john legend

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  1. Like
    john legend reacted to tasman man 11 in Can the Auckland Trotting Club survive?   
    Good points john.........there were doubters from day 1 and obviously bad decisions were made early on with the project and particularly the choice of contractors etc.
    IMO its important to start with a 'clean slate ' on future plan and not get bogged down with the past , except not to repeat it.
    Desperate situations need urgent action and the major banker involved will be looking for significant monies to reduce its exposure.
    Collaboration from stakeholders is crucial and this not always evident in the Harness Industry....it seems .
     
  2. Like
    john legend got a reaction from Hunter the punter in Can the Auckland Trotting Club survive?   
    When the previous CEO was explaining how well she  wasdoing it did not ring true with me knowing a little about failed trotting clubs.!! All of the comments here are valid and many of us sounded warnings many months ago on this forum. TO SELL OFF land with great tenants as you say is short term desperation and can only be detrimental to the Club in the long term. ATC needs assistance as can not be permitted to collapse. HRNZ must seek Govt. help if necessary to keep the club solvent and may need to put in place a crisis management structure acceptable to them and the bank. I believe it is time for head out of sand for the present Board as any further" shocks" could see the Bank put the Club into receivership. I warned of this possibility at another Club and the only real response from many board Members , 'hrnz would never let it happen "  I personally was having weekly meetings with the Bank as to cash flow and with Council to seek relief . ATC is Harness Racing in the North  and must survive for the future of harness racing.
  3. Like
    john legend reacted to JackSprat in Can the Auckland Trotting Club survive?   
    My thoughts exactly. I'd imagine the lost income from the property they intend to sell would be similar to or even exceed the interest saving, so little if any net improvement in their position at all. And they'll end up getting screwed in the sale of the property seeing that it's common knowledge that they're in "fire sale" mode.
    These pending court cases will pretty much determine whether they can survive or not. If they go south and the losses happen to double things will get interesting.
    I hope those independent directors that were brought in to oversee this whole debacle have plenty of professional indemnity insurance!
  4. Like
    john legend reacted to lamour in Can the Auckland Trotting Club survive?   
    Good article by Knight.  Factual and  not sensationalist which is not what I was expecting after listening to Croon on Trackside.                                                                                                             So the ATC made $500k profit last year and expect about $2.5 mil in rent income when project is completed.  That’s $3m.  But what income do they receive from  the property they intend to sell?   If it’s worth $20m they should be receiving $1 -1.5 mil per annum so expected income after completion about $1.5m.  Not a lot to service a $20m loan.  If the loss balloons out it won’t be a pretty picture no matter how it is spun
  5. Like
    john legend got a reaction from Iraklis in UMC still at it   
    gold advert for harness racing making  national news (well done Jess or whoever responsible ,Tom?)I wonder if I heard correctly that UMC aiming to try to win Cup and to be only 2nd horse from soutlland to do it in last 100 years .the other being Lunar Chance in 1975. However the great wonder horse Cardigan Bay was born in Edendale in 1956 winning the nz cup in 1963 (from 54 yards.) Surely no one has forgotten the great Cardigan Bay ?
  6. Like
    john legend reacted to Iraklis in UMC still at it   
    Aye JL geez mate I was forced to yell a bit, he looked little bit lost on passin lane, tiz much much better for the nerves to see him out front n truckin away from em.....
     
    Cheers Iraklis
  7. Like
    john legend reacted to JackSprat in UMC still at it   
    Initially I didn't think he looked quite as sharp as he has been in his earlier races ....  but ..... running  a 1.56mr over 2600 on a wet track, after working for the first 400m to find the front, and seeing the sprint lane for the first time, at just you're 7th race start, can do that to you!
    He did what only good horses can do last night - he found a way to win even when he looked beaten.
    Absolute excitement machine who can only come back even better after a freshen up now!
    Into $7 now for the NZ Cup after only 7 starts!
  8. Like
    john legend got a reaction from Iraklis in UMC still at it   
    the experienced drivers John Dunn and David Butcher held UMC in a pocket so would not have much time to get up speed .but just too much  talent ... To beat Classie brigade and triple eight a real big step considering their earnings.245000 and 150000 respectively, and a slow track a 1.56 mr ,outstanding.But lets hope next few wins not as close.whew.!
  9. Like
    john legend reacted to Ohokaman in Can the Auckland Trotting Club survive?   
    A bloody disaster all round Jack. Saviours of the Harness Industry....?? They must be joking.
    Someone needs to account for the total incompetence shown......the pretty logos are worth fuck all now are they.....???
  10. Like
    john legend reacted to JackSprat in Can the Auckland Trotting Club survive?   
    The question has to be asked if the Auckland Trotting Club can survive in the wake of the mammoth losses incurred in the property development venture?
    There's also the "elephant in the room" of the pending court cases that could double the losses again!
    Will they end up having to sell Alexandra Park and move out of Auckland altogether?
    Where are the property development guru's now that they brought onto the board to oversee this disaster?
    How the hell did the recently departed CEO win awards for her "brilliant management" of the development?
    Who in their right mind would bring the guy that designed the CTV building in Christchurch onto the project team?
    Are the current stakemoney levels just an "ego trip" for the board given that the club could be insolvent within 12 months?
    Is it time for a Cambridge based contingency plan should the ATC be forced to sell up and move out of Auckland?
    Is taking pot shots at Garrick Knight for reporting the truth the best the ATC board has got to avoid admitting incompetence?
  11. Like
    john legend reacted to Iraklis in UMC still at it   
    Whoar, was gettin bit worried close to home but UMCullect dug in, and fought for his win tonight like a good horse should, nice he even made the 6pm news tonight as well.....
     
    Cheers Iraklis
  12. Like
    john legend reacted to Iraklis in UMC still at it   
    Hey JL you tryin to steal me thunder LOL has to be an omen ay shootin for win 7, in race 7 out of barrier 7 fingers crossed for him (UMayCullect)......
     
    Cheers Iraklis
  13. Like
    john legend reacted to Taku Umanga in UMC still at it   
    Are you Iraklis in disguise?
  14. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  15. Like
    john legend reacted to eljay in It's finally   
    Part of conditions for this week's meeting at Auckland
     
    Special Conditions
    RATINGS PROGRAMME This programme is ratings based. It is a likely indication of the programme that will be in place for this meeting. Where it is required changes will be made to the final programme after the close of withdrawals. Please Note: Ratings bands and other conditions shown only serve as an indication as to how races will likely be programmed. As nominations permit race conditions will be programmed to ensure horses can race in a competitive environment whilst also optimising field sizes and where possible ensuring as many horses as possible gain a start
     
    It just seems to be a case of "you provide the horses and we will tell you in which field you can race."      Really makes it hard for trainers to "plan ahead"
  16. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  17. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  18. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  19. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  20. Like
    john legend got a reaction from JJ Flash in UMC still at it   
    yes Westview.it s the manner of his wins which excites most of us. Many horses string 2 or 3 wins togetherand the owners and friends can get naturally optimistic they may have a buuding champion.However having watched 1000s of very promising horses it is rare to see one like UMC HE IS SPECIAL  and after 6 from 6 any distance/any comp/stand/mobile He just appears a pacer who while still learning to race  has untapped potential.A big plus is the owner will not sell "at any price"Lets hope he can get the general public intersted in harness racing as only champions can do.
  21. Like
    john legend reacted to westview in UMC still at it   
    When he won at Addington which seems along time ago I didn't rate him that high until I spoke to John Dunn after the race , he was in ore of the speed he showed when he breezed past. That's good enough for me.
  22. Like
    john legend got a reaction from Iraklis in UMC still at it   
    Agree Iraklis, even a match race between  U may Collect and Turn it Up say in Augast 
    )Scoobie could put $100000 winner take all ! (the Race Cafe Challenge )from his advert budget .. Just a thought . 
     
     
     
     
     
     
     
  23. Like
    john legend reacted to tim vince in UMC still at it   
    I think he should be made the pin up boy for harness. Needs a manager like duco.what a story.
     
  24. Like
    john legend reacted to scooby3051 in jewels fields   
    Whatever... you can knock the big boys as much as you want but it seemed like a bloody GOOD day...JMO.
  25. Like
    john legend reacted to One more lap in jewels fields   
    Good horses and some very good drivers showing a lot of talent, still like the mile racing though, they are race times we like to see