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As mentioned before Bookmakers last year, according to Paul Struthers on Radio 5, made £100,000,000,000 pounds profit from British Horseracing last year.
I very much doubt ‘The Governer’ would make a rick of such magnitude.
I very much doubt ‘The Governer’ would make a rick of such magnitude.
Let’s try £1,000,000,000
I very much doubt ‘The Governer’ would make a rick of such magnitude.
Let’s try £1,000,000,000
The Roy & Topping Random Number Generator (patent pending) always seems to come up with a conveniently round figure.
Grasshopper,
Have a look at this :
http://www.britishhorseracing.com/insid … ew2010.pdf
and scroll down to page 32 for a detailed list of all BHA employees.
There on one page is the reason why nobody at the BHA is keen on an alternative to the Levy – because it’s the Levy that mostly pays their salaries and funds their pension plans.
Hard to think of any other way they could raise the £31.7M that they report as their budget for 2010 (page 31).
AP
I make that 220 individuals, and there are people who draw money from the BHA kitty who are not even mentioned there.
Interesting reading, Alan.
It’s perhaps then a question of motivation, rather than talent, that is behind the apparent dependency on the Levy….in which case the industry really is in an even worse state than I imagined.
Delinquency can be forgiven, if the delinquent is swiftly moved along and replaced with a more capable individual. But lack of motivation – for whatever reason – across the board (Board?), coupled with a large absence of external accountability, is a much bigger threat, imo.
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