Unhappy owners

Pixie Wrote:

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> All owners in Phumelela land pay to the RA .
> whether a member or not. Nomination and
> acceptance fees paid to enter races include a fee
> to the RA. In the 2013 accounts that added up to
> R11.3 million. membership subs were 900k. So All
> owners who race in Phumelela operated racecourse
> pay to the RA. R11 million taken out of owners
> pockets.

pixie how can it be that the owner for is no the RA member hes money go to the RA? if these is true why is these so? for me phumelela put the show on they must get the nom and acceptence money? all so if these is true why do owner pay for membership of RA when all hes money is all ready go to RA? it no make sense?

Pixie Wrote:

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> All owners in Phumelela land pay to the RA .
> whether a member or not. Nomination and
> acceptance fees paid to enter races include a fee
> to the RA. In the 2013 accounts that added up to
> R11.3 million. membership subs were 900k. So All
> owners who race in Phumelela operated racecourse
> pay to the RA. R11 million taken out of owners
> pockets.

If true, isn't that fraud??

is what i am think greg i do no under stand why this is so if it is true

It`s not Fraud Greg,but there must be another word for it ()

To protect and support the interests of the sport of horseracing in general and, in particular, the interests of the owners by working through the racing association board of directors and management to ensure that every aspect of the racing industry realises its greatest potential.

In endeavouring to achieve the above, the Racing Association undertakes to:
1. Liaise closely with the National Horseracing Authority (formerly the Jockey Club of Southern Africa) in respect of:

a) The criteria for the granting of colours.
b) The fee structure pertaining to the ownership and breeding of horses.
c) The rules pertaining to the owning, training and racing of horses.
d) The control of racing to ensure the highest level of integrity.
2. To liaise closely with Phumelela in respect of:

a) Determining annual racing fixtures.
b) The programmes for all race meetings through the Joint Committee including the Feature Race Programme and to promote cooperation with Gold Circle in achieving complementary racing programmes.
c) Local conditions and related issues.
d) The agreed stakes formula and to ensure the annual 'stakes pot' is strictly adhered to.
e) Setting the allocation of stakes to all races through the Joint Committee.
f) Providing adequate and acceptable race day facilities as well as the highest possible level of quality and service.
g) Ensuring that the stabling and training facilities as well as racing surfaces are maintained to the highest possible levels.
h) Ensuring, where possible, that the balance between subsidies and the return to owners in the form of stakes is appropriate for the long-term viability of the sport and further ensuring that the RA / Phumelela Agreement in general remains relevant.
i) The proposed merger with Gold Circle and the introduction of a National; Tote with or without a merger.
j) The quality and professionalism of Telly Track.
3. To liaise closely with the Jockeys' Association in respect of:

a) Jockeys' remuneration.
b) Jockeys' code of conduct with particular emphasis on the projected image of racing and the professionalism displayed during the running of race meetings.
4. To liaise closely with the Trainers' Association in respect of:

a) The relationship between owners and trainers.
b) Trainers' general code of conduct.
c) Ensuring that the stabling and training facilities as well as racing surfaces are maintained to the highest possible levels.
d) Local conditions, programming and handicapping issues.
e) The introduction of a personalised agreement between owner and trainer as a matter of courtesy.
5. To liaise closely with the Thoroughbred Breeders' Association in respect of:

a) The promotion of the owners of racehorses.
b) The possible promotion and marketing of special events.
c) The fee structure pertaining to the ownership and breeding of horses.
d) Areas of common concern.
e) Ensuring the long-term viability of the South African breeding industry.
f) Equine research.
g) The creation of export opportunities for the industry.
6. To liaise closely with the Racing Trust in respect of:

a) Ensuring that the objectives of the Deed of Trust are met - primarily the training, education, development and transformation of the industry with a view to ensuring the long-term viability and success of the sport of horseracing.
b) Ensuring the main business, and thus focus, of Phumelela remains horseracing.
c) Its funding requirements for specified projects.
7. To liaise closely with the National Horse Trust in respect of:

a) Facilitating the objectives of the National Horse Trust.
b) Its funding requirements for carrying out these objectives.
c) Promoting public awareness of its work.


INDEPENDENTLY OF THE ABOVE, THE RACING ASSOCIATION UNDERTAKES:

1. To promote ownership and awareness of horseracing.
2. To entertain prospective new entrants.
3. To entertain owners generally from time to time and more specifically to entertain owners of horses participation in major feature races.
4. To communicate with members and provide for their needs.
5. To interface with international owners and related bodies.
6. To promote recognition of excellence through:

The Equus (National) Awards and
Regional Awards.

They not looking into the interests of grooms/workriders too?

'To entertain owners generally from time to time'

This did actually happen some years ago - I think once a year for 2 years running - about 'time' again :S

For me, in practical terms I can't see any benefit in joining the RA - it may be true that they do at least some of the things they say they do (as per the post above') - in fact why is it necessary for somebody to ensure that 'The agreed stakes formula and to ensure the annual 'stakes pot' is strictly adhered to' - don't we trust Phumelela < But the point is they do what they do (if they do) for ALL OWNERS, whether you are a member or not; the only practical 'advantage' of joining (in Gauteng) is that you get to book a table in the Elevation Room - where kids under 12 are not allowed - so I suppose it depends on one's personal circumstances whether this is actually a priviledge or not.

And I would like to see someone with the necessary legal / financial knowledge to comment on the portion of nomination and acceptance fees that gets paid to the RA - if it is indeed 'legal' - certainly can't be ethical - imo :S

Its a rip off if a owner why do you have to be a member,they making millions ,before you get you tote ticket your R1 becomes about R0.60 or so,take away they punter they are faked,if they are paying all the things they say and do ,it comes from the punter,they say the soccer is make more then racing,but that money in to racing and not into the RA's pockets,I am finished owning horses paying for member ship,funding clive ,vee and the rest to entertain there mates and like wild buffalo running wild on the race course,I love this game but as they say in dragons den ,I'm OUT

Flash Harry Wrote:

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> elvis is ask the fair question what do you get as
> the owner from ra?


RA owners are exclusive to qualify for the added winning stakes to some/most/all maiden races run by Phum. Most small-time owners only own maidens

Mac Wrote:

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> Flash Harry Wrote:
>

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>

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> > elvis is ask the fair question what do you get
> as
> > the owner from ra?
>
>
> RA owners are exclusive to qualify for the added
> winning stakes to some/most/all maiden races run
> by Phum. Most small-time owners only own maidens
>

Not a 'real' benefit imo - very few of these races around, so what are the chances of your maiden ending up in one of these ?

what percentage of owners in phumland does the RA represent??

Just bear in mind that this is a premium race day and being able to get a table just for drinks when someone else is willing to pay R600 is just not good business. If you want to attend the day then book a table, if you just want to watch your horse run then go to the grand stand. Just my opinion.