TROA Welcomes Victorian Prizemoney Reinstatement and Calls For Industry Efficiencies

Media Release - Tuesday June 30

Thoroughbred Racehorse Owners Association (TROA) chairman Jonathan Munz welcomed the Victorian prizemoney reinstatement recently announced by Racing Victoria.

"Everyone has done a good job under difficult circumstances,” Munz said.

“Prizemoney has been largely reinstated to pre-COVID-19 levels with a few smaller cuts due to the temporary financial difficulties of the clubs.


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“Prizemoney for all the major races has been reinstated.

“I should also mention that Racing Minister Martin Pakula has been great and the State Government has been very helpful throughout this difficult time.”

“Everyone fully intends to completely reinstate and indeed increase prizemoney levels next year.”

“That being said, this is an opportunity for RVL and the clubs to take a hard look at getting some operational efficiencies and overhead reductions, including even the potential merger of race clubs as has occurred in NSW.”

 

 


 

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