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TROA Chairman Comments on Purse Announcement

Wednesday, 1st July 2020

Following the announcement (see above) that Victorian prizemoney is set to return to pre COVID-19 levels from 1 August, Thoroughbred Racehorse Owners Association (TROA) chairman Jonathan Munz has welcomed the move, saying, “Everyone has done a good job under difficult circumstances. Prizemoney has been largely reinstated to pre-COVID-19 levels with a few smaller cuts due to the temporary financial difficulties of the clubs….” He added, “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.” Notwithstanding his positive response, Munz pointed out, “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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