BEE consortium bids to buy Greyville

Is this good for racing ?

Interesting. I always thought that it was or is municipal land leesed to GC. Perfect site for some low cost housing and would fit perfectly with governments spacial reengineering program of mixing rich, middle class and poor together. They would need the golf course too for this to work.

Jumping the gun a bit I suppose, could very well just be a business deal but it if it s true it has to beg the question why GC never put in an offer on the site?

We could be running the Durban July at Scottsville in years to come!

Whats this thing of selling all assets?

Anyone got a copy of this story that they can post a link to?

thanks

there are 2 links to the story google ones here and the others www.timeslive.co.za/sundaytimes/ but you need to subscribe to read the article...

I also hear that the gambling review board asked that gold circle be 26% bee compliant

Belongs to the municipality and the Pinda lady is behind the bid

When is the cut off date for BEE in this country...??

gregbucks Wrote:

---

> When is the cut off date for BEE in this
> country...??

When we have non producing farms and run out of petrol like mad bobs country lol

AL is correct. Greyville and Scottsville leased from Municipality {99 year?}.
Surely Clairwood Park should have been the intended target?

@Cliftonking

Selling of assets = More money to put Back in the game???
The game they say that is now being "subsidised" by Sports Betting [ Soccer 6- 10- 13 etc ]

it is easy to bid but the question is can she pay??????????????????????????????????

i here the tba still looking for cash from her may be tom can tell if this is the story or true?

If this is the same Phindi Kema that was going to have a R25million race in Plett or was going to buy Arlington for R50mil then I think the chances of Greyville changing hands are nul and this is just another one of her pipe dreams...a lot of talk and zero action