A £1.2m report lacking detail, substance and clear initiatives

The ROA’s industry ownership strategy is akin to one of those flashy unraced yearlings purchased at the sales. It looks beautiful, it cost a helluva lot of money and on first sight you can only be excited about what might be to come.

Unfortunately, as many an owner has experienced over the years, looks can be deceiving and like those yearlings who failed to make it as racehorses, this document does not reflect its price tag.

While it no doubt set out with good intentions, the ROA has spent £1.2 million and produced a report that lacks detail, lacks substance and lacks clear and unequivocal measurements and costings to drive British racehorse ownership out of its death spiral and on to a prosperous trajectory.