As Predicted the Chinese Developer Doesn’t Pay – The Auckland Trotting Club’s $80 Million Debt Keeps Accruing at Interest of $120 000 a Week – What’s Plan B? – Bankruptcy?

11 November 2024 Dear Members, An update on the sale of the Pukekohe properties. The sale of the Club’s Pukekohe properties to Mount Hope Limited was scheduled to settle on Friday, 8 November 2024.  As at 5pm Friday Mount Hope Limited had not settled. Mount Hope’s lawyer has advised that their client is actively seeking […]

The Auckland Liquor License Mystery is Solved – For the Next 12 Days They Don’t Have One

We questioned yesterday whether the Auckland Trotting Club (ATC) would still have a liquor license today. Well further investigation has revealed that the answer is yes/no/maybe. The club’s license to sell alcohol expired at midnight last night. It had submitted a renewal application in September, but it did so under the wrong name. The current […]

God Save the King – For Under Jamie Mackinnon’s Broken Watch Nothing Can Save the Auckland Trotting Club

So what has the Auckland Trotting Club’s president Jamies ‘Watches’ Mackinnon achieved with his messages to members sent out this morning? Let’s number them for posterity shall we? Watches has variously: Confirmed that everything peter profit has been writing about the Chinese land developer not coming up with the $90 million lump sum required to […]

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