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Trainers Slam Cuts To Vic Prize-Money
Australian Trainers Association chief executive John Alducci called on the Victoria Racing Club "to withdraw proposed cuts to prize-money for 30 Group & Listed races next season". Alducci declared: "The proposed cuts totalling over $1 million will have a significant impact on the income & revenue streams of trainers & we join racehorse owners in strongly opposing these reductions in prize-money. The long awaited & much needed boost to minimum prize-money in the metropolitan & country sectors, which commences in the new racing season, will be eroded if the VRC goes ahead with their proposed cuts. The VRC & Racing Victoria must together explore more obvious & necessary ways to reduce their administrative costs & achieve cost efficiencies in Victorian racing. There are strong economic reasons for extending resource sharing, with the potential to deliver substantial cost savings & eliminate the need for slashing the income & revenue streams of trainers, owners & jockeys. The ATA strongly urges the VRC to reconsider its position at their upcoming board meeting & withdraw their proposed cuts to prize-money."