forum.sports-pro.co.uk

nick1176wba · Handicapper Joined: 22 Feb 2006 Posts: 160

if we do fill the allocation of 40 shares what about upping the monthly cost to £50 a share that way there will always be someting left in the pot for little emergencies. Its a bit risky spending the entire monthly budget every month then find we need some and have to ask member to pay an emergency payment

kickingkyle · Posted: Mon Aug 14, 2006 5:23 pm Post subject:

Someone can take my share already. I can see the costs are going to be alot higher than originally sated and as im only 19 i think id prefer a nice holiday

I will still watch with great intrest though as i wont be on the boards to much as of next week.
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jennywales · Posted: Mon Aug 14, 2006 9:41 pm Post subject:

Kyle, sorry this seems to be going out of your reach. I did try to cost realistically, but it is only when you discover the detail you really do get an overall picture which is actually practical.

Maybe in a while, I hope!
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blueboy · Listed Winner Joined: 21 Apr 2006 Posts: 809

I would be intrested in a share or 2....more of a back seat role then anything....
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glennie1970 · Posted: Thu Aug 17, 2006 1:17 pm Post subject:

nick1176wba · Handicapper Joined: 22 Feb 2006 Posts: 160

you have already have me down for a share which im still interested in but afraid im like blueboy would have to be more of a back seat person ill chip in with ideas when i can but i have a business to run

jennywales · Posted: Thu Aug 17, 2006 3:48 pm Post subject:

Nick and Blueboy, don't worry. Back seat is no problem. The syndicate manager will be required to let all members know what is going on (see BHB Guidelines!), and the principle is that everyone has equal rights on most things - only exception is that IF there is any prize money it should (a) go back into the pot to reduce the price of monthly contributions (b) be put into a contingency fund and (c) if large amounts (unlikely) syndicate as a whole should make a decision to distribute, or to re-invest in another horse, or any other option.

This is something we will discuss at the York meeting (if enough of us can come), and decisions made there will be communicated in full.
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pickles · Posted: Tue Aug 22, 2006 5:10 pm Post subject:

sorry, but i think im going to have to withdraw my interest, i have been looking at my finances and dont think i could commit. sorry to let you down.

jon

rapidlateheadway · Posted: Thu Aug 24, 2006 7:09 am Post subject:

LETS KEEP THE ORIGINAL IDEA OF £250 FOR THE PURCHASE/ £35 PER MONTH. IF THAT MEANS WE REQUIRE 50 MEMBERS THEN THATS WHAT IT SHOULD BE. IF WE ONLY HAVE 30 MEMBERS, THEN WE MUST ASK THE CHOSEN TRAINER IF HE`S INTERESTED IN THE OTHER 40%(20 SHARES).

THIS WAY WE HAVE A FIXED OUT LAY AND EVERYONE CAN THEN DECIDE IF THEY WANT TO COMMIT OR NOT.

RAPID

golfswing · Group Performer Joined: 23 Feb 2006 Posts: 2679

I agree Rapid... Cost will obviously be the determining factor as to whether peeps want to take the plunge or not.. Better having lots of shareholders than a few who may at a later stage feel they have bitten off more than they could chew...

The one thing we have is, plenty of time, we have no deadlines to meet...
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rapidlateheadway · Posted: Thu Oct 05, 2006 10:45 am Post subject:

Anyone know anything about APPEARANCE MONEY for running your horse at certain tracks ???? I noticed this in a race card and I`m just wondering if this is the norn at all tracks. @ 80p per mile one would have thought there is some sort of incentive to run a horse at a track.

Rapid

jennywales · Posted: Thu Oct 05, 2006 11:42 am Post subject:

Thanks Rapid, I had not noticed this! Any idea which tracks, how much and so on? Usefulness of such a contribution would depend heavily on where appearance money is offered, how much and at which meetings, for obvious reasons. I don't think it would help in easing the burden of training fees by much, but obviously it depends on figures.

One thing for sure, we would be foolish in the extreme to try and rely on appearance money to lower the monthly cost of a share. If the horse can't make the meeting, it's in the wrong place, at the wrong time......

But certainly worth looking into, I think, as long as we regard it simply as a possible bonus.
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rapidlateheadway · Posted: Thu Oct 05, 2006 1:02 pm Post subject:

Hi Jenny,

I looked at a Perth race card while at lunch. One race The city of Dundee Chase offered £400 for appearance money subject to conditions. This was from the April meeting this year. It was a quick look I had and it appeared this was the only race that day that had appearance money on offer.

I do not know if this sort of thing happens every day. Anyone else know anything ??????

Rapid

pickles · Posted: Wed Oct 11, 2006 8:46 pm Post subject:

Im sorry, to let the group down, but i wont be able to join the syndicate, Ive been having car trouble, and need to buy a new one for work purposes etc.

Maybe i could join at a later date if anyone drops out.

Sorry.

Regards

Jon

jennywales · Posted: Wed Oct 11, 2006 9:36 pm Post subject:

Pity Jon but never mind - it happens! You'll be on the list for when you feel able to join.

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