frankie

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Everything posted by frankie

  1. frankie

    ATC makes the hard calls

    There is some good news from the club. They hope to only have a debt of $40 million after the buildings are finished and they’ve sold all the assets possible, including Pukekohe. I think that’s good news? P.S. I assume they also expect to not lose their major court case.
  2. frankie

    ATC makes the hard calls

    So the Club has finally made some hard calls? May I suggest they are 3 years too late, just like our government was too late.
  3. frankie

    Check out all the draft race dates

    Another couple of reasons would be that HRNZ know the shit’s about to hit the fan re the apartments and secondly have a look at who’s representing Auckland at HRNZ. Holy hell. !!!!
  4. frankie

    Come on Mick

    I understand Guerin no longer works for the NZ Herald or RB/TAB.
  5. frankie

    corona

    With all and sundry excluded, I assume it includes the Board of the ATC, who clearly have no functions to undertake with owners and sponsors missing!
  6. frankie

    Because

    Tim who did the count for you? Once past yours fingers and toes you would have been in trouble!
  7. frankie

    Auckland Noms

    Well summed up Hermione, I attended Friday nights meeting and ambience of the whole place seems directionless. Nothing seems to be happening with the Club drifting into inevitable financial disaster. Hope I'm wrong but the word in Queen Street is not good. The Club says nothing. The latest is that the banks (plural), risk assessors, are forcing a fire sale auction of all unsold apartments. If true why has the Club remained silent to its members and other supporters?
  8. frankie

    Nui ba den

    Correct Tim. Just look at the board. They either clueless or Yesmen.
  9. frankie

    Nui ba den

    Tim the current system seems so stupid. Nui Ba Den and your trotter, that won a recent race and gained another win due to a relegation, are now basically finished. Are the suits running this industry morons? Surely they're not as clueless as the current systems suggests.Perhaps they have an agenda that we haven't worked out? Or did Phil Twyford come up with it?
  10. frankie

    The carnival is over

    They may seek wisdom from others in the industry and allow amateur races shortly, after all the last Board Member who had trouble reading and writing quit last week!
  11. frankie

    The carnival is over

    With such a lack of horse numbers, such a prosaic view by this new Board, and the previous, of not having amateur races is simply nuts.
  12. frankie

    1700m Races

    Certain stables have got away with obvious team driving for years. It's not an even playing field and the stipes in my opinion are morons.
  13. frankie

    CongratsTeam Melody Belle

    A very good mare, racing in NZ. It needs Aussie group one form to be really rated.
  14. frankie

    AUCKLAND UPDATE

    If the service station and burger bar sites don't sell, and the Bank insists on cutting debt, Pukekohe's gone.
  15. frankie

    AUCKLAND UPDATE

    Regardless what any paid employee or consultant may have done, or not done, ultimately the Board is solely responsible.
  16. frankie

    AUCKLAND UPDATE

    Acknowledged cash loss of $40 mil likely to blow out to $80. Discovery on major court case with construction company not looking good. Case in March next year.
  17. frankie

    Mainstream Media

    There's also an ex trackside presenter, who loves Harness Racing, working for TV One sports news.
  18. frankie

    Only

    The projected cash loss of 40 million is only the start. Could get to 70-90 million loss depending on court cases. And no one is responsible!
  19. frankie

    Only

    Tasman Man, M G was given info about the club well before the members in the past so he could publish it in the herald. What’s different now? The news is bad!
  20. frankie

    Only

    No straight out guess but an estimate of the extra costs to complete building 1, interest costs of very delayed completion dates, numerous disputes still not settled, money needed to maintain high stakes and money needed to service and hopefully eliminate various mortgages on the clubs properties.
  21. frankie

    Only

    In 2015 the Board famously said that they were not interested in a joint-venture property development as they would make more by developing the project themselves. Unfortunately they didn't have the expertise too do so. May be heading towards a cash loss of $50 million plus the land value. Lets wait and see.
  22. frankie

    box seat ,debate on blood spinning

    It’s an animal welfare issue and because of that it should be banned. As for any vet ever been objective - I haven’t met one yet.
  23. frankie

    box seat ,debate on blood spinning

    If there’s no vet on the show I wonder if it was possible to find one who was truely objective. They all take the same view as their collective masters, HRNZ.
  24. frankie

    Auckland trotting club is

    Two things Tim. How are the new stakes been funded, even allowing for less races, and if the proverbial hits the fan re the buildings, what happens next? Are the Board playing the long game or looking for short term glory? Secondly, now that you're back in the tent ....
  25. frankie

    Auckland Trotting Club

    Chevy I understand the new construction company what is completing the stalled first stage couldn’t agree a price with the ATC and are now working for ATC on a day to day to day basis. The ATC is now the running the project. This method is going to cost the club big time.