'Syndicates should be licensed, just like jockeys and trainers'
Andrew Scutts looks into mass-member ownership in the wake of recent controversy
The chairman of the Racehorse Syndicates Association, Dan Abraham, believes a licensing system should be introduced for commercially run organisations, claiming it “makes no sense” that racing professionals such as trainers and jockeys are treated differently.
With the recent disintegration of the Supreme Horse Racing Club and collapse of the EPDS Racing and Layezy Racing syndicates earlier this year, the mass membership brand of ownership is firmly in the spotlight – and at a time of year when syndicate organisers would be hoping to turn the heads of those looking for Christmas gifts.
Abraham, who runs Foxtrot Racing in addition to being the chairman of the umbrella body for clubs and syndicates, believes those in his position should be more tightly regulated – and rewarded.
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