Eagle Farm still waiting for green light on $12 million government loan   Leave a comment

Eagle Farm still waiting for green light on $12 million government loan

Eagle Farm trainers remain in the dark and with the administration swept aside at Deagon, answers aren’t in easy supply.

An eerie looking Eagle Farm.

An eerie looking Eagle Farm. Source: News Corp Australia

THE new grass at Eagle Farm is taking shape, but there’s still no light at the end of the, ahem, tunnel.

More than 12 months on from the original announcement, the green light still hasn’t been given on the $12 million loan to build the tunnels, meaning a likely return date for racing at the venue is still eons away.

Eagle Farm is just another example of how racing is still very much hamstrung by government. The loan, not grant, is to be funded out of racing’s $97.4 million share of the Tatts Group’s 30-year license agreement, but it still gets stuck in bureaucracy.

The deal was all but concluded under the previous government and was ready to be signed off in January.

It was at the same stage of approval as Townsville’s grant for an upgrade, but with the change after the election, Townsville got the go-ahead and Eagle Farm still sits waiting in the wings four months later.

Other projects in limbo are the $15 million grandstand redevelopment at Albion Park and the second phase of redevelopment at the Gold Coast.

It is understood Racing Minister Bill Byrne has confirmed his support for the inclusion of these projects as part of the industry infrastructure fund, but still the industry waits on a final approval.

Further down the line there is also consideration to be given for a new harness racing venue to replace the now defunct Gold Coast and also a $6 million redevelopment for Ipswich.

MIDSUMMER SUN INQUEST

Mark Kavanagh and Danny O’Brien charged

http://cdn.newsapi.com.au/image/v1/external?url=http://content4.video.news.com.au/foxsports/prod/archive/2015/06/11/FSD_110615_HOR_TRAINER_CHARGES_WIPE_LVO.jpg&width=650&api_key=kq7wnrk4eun47vz9c5xuj3mc

THE hearing into positive swabs taken from Gosford Cup winner Midsummer Sun is set to continue on Thursday with more evidence to come from vets who have practised with Flemington Equine Clinic.

New witnesses have been summoned to the inquiry which began with a bang last Tuesday with allegations of standover tactics, huge debts, cash payments and bikie links.

Trainer Sam Kavanagh has been issued with eight charges and Racing NSW chief steward Ray Murrihy hasn’t ruled out more being laid.

Flemington Equine Clinic’s Dr Tom Brennan has been a key figure in the hearing so far, just as he will be when the inquiries into Danny O’Brien and Mark Kavanagh begin in Melbourne.

Originally published as Grass greener but Eagle remains grounded

Advertisements

Posted June 15, 2015 by belesprit09 in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: