you have at the Sunshine Coast and many would swap places if they could.  Dont take my word, ask them yourself.
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Antitab#
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2010-Mar-17, 09:50 AM

So your solution to the problem is to give into the bully for some possible short term gain, even though long term you are selling the farm for one new paddock.

Thank God the GCTC committee have more foresight and fortitude than the trainers you refer to.

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goodwoman
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2010-Mar-17, 09:57 AM




I understand there are only 14 trainers who are paid-up members of the GCTC.  These 14 trainers will therefore have a vote re this issue when the Board put forward their recommendations to the membership base.
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Proud Knight
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2010-Mar-17, 03:42 PM

So your solution to the problem is to give into the bully for some possible short term gain, even though long term you are selling the farm for one new paddock.

Thank God the GCTC committee have more foresight and fortitude than the trainers you refer to.



No one is selling the farm. What is being proposed is a joint venture between the club and QR. Don't sensationalise it Antiab, particularly when you or anyone else (including me) dosent know all the details. So how can you take such a strong stance? My position is, the club should be talking to QR and trying to get the best deal, not just putting up the brick wall.
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Proud Knight
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2010-Mar-17, 03:46 PM

I understand there are only 14 trainers who are paid-up members of the GCTC.  These 14 trainers will therefore have a vote re this issue when the Board put forward their recommendations to the membership base.


True Goodwoman. And so will their many owners who are mostly members.
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