New Irish Racing Club

Is there a management/operations fee or is the syndicate initiator in it for the same objectives as proposed for the potential members?

Are you proposing to purchase or lease (paying the bills for someone else's potential benefit)?

The title of the thread might suggest a sales pitch under the facade of requesting opinions.

I hope that I am incorrect on the above as the forum has spam fatigue after multiple tipping line ventures.

I think it's only reasonable that you are transparent with the above as they are just general points and won't breech your anonymity or anyone else involved.(leading young Irish trainer)

gallistic,
dj is right ..no offence meant..as long as you are genuine, then my friend works for Gordon Elliot racing club (manager)if you need advice help etc..im sure he,ll be glad to help..if this is what you need please pm me I,ll take it from there.

In about 12 years people who were sexually abused by the clergy will have been replaced by people who were members of racing clubs.
People will be on Prime Time with their faces blackened out telling their story about the racing club that they joined and how the shame of it has left an indellible mark on their lives.
They are the biggest con since the Pyramid scheme and anybody whos thinking of joining one should go and have a rethink.

Tony, The Gordon Elliott racing club would be lovely id say, is the Martin Pipe one still going ?

not me mincer I don't know sweet fa about it, only pal of mine is the manager..

The racing club manager would be in my book, on the vermin scale of 1-10, an 11.
The average racing club works like this Tony, 20 1/10 shares where nobody has a clue who owns what and the guys running it are creaming off each and every month, pay nothing towards it, and make all the decisions. All they have to do is keep the dream and then the horse alive.

as far as I know mincer, they are only a leasing club?

i know a few lads in the supreme racing club?clued in lads at that.they seem to be happy enough?

yes that's a real ownership club..you actually own the horse..as far as im aware the GE club..is lease only ..im not sure the full details..and my mate works for Gordon, not himself.

The Gordon Elliot club won’t last five minutes with the horses they are sticking the members with. Mr Steadfast only moved into it after his winning was done while Faraway Mountain & Nordic Beat are useless. There’s a hundred people in the queue ahead of the racing club to take horses in the yard. Only the real dirt thats left goes into the club by the looks of it.

Hi TTK followed your advice with Theos Charm the other day bolted in thanks

Thanks Wasp - he’s a very nice horse. Had my max stake on him. Gifford is obviously reading my mind and hopefully plotting a route to the EBF final in Sandown!

Kavvie, the Supreme racing club is the daddy of them all. I'd rather get a belt of a hammer than have a share. Instead of wearing the scarves that the idiots wear, its vaseline for the anal area they should be buying.

very good TTK will be keeping an eye on that white arm in the near future too.
LOL mincer

Gallistic, its not a case of if you have nothing good to say ,say nothing. What about buyer beware and all that kind of thing.
I know exactly the way these clubs work, the "manager " gets a free ride at the expense of the mug shareholders, and then gets to make all the decisions and liase with the trainer concerning other horses in the stable. The mugs get to wear scarves, tell their mates they own a horse, and pay the bills.

leasing mares is a bad job.you only increase the value of them for the owners while incurring all the expense..i wouldnt get involved in any clubs or owning horses myself.been there done that.not a pleasant experience..met some honest trainers   but a few tinkers and tramps..

A Racing Club is a great idea. Small money for the small investor. Transparent, properly run and without management fees is a positive . Leasing is sensible option. As far as a trainer is concerned, go to the best available. Leading young Irish trainer doesn't inspire confidence unless his name is A.P. O'Brien or he actually is a leading trainer.

Galistic they way I see racing clubs is that the members are giving someone else a free ride. They’d be aswell off putting the money towards booking trips to the big racing meetings. I wouldn’t get much pleasure out of paying for a leased share in a rag horse. I suspect neither would anyone with a bit of nous. If you can’t afford to buy one properly then you are as well off out of the game.

As for your pricing structure, I would imagine upfront is better. The direct debits won’t be long getting cancelled if the horses don’t run well or even not at all.

Mincer11 would you by any chance have been bitten?! Seem very negative towards the whole idea. Let's say for example you have 200 lads at €600 a share, thats €12k up front. Most trainers are a grand a month to the best of my knowledge(some are much more) so thats 12k gone already on training fees. Add in race entries, vets, farriers, travel to races etc and you have at least another 3-4k depending on amount of runs. Once the 200 names are clearly registered with HRI and everyone knows their stake in the club, where is the opportunity for anyone to benefit? Surely the trainer and club manager all want the same thing?? I agree that there are some clubs where you pay say €500 for a share and the horses could cost 12-14k a year to run and the members keep joining up and one could have 500 members, thus a nice pay day for all concerned!!

200 lads at €600 = €120,000

Apologies! But by my estimate(correct me if I am wrong) it costs at least €25k per annum to keep a horse in training....so 3 horses equals 75k. correct the figures to 200 lads at 400 and you get the picture.

No comeback from that.

Have some dignity and declare that the end of the thread.

You're making it up as you go along.

A wannabe charlatan.

you said a grand a month now you are saying 120k
give it up ffs

Read the very first post I made on here. "I am not looking for members as such" and " Just looking for advice not any knocks". I knew I was wasting my time but thought maybe the forum had changed and the old says of genuine posters such as Keen Leader and Distant View had returned. My mistake to post on here. I won't do so again.

What leading Irish trainer charges 1k per month?

Don't be diverting with guffaw about the standards of the forum and just admit that you were caught with your hand in the cookie jar.

Gallistic getting his ar5e handed to him

FFs DJ ,I thought we were NEVER to discuss fees on here...

Embarrassing

Give him a chance. Your idea is admirable but you need to be more accurate with your figures.
It can work given the proper transparency.
The most important ingredient is an honest trainer.
Is it Flat or NH, your preferred option?

When you have the likes of gobshee endorsing your plan you know for sure you're donald ducked!

is it a e/w shot gotchee?

ya you lose on the double

The lads have this one laid out for tomorrow.
Nice to see Snap giving the last minute instructions to mincer. Callit looks a bit nervous.
Good luck lads. Snap,is this one of your, not for everyone, 5/6 each way shots?
Good luck anyway, I wont be getting involved myself.
kavvie,the wasp and racing**** are getting excited, more so for each other, but I think they will probably get stuck in, if you know what I mean.

gall

arguably the most successful racing club was the original one run by colin tinkler over 30 years ago. colin died around three months ago, I was lucky to spend an afternoon in his company 15 years ago and at that time his club had long since ceased. he gave me chapter and verse on the operation.

in summary, the single most important cost for him was advertising. his enterprise had a huge turnover of members, as the first in the marketplace it did have first mover advantage. he told me he turned over about 10,000 mugs in 6 years....back then in the late 70s few ordinary joes would have been in a position to own a hair of a racehorse let alone a leg, so for the price of £25 or £50, tinkler had loads of working class customers jumping on the "ownership bandwagon" as they saw it.

tinkler made huge profits as he operated a daily premium clubline message and he was yielding massive profits off that...colin mentioned in our chat that his update message was the premium line that triggered call barring in UK civil service departments, such was its popularity .

the above is the background to the origin of the club species.

much of what has been written on this thread by others has been critical and although harsh it is true.

if you are trying to establish a racing club in Ireland with 100 or 200 members at an annual cost of 500-1000a year....forget it, you will find it hard to get 20.  To have even a remote prospect of hitting the 40 to 50 members you would have to be spending very big bucks on advertising...this is an item I think you may have neglected.....the likes of elite racing spend more on advertising than on training fees.

unless you are with a top 5 trainer, those outside his local area will not want to know. as mincer did indicate, a number of your members may see the idea of joining a club attached to a big yard as a vehicle for getting some extra titbits on the better class horses within that stable, with a smaller yard the titbits may be unreliable or winners rare. the "glamour" idea of a stable visit wears thin very quickly.

gall you might as a friend like to help out a young upcoming trainer with this club idea. it is part of that trainer's business to find owners and that is his problem.

stop wasting your time on this project and get on with enjoying the racing.

great post.

Thanks Keen Leader, I appreciate you taking the time to answer my question and to do so with an honest, educated opinion. The forum is all the poorer for you rare posts.

Actually richer, given his recent form

Though much diminished in content quality!

You needn't thank me at all gallistic, keen leader only politely said what I had already done.

Never ceases to amaze me the amount of rim licking that goes on here.

And most of it from YOU Chimp...

Enough internet for the day from you wonky, the forum has witnessed numerous breakdowns from your good self, try seeking less attention from total strangers that may help somewhat.

Chimp ,be a good barman and go pull someone a pint for Gods sake , its no wonder your pub is empty , you'd bore a hole in a drill ffs.......

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