Reforming the structure of British racing and pushing for better prize-money returns are top of the agenda in the next 12 months for the Racehorse Owners Association, with the organisation’s president Charlie Parker stating the last year had been “a wake-up call for the industry”.
A review of the BHA, including its purpose and strategic priorities, is being undertaken by consultancy firm Deloitte, and Parker is adamant change is required within the sport to enable better decision-making and ensure growth.
Speaking at the owners’ group AGM on Wednesday, Parker said: “The structure of British racing has to be looked at and we have to ensure that change can take place, that crucial decisions can be made and that strong leadership can help grow and protect the sport.
“The ROA’s working with [the Racecourse Association] and the BHA, and colleagues in the Horsemen’s Group, to look at how it’s all structured and look at how the sport is run – that’s an ongoing piece of work. It’s high up the agenda and something we’re looking at as we speak.”
A review of the ROA’s own corporate governance was recently completed with a focus on greater transparency and a more skills-based board, with the likes of Philip Davies MP and international owner and businessman Khalid Almudhaf joining for the first time.
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