JUST minutes before the National Coursing Association’s semi-final round of the group 1 National Derby and Futurity, Greyhound Racing NSW issued the club with a show cause notice with regard to its financial viability.
At GRNSW’s January 30 board meeting, a view was formed that “the interests of the greyhound racing industry in NSW would be at risk if it failed to take action with respect to the apparent financial position of the NCA given the importance of The Gardens venue to the sport”.
The Gardens hosts 130 TAB meetings annually and the NCA has been asked to respond to why GRNSW should not: Appoint an administrator under section 10 (2) (e) of the Greyhound Racing Act 2009 to conduct the affairs of the club; and under section 10 (2) (n) of the Greyhound Racing Act 2009, order an audit of the books and accounts of the NCA by an auditor of GRNSW’s choosing, as at 31 December 2012, to establish whether the NCA is, and is likely to continue to be, financially viable with respect to its participation in the sport.
Administrative concerns aside, the club’s two flagship races were postponed on Friday after a thunderstorm struck the region. The track was flooded after race three and the track’s bar area had water pouring through light fittings in the ceiling.
The delay of the semi-final round will force connections looking to contest the group 1 Temlee at The Meadows on February 16 into a troubling decision.
The most disadvantaged is Paws of Thunder winner Sheikha which had box one in the first of two Futurity semi-finals. Before all-in betting was suspended by TAB Sportsbet, Sheikha was the $3.50 favourite for the bitches-only classic but connections must now decide on whether to contest either the Temlee (fields to be announced on Monday) or the Futurity. Before the rain came, both were within grasp.
The original release of this article first appeared on the website of Hangzhou Night Net.