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BTC Calls On Members To Merge With QTC
The Board of Brisbane Turf Club yesterday called on its members "to support a merger with Queensland Turf Club as part of its vision to protect Queensland's racing future". BTC chairman Wayne Milner announced "the entire Board has recommended a vote in favour of a merger with the QTC as soon as possible as the 1st step in a bold new plan to get Queensland on the Australian racing map". Milner declared: "Let there be no mistake, we would not be calling for another vote on a merger unless Doomben's very survival wasn't in jeopardy. Despite claims to the contrary, the BTC will suffer a financial loss this year to the tune of $1 million & the future predictions are dire for both Brisbane racing clubs if they continue to stand alone. A merger has been a hotly debated issue, but as a responsible Board we must make members aware of the commercial reality. If BTC doesn't merge & Doomben does not become self funding, it will become extinct. The financial forecast will remain gloomy if action isn't taken. Doomben is racing towards ruin if we don't act now. The BTC & QTC Board both agree the amalgamation of these 2 great clubs will provide opportunity, capital & infrastructure to move racing forward in the 21st century." Milner yesterday wrote to all BTC members "to let them know a vote will be taken either by proxy or on August 8 & the Board strongly recommends a vote in favour of a merger. I told the members if both clubs continue as they are, they will become increasingly irrelevant to the Australian Racing Industry. If we can't fund even the basics, like maintenance at the track, we face the likelihood of losing Gr races or worse."