In this Discussion
- Amyquil October 2014
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- Arlo May 2019
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- brady January 2014
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- IntoIt October 2014
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- LuckyLongshots October 2018
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- Nevershowsurprise November 2018
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- paraletic April 2019
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- Pink_Blue June 2016
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- Polar January 2014
- psycho March 2019
- PuntingTragic January 2014
- Radman July 2014
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- silky March 2016
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- SPUDLEY February 2014
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- Theodor January 2014
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Comments
brady likes this post.
I for one appreciate Theo taking the time to do so
Thank You Theo
Piston_Broke, Chelsea likes this post.
It would be good if he could find personal happiness and move on, but some people never get past it.
So I cut him some slack. It would be good if you could as well.
Carlosa likes this post.
TheFunkster likes this post.
PuntingTragic dislikes this post.
Carlosa, Darkhorse likes this post.
Darkhorse, Piston_Broke likes this post.
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Awww your so sweet Trojan Dork thanks
Yes he does it well, yes it is good of him, but he or his agenda will benefit a lot more than you or I...
;)
As it your stuff Rio bloody big shadow got cast over the mounting yard after the first at Gero I thought it was an eclipse on Sky
Ring a ding ding my wizza is no fizza
RIO likes this post.
for somebody that does not have english as a first language, you're going very well trojanhorse.
RIO likes this post.
RIO likes this post.
ma va la, para, a calabrian would not know what "justice" meant...."revenge", yes.
disclaimer: i am a member of the WAIC and have many, many sicilian amici.
:-SSparaletic likes this post.
thefalcon, oldhendo, PuntingTragic, TheFunkster, Legless, Carlosa, SPUDLEY, squid69, Chelsea likes this post.
paraletic likes this post.
Let's not worry about the tracks .
One of the reasons given for selling off the land was to get the club to debt free position and then to allow it to upgrade the current facilities, from a base of no debt hanging over the club.
The grandstand replacement is a great idea and should have been part of the plan from the start - and therefore part of the negotiations for the sale. What the plan was at the time was to refurbish the current one and therefore they negotiated enough cash to be able to do that refurbishment, plus other necessary upgrades at both tracks....and be debt free.
That is my beef, not the new grandstand, but once again the members are going to be in debt, when that wasn't part of the plan. And the committee is protected from later prosecution, not by law - which can be challenged and if need be has in the past for many boards (not PR board - but general boards of companies) if gross misconduct can be proved - but they are protected by an "act of parliament" from memory (I looked in to this 3 or 4 yrs ago and things may have changed, but not to my knowledge).. So if the club is left with debt, that debt will need to be paid by the members, who didn't know we were going back into debt until this decision had been made.
The initial decision to sell the land was done with many consultation periods with members over several years, which allowed members to vote off committee people if they didn't want to progress. By so many committee being retained it is an indication that the members were in agreement on the issue... This change to put members back in debt was not part of that agreement, in this members opinion.
The question time in May will be well after the event and nothing more than a take it or leave.
I once again re-iterate that having a new grandstand at Belmont is the best thing for all participants in the industry, especially trainers and members In My Opinion.....But going back into debt when we have very few assets (saleable) is a big risk. And I see the main reason for Golden Shower encouraging PR to do it is so that they can use that to advertise the sales of their properties...which is said to take over 10 years to fully develop the entire re-development precinct.. BY that time the gym will be old and outdated!!!
So even if we get told in May that the building is totally financed by Golden Shower - with the club making payments to them for the facility - We will still be in debt, which to my knowledge and understanding was not the expected outcome of selling all of that land on the front step of the CBD..