|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Going by what I have read in this thread it seems one of the biggest problems CW has is transparency in its financial dealings.In my experience as an owner of trotters and greyhounds over the years ,irregardless of the size of the operation ,I always recieved a detailed account for the month explaining costs incurred. CW could have done the same thing and posted it on its website in the members section monthly for the various clubs. This would have shown what we were paying for and probably helped them explain what they were spending our money on. As it stands now , we have a vague yearly finacial account which is VERY broad in its explanation. No wonder people are suspicious!With the 3 syndicates I would imagine at least 1.5 million has been invested and even though the individual outlay was relativley small , the bottom line is quite large. If any outside media do get involved I hope they are impartial because the racing game can be a very closed shop and the likes of people like us are being treated as outsiders with no need to know what is going on. Because of this I dont hold much hope of a positive outcome in our favour but at least this thread will bring the shoddyness of CW to other peoples attention!  PS Never again with CW.
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Ps Divide the number of starts for CW horses into the money invested.(All 3 clubs)!
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
This is something i found on another forum talking about CW
"Originally posted by The Insider
What are they then? If it looks like a syndicate & smells like a syndicate, then ................................... This is not putting syndicators as a group
Reply:
they are a club, insider, and are not goverened by the same rules and regulations as are AFS licence holders like myself, Ken King, Denise Martin, Lawton etc"
If this is the case it may explain a lot of things.
|
|
Rank: Advanced Member
Groups: Member
Joined: 3/18/2008
Posts: 38
|
Porkpiehat wrote:This is something i found on another forum talking about CW
"Originally posted by The Insider
What are they then? If it looks like a syndicate & smells like a syndicate, then ................................... This is not putting syndicators as a group
Reply:
they are a club, insider, and are not goverened by the same rules and regulations as are AFS licence holders like myself, Ken King, Denise Martin, Lawton etc"
If this is the case it may explain a lot of things.
Robert Raulston has a licence.
|
|
Rank: Sports Guru
Groups: Member
Joined: 4/20/2008
Posts: 411
Location: Central Coast
|
Porkpiehat wrote:Ps Divide the number of starts for CW horses into the money invested.(All 3 clubs)! cwr 3....harrykay-----9 starts majestic gem----4 starts purrfect dancer----1 start paw the drinks-----0 starts 14 starts in just over 2 years.
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
CW No 2 (Three years) Kelendria 0 starts Scooter 0 starts King Armstrong 0 starts Bumpa 18 starts (All are race starts) 
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
CW No1 Through the field 18 starts Mr Gilly 13 starts The fangsta 30 starts Stakes are high 17 starts (All obviously overraced) 
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Approx $14000 per start
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Is there anybody on this forum from CW that has been to the stables?
|
|
Rank: Sports Guru
Groups: Member
Joined: 10/5/2007
Posts: 4,760
Location: Melbourne
|
Porkpiehat wrote:CW No 2 (Three years) Kelendria 0 starts Scooter 0 starts King Armstrong 0 starts Bumpa 18 starts (All are race starts) (groan)
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
CW 1 Prizemoney $121120 CW2 prizemoney $30300 CW3 Prizemoney $161990 
|
|
Rank: Sports Guru
Groups: Member
Joined: 10/5/2007
Posts: 4,760
Location: Melbourne
|
Porkpiehat wrote:CW 1 Prizemoney $121120 CW2 prizemoney $30300 CW3 Prizemoney $161990 And if memory serves, CWR2 paid a fair bit more than the other 2. just our luck
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Going by this all syndicates already can go longer than their expected life. Not to mention the money that was recieved from EI.(CHAPS payments)Plus CW2 sold 2 horses! The money invested was for 3 years - any prizemoney was a bonus!!!
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
CW 3 = $990 for 3 years
|
|
Rank: Sports Guru
Groups: Member
Joined: 10/5/2007
Posts: 4,760
Location: Melbourne
|
Porkpiehat wrote:This is something i found on another forum talking about CW
"Originally posted by The Insider
What are they then? If it looks like a syndicate & smells like a syndicate, then ................................... This is not putting syndicators as a group
Reply:
they are a club, insider, and are not goverened by the same rules and regulations as are AFS licence holders like myself, Ken King, Denise Martin, Lawton etc"
If this is the case it may explain a lot of things.
What forum is this, id love to read
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Thoroughbred village.
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Search for club waugh
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Its like Chicken man - Hes everywhere!
|
|
Rank: Sports Guru
Groups: Member
Joined: 10/5/2007
Posts: 4,760
Location: Melbourne
|
Porkpiehat wrote:Its like Chicken man - Hes everywhere! Couldnt find the CW discussion, but thats an awesome forum CrannyPetes even on there
|
|
Rank: Advanced Member
Groups: Member
Joined: 5/5/2008
Posts: 119
Location: The Bay
|
Try searching for Topic: "Public Comments from syndicate members" 
|
|
|
Guest |
