A united approach regarding Levy reform has been agreed upon by the British Horseracing Authority and other industry leaders. Involved parties, among them racecourses, horsemen and the BHA met at the BHA Members Committee meeting last week and agreed upon the creation of a new steering group with regards to Levy reform which would analise all the options available as the COVID-19 pandemic continues alongside the economic downturn. Joe Saumarez-Smith will chair the new group which meets this week. The group will work alongside the BHA’s Public Affairs team. Other group members include Nevin Truesdale and Martin Cruddace, from the Jockey Club and ARC, and Charlie Parker and Philip Freedman, present and past Chairs of The Horsemen’s Group. Will Lambe and Richard Wayman will be the BHA Executive’s representatives.
“I am pleased that industry leaders have agreed on a united approach to government and the support this has had from trainers, breeders and racecourse groups,” said BHA Chairwoman Annamarie Phelps. “Now more than ever, racing needs to talk with one voice to government.
“Both I and other BHA Board colleagues have been having constructive conversations with industry colleagues over the past few weeks. As a governing body, it is vital we listen to the views of those whose livelihoods are dependent on a prosperous and sustainable industry.
“The Prime Minister promised that the Chancellor would prepare a package of support for sport. We have sent government at their request a new assessment of the impact of COVID on the finances of racing, including the potential mitigating impact of reform to the Levy, and making clear that the return of the public to racecourses is essential. Further proposals on the Levy are now being developed, supported by Nick Rust and his team.
“It is vital that we work through the appropriate channels, recognising racing’s close relationship with the betting industry. Pursuing alternative routes risks dividing racing into competing factions.”
Added Joe Saumarez-Smith, “There have already been extensive discussions recently about the various options for reforming the Levy. The Levy Steering Group has the full support of the representative bodies in racing and will now draw on the expertise of stakeholders across the industry, who will work with me and the BHA executive team to try and reach a united view of the industry on this crucial area of funding of the sport.”
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