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SENIOR STEWARD鈥橲 RESPONSE TO THE LEVY SETTLEMENT

29 Oct 1999 Pre-2014 Releases

Senior Steward鈥檚 Response to the Levy Settlement

Published: 29 October 1999

Reacting to the news that the Government appointed-members of the Levy Board had accepted the bookmakers amended offer for the 2000/2001 Levy Scheme, Christopher Spence, Senior Steward of the Jockey Club, said:

“The settlement reached today is deeply disappointing. In my opinion it is neither a reflection of racing鈥檚 needs nor of the bookmakers鈥� capacity to pay.

“This demonstrates once again that the existing Levy system is seriously flawed and in need of urgent review.”