Schofield Faces Charges Over Horse Sale

$290,000 Hong Kong transaction is in the spotlight

Glyn Schofield

Glyn Schofield

Trainer Brent Stanley and top Sydney jockey Glyn Schofield will face charges relating to the sale of a horse to Hong Kong.

The pair faces charges surrounding their alleged conduct during the transaction that sent the unraced Equita to Hong Kong for $290,000 in May last year.

A stewards’ investigation found that Equita’s original owners received funds for a $200,000 sale but it will be alleged at a Racing Appeals and Disciplinary Board hearing that the Hong Kong purchaser paid $290,000 for the horse.

Schofield faces one charge of becoming involved in the “buying, selling, trading or leasing of thoroughbred bloodstock” without the express permission of the Principal Racing Authority that has issued his licence.

Stewards allege Schofield retained $20,000 of the sale before giving Stanley $20,000 in cash on or about May 20 last year at Randwick and transferring the remaining $250,000 to a bank account in the name of the trainer’s wife.

Stanley faces four charges, including one of allegedly engaging in dishonest, corrupt, or improper practice and three others of giving false or misleading evidence at a stewards’ inquiry.

The stewards allege Stanley “retained proceeds of the sale totalling $70,000” without the knowledge or consent of Equita’s owners.

The RAD Board will hear the case on a date to be fixed.

www.racenet.com.au

Have Your Say - *Please Use Your Name & Surname

Comments Policy
The Sporting Post encourages readers to comment in the spirit of enlightening the topic being discussed, to add opinions or correct errors. All posts are accepted on the condition that the Sporting Post can at any time alter, correct or remove comments, either partially or entirely.

All posters are required to post under their actual name and surname – no anonymous posts or use of pseudonyms will be accepted. You can adjust your display name on your account page or to send corrections privately to the EditorThe Sporting Post will not publish comments submitted anonymously or under pseudonyms.

Please note that the views that are published are not necessarily those of the Sporting Post.

Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Share:

Facebook
WhatsApp
Twitter

Popular Posts

Kabelo’s Ride Of The Day!

Just a month after celebrating their maiden Gr1 success together, trainer Robyn Klaasen and owner Stincky Pooe raised a toast to jockey Kabelo Matsunyane who produced the ride of his life to keep the favourite Purple Pitcher rolling down the long Turffontein straight to score a heart-stopping victory in the TAB Gr1 SA Derby

Read More »