Turf club looks for turnaround
THE Lismore Turf Club has revealed it is posting a ‘considerable loss’ for the 2008/09 financial year at its AGM on Tuesday night.
Chairman Ron Marriott, who was elected unopposed for his ninth term, said the club has had ‘a number of issues and circumstances outside its control that have contributed to the current financial result’.
“Equine influenza had a major effect, and in an area like ours the floods had a big impact,” he said.
Marriott also said the current economic climate has contributed to the loss.
“The TAB betting figures are also down because the money is just not there,” he said.
Marriott admitted the controversial ban on teenagers attending race meetings like the Lismore Cup had no impact on club takings, and said the club was confident of turning the financial situation around in 2009/10.
“We will just have to work harder and smarter,” he said.
“It’s not the be-all and end-all; the club is in good stead, it just needs a bit more support from the local community.”
Marriott said the club would work harder on marketing, and promoting its Winning Post Function Centre venue hire and function services for weddings and other parties.
Following his re-election, Marriott said his position was one with a ‘touch of prestige’.
“It’s all voluntary, but it’s a position I take very seriously,” he said.
“I have great committee support.
“All we ask is that people support all racing in the Northern Rivers. Racing is very relaxing, and it’s a good day out.”
The next race meeting for the club will be the Broadwater Cup and Family Christmas Raceday on December 6, with the Byron Bay Kidz Club providing activities for children, a visit from Santa and a monster toy raffle.