With the Phumelela and Gold Circle sagas, there seems to be more litigation taking place than turf events
Secretaries at law firms are likely to get an instruction on Monday morning: if anyone phones and mentions “horse racing”, say yes, we’ll take your case.
As Tania Broughton reported in Business Day on Wednesday, the purpose of this virtual meeting was to decide if members agreed to use R230m from the sale of Clairwood racecourse in 2012 to prop up its funding. Then an article on the Turftalk website stated that Jonsson had agreed with Gold Circle that an initial drawdown of R70m would be permitted to repay a short-term loan and fund Gold Circle operating requirements until mid-October. One could be forgiven for saying Jonsson swam against the tide and then with it.
Basil Thomas, spokesperson for Hollywood Sports Book Group, said: “Hollywood is averse to racing politics. We are not picking a side and we have no desire to be caught in the middle. We have one agenda — that is to apply our resources, financial and human, to supporting Gold Circle in its quest to return to profitability.”
Stately Home, a daughter of Silvano, could be the pick of the quartet as Lyle Hewitson has opted to ride the three-year-old in preference to stablemate Dance Class. The champion jockey won on both horses in their most recent appearances.
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