MTC President To Stand Down

Further instability for horseracing on the island?

Gilbert Merven

Gilbert Merven

Mauritius Turf Club President Gilbert Merven is a notable absentee in the list of the eleven candidates who will vie for office in the election of two Directors of the Mauritius Turf Club.

The elections are to be held on Friday 27 February.

Asked about his non-participation, the President of Mauritius Turf Club said:

“After nine years of serving as a volunteer and in our many accomplishments as a team to advance the equine industry, I think it’s time that I draw my bow, and I now give way to other members who have the interests of our Club and the equine industry at heart. Being a lover of horseracing, I will continue to give my support to the management team whenever the need arises. I invite all members to come together to support our Club and the equine industry as a whole. ”

Pending approval of the racing calendar in 2015 by the Gambling Regulatory Authority, the Board of Directors of the MTC met earlier this week.

The financial situation remains desperate and according to preliminary estimates, a deficit of Rs16 to 18 million is expected for the year 2014.

The Board of Directors has appointed M & A Professional Services Ltd to set up new structures to improve the control of finances and to minimize the cost of operations in 2015.

Insurance of training riders was also discussed as one cost item as the premiums have substantially increased.

The Chief Stipe Stéphane de Chalain also made some suggestions, including the publication of the programme on the eve of the daily races, instead of the day before.

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