Owners once again propping up an unsustainable mod

I have just read an RA memorandum basically saying Clinton Binda has approached them ( not sure on behalf of trainers or on his Pat ) to increase trainers portions of winning stakes from 7% to 10%.

As it stands the owner loses 18% of his winning cheque, it will now rise to 21%. Owners pay 10% to both Jocks and trainers with a further 1% going to the groom. That 1% will rise and rise rapidly to 5% within 3 years if the EFF gets what they are asking for, and they will.

Owners I salute you. I also think you are absolute mugs.

The majority of the bigger trainers already charge 10%, with 7% deducted at source and an additional 3% charged on account, so this proposal would just simplify the admin.

Seeing the trainers are so hell bent on getting a larger slice of the pie and are prepared to strike to achieve that, maybe they should insist on seeing those stakes agreements and if they are being adhered to by Phumelela.

For me it depends on the final bill the owner gets - if a trainer charges 8k a month and does his own routine vet stuff, I am prepared to give him 15% of stakes; on the other hand if a trainer charges 12k a month and the owner has to fork out another few thousand a month in vet fees, then stuff him / her - they can do with the 7% :ohmy:

Greyhound owners were taken for granted in the UK

Over 100 tracks have closed down

Ten percent is fair. Same as Worldwide standards. Same as KZN. I cannot understand why it took so long.

Next year 12%. Jockeys 10%.
The owner is King. Hail the owner.


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As the heading says, “Owners once again propping up an unsustainable mod”
Trainers are standing together, jockeys too, so are grooms but who stands up for the owner who splashes out the money to purchase the horse and to pay monthly bills to feed, train and vet (medical) the horse ? An owner who sees his intellectual property being used by the authorities for free to broadcast and profit from, an owner who’s rights are being infringed on by timing devices attached onto his property (horse) without his permission, whose stakes agreements are clouded in mystery and secrecy and who is charged levies and membership fees for that “privilege”. Oh, sorry, I forgot, owners have the RA under Wainstein and the Trust (under Phumelela control) not to mention access to the NHA under Barends.
While it’s good to see trainers standing up for each other, not sure the authority to act given to them by the owners, who keep them in business,. was intended for the purpose of further infringing on their (the owners’) rights or their take out monies.

Mac wrote: Next year 12%. Jockeys 10%.
The owner is King. Hail the owner.


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Yes , owning only 75% of the horse when it wins but 100% of its bills when its in the stable, lame or useless seems fair. :dry:
Great idea for reducing the dreaded vets bills..mandatory discount on all fees but vets get that percentage of stables winnings too? :whistle:

I have said this since I became an owner. For me the correct way is the trainer gets 0% of the stakes. The trainer should have a split training fee in which he discloses his stabling fee and his training fee separately. For examples stabling fee for the horse including groom R7,000. Training fee (what you paying for trainers time and expertise) R2,500. I’m using random numbers.

Should trainer A be a better trainer than trainer B, then trainer A can up his training fee to R5000 if he wants. It now becomes my decision as an owner if I wish to use trainer A or trainer B.

The way a trainer shares in the stake money is a clause in the contract with the owner (nobody has these) something along the lines of should the horses stakes outweigh the fees paid, then a % of the over and above stakes be split x and y.

I’m sure most owners agree that we not in race ownership to make money but we would like to not bleed money. To get more owners in the game, it has to be beneficial to the owner.

Its about time the trainer gets what he deserves..should have been 10% from the start.. What we forget is that these blokes get to the stable at 03h00 to o4h00 in the morning..take care of our horses and then have to wait for their bills to be paid..using their time and money to take care of the horses..jockeys gets pd per ride..wait until the trainers asks to be pd per runner.

the problem with trainers is they all love to hate each other. after all in theory they competing for our business. i should say the same thing about jockeys BUT SA jocks are super friendly with each other its actually nauseating and another reason why results/form are so messed up.

but back to trainers.

Personally i think a trainer should be on a performance related bonus. Details of which can be ironed out at point of signing up. BUT where i do have a problem is them asking for a greater % YET still have low training fees.

For a trainer to eat and horse to eat the minimum that should be billed to an owner is R9000 pcm

anyone charging less is doing themselves and or horses out of something. Now if all trainers charged R9000 pcm as a basic a few things would happen one of them is trying to get a higher % off the owner when a horse earns stakes. IMVHO stakes should be what insures the owner to re buy and re feed horses for the next season. Therefore the more stakes he gets back the better.