Baz (NZ) 1,722 Report post Posted August 12, 2022 https://www.nzherald.co.nz/horowhenua-chronicle/news/levin-racing-club-to-consider-transferring-assets-and-joining-race/MFV5RSQPMVCZNCHXJ5UANCCFX4/# Quote Share this post Link to post Share on other sites More sharing options...
tripple alliance 1,025 Report post Posted August 12, 2022 4 hours ago, Baz (NZ) said: https://www.nzherald.co.nz/horowhenua-chronicle/news/levin-racing-club-to-consider-transferring-assets-and-joining-race/MFV5RSQPMVCZNCHXJ5UANCCFX4/# Thanks Baz great info . Reading this it's highly unlikely anything is going to change , plenty of money in the bank and with 75% of members required to vote to change, change seems very unlikely . Baz (NZ) 1 Quote Share this post Link to post Share on other sites More sharing options...
nstrip 25 Report post Posted August 14, 2022 How can NZTR force Levin to sell? I guess NZTR are worried trainers will prefer grass to synthetic L.J.Shannon and Baz (NZ) 2 Quote Share this post Link to post Share on other sites More sharing options...
Pam Robson 1,547 Report post Posted August 14, 2022 8 hours ago, nstrip said: How can NZTR force Levin to sell? I guess NZTR are worried trainers will prefer grass to synthetic Because it is now a legal option. Quote Share this post Link to post Share on other sites More sharing options...
tripple alliance 1,025 Report post Posted August 20, 2022 The notice of the SGM first appeared on July 1 calling for a meeting on July 24. The meeting had since been rescheduled to 11am, August 21, at Levin Cosmopolitan Club. https://www.nzherald.co.nz/horowhenua-chronicle/news/levin-racing-club-to-consider-transferring-assets-and-joining-race/MFV5RSQPMVCZNCHXJ5UANCCFX4/# Decision day , interesting to see what happens , I suspect nothing which means the governments new laws and NZRs powers could be tested . Interesting times , this could have implications for many in the wider industry . He said the motivation for pursuing the relationship with RACE came from discussions with NZTR more than a year ago that the club could face the possibility of an enforced sale. Quote Share this post Link to post Share on other sites More sharing options...
scooby3051 10,869 Report post Posted August 23, 2022 They should take the 30 million...NZTR will get their hands on it one way or another...It could do some good make Awapuni a world class training facility...help the wider industry. Hall 1 Quote Share this post Link to post Share on other sites More sharing options...
tripple alliance 1,025 Report post Posted August 23, 2022 Found this elsewhere , Special General meeting was - 24 votes to join RACE 36 against . Levin is a nice asset for NZR to go after , it will be interesting to see if Race and NZR just accept this or go after it but them. Avondale would be the next logical target for NZR , it could be Levin will be the template for Avondale which is valued in excess of $200 million . Quote Share this post Link to post Share on other sites More sharing options...
