iskander

Possible Merger for STC and AJC


Sydney Turf Club chairman Bill Picken has told members in an open letter that it supports the proposal by the NSW Gaming and Racing Minister Kevin Greene to consider the benefits of a merger between Sydney’s two metropolitan racing clubs.

While the Sydney Turf Club (STC) approves of the feasibility study into the amalgamation with the Australian Jockey Club (AJC), Picken said the sale of Canterbury racecourse was not a given.
“It is not a foregone conclusion from these discussions that Canterbury Park will automatically be sold,” Picken said.
“Canterbury Park is a valuable asset of Sydney Turf Club and is regarded as one of the best racing surfaces in Sydney and currently hosts more race meetings than any other metropolitan racetrack.
“It has outstanding facilities, is in the heart of the metropolitan area and is the only racetrack in NSW equipped to race at night.”
Picken added that the STC had been working on a master plan to improve the racing and patrons’ facilities at both Canterbury and Rosehill.
“Sydney Turf Club is financially strong and professionally managed under the control of a committed and dedicated board,” Picken said.
“We will enter into merger discussions very positively as an equal party and with the goal of improving the thoroughbred horse racing industry in Sydney for all participants, stakeholders and club members.”