A Simple Question
If wind turbulence caused Gaita’s horse to gallop …. Then why are the leaves in the tree standing stone still?
All Hail Gaita – The Quick Thinking Queen of the Scheme
So watch this. Gaita Pullicino – a very smart woman indeed when it comes to a dollar and the trots – is driving the leader. It’s been backed for a stack, but it gallops on the turn. It’s driver is supposed to take it to either the inside or the outside of the track, but […]
The Maddest Decision Outside of The One to Dump Two Inches Water on the Gold Coast Track in Magic Millions Week – Super Stewarding – SA Style
Determined to avoid the hottest part of the day, Racing SA has pushed back the starting time of Saturday’s meeting at Murray Bridge by three hours. With a top temperature of 42 degrees forecast at 1.30pm and then a cool change taking effect in the evening, the first race has been moved from 12.17pm to […]
EXCLUSIVE – Kevin Seymour AM’s Plan to Save South Australian Harness Racing Revealed – And It’s a Cracker Too
Two years ago the long time harness racing lover, administrator, owner, breeder and benefactor Kevin Seymour AM, one of the giants of the Queensland and Australian sport, offered the SA Harness Racing Club that runs the famous Globe Derby course and club a life line to save them from crippling debt. Seymour extended the club […]
Money, It’s a Gas – And Large Piles of Cash Without Receipts Stink
What you see above is taken from the auditor’s report into it’s examination of Globe Derby’s finances last year, which in accounting terms ran from 1 July 2021 to 30 June 2022. The Auditor said that cash was a significant source of income for the club. But the club didn’t cough up with the receipts […]
We Can Pay Our Debts – We Just Dunno How
How do the committee of Globe Derby come to the conclusion that the club can pay its debts as they fall due? Globe Derby owes almost $4.5 m It has just under $1.8 million to its name, if you believe the Directors of the club. I don’t. Suspend disbelief and assume that they are telling […]
Globe Derby’s Future? – Good Morning Mr Seymour. Goodnight Nurse.
We have received the other bits of the Globe Derby Annual Report, and we were spot on. They are insolvent, or all but. You can read as well I can. K. Seymour’s loan agreement expires in February. Unless Seymour gives the club an extension – and I can’t think of any reason that he should, […]
Globe Derby is in More Trouble Than Flash Gordon – It’s a Basket Case
We’ve managed to get a partial copy of the Globe Derby (SAHRC) annual report, and the picture is dire. The club has lost more than $800 000 in the past year. That takes it losses over the last 2 years to almost a million dollars. It has just under $1.8 million in cash, but owes […]
Why Does Anyone Bet on the Adelaide Trots Any More?
I am sure that this gallop at the start by the $1.20 favourite Take My Wallet in the 2nd race at Globe Derby on Monday was nt a piss take by the connections. Plain bad luck it was, I’m sure. Just as I am sure that the horse coming to the Aaron Bain stable with […]
South Australian Harness Racing Implodes into Civil War – This is Not the Answer – It’s Time to Swallow the Bitter Pills if They Want to Survive
Kevin Seymour lent the Globe Derby club $3.5 million to survive. The idea was that the club would pay it’s debts and use the remaining funds to revamp its dining facilities, make the necessary upgrades to it’s gaming areas to make them attractive to the locals, and market the hell out of them both, so […]