ROA: An Open Letter From Ormond Ferraris
- Bob Brogan
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ROA: An Open Letter From Ormond Ferraris
1 year 8 months ago
I write this letter as a life-member of the Racehorse Owners Association, and in response to the relevant comments of Mr. Bortz and the ROA’s response thereto.
I noted with some alarm the comments made by Mr. Bortz about the discrepancies in the due diligence performed on the ROA, and request him to make these discrepancies public, as they clearly are in the public interest, and furthermore such material and important allegations should not be made without any substantiation thereof, as they lead to gossip and conjecture.
In my opinion, the ROA no longer has any relevance to, nor purpose in, the current structure of horse racing in South Africa.
The burning question is, what exactly does it do for its members, and I invite it to provide a detailed response and description in this regard, to substantiate its continued existence and of its employees.
POSTED IN THE SPORTING POST www.sportingpost.co.za/roa-an-open-letter-from-ormond-ferraris/
The ROA is a non-profit company and, as such, neither its income nor property may be distributed to its members, and must be used to advance the purpose for which it was created.
Previously, the ROA received funding from two sources, namely, the nomination and acceptance fees, and its members’ annual subscription fees. It also has only one meaningful asset, which is the North Rand Training Centre at Randjesfontein.
What is concerning is that effectively the ROA was using money it received in nomination fees (including that from non-members) to reward only its members by payment of the “R.A. incentive” of R15 000 on a member owning the winner of a qualifying race.
This means that the ROA is wrongfully distributing its income to its members, despite it being a Non-Profit Company, and accordingly forbidden to do so. To make this situation worse, it was using the funds it received from non-members’ nomination fees to enrich and reward its members.
Another matter close to my heart:
Previously, the ROA made a rather limited monthly contribution (from the nomination fees it received) to the Trainers Benevolent Fund, of which I am a co-trustee.
The Benevolent Fund makes payment of medical aid premiums, and also a small monthly grant in terms of its Deed of Trust to some retired, qualifying ex-trainers and spouses. We have helped dozens of retired trainers and their families with financial contributions that have a made a difference to their lives.
We have now been informed that, save for a limited period going forward, 4Racing will no longer be making any contributions to the Trainers Benevolent Fund from the nominations fees or from any other source.
This act will cause unnecessary and easily avoidable hardship to numerous beneficiaries, and should be rectified, especially as it seems contradictory to 4Racing’s often-stated aims and objects of social upliftment.
Why does the ROA do nothing about the paltry quality of food available at the racecourses, or the total lack of services and facilities available to all owners?
Such behaviour would make race meeting attendance more pleasurable and attractive, creating a vibrant atmosphere to enthral new potential owners. Presently, it is like going to a morgue.
Why does the ROA not attempt to engage with SARS in order to reinstate the tax benefits and deductions that used to be applicable with regard to racehorse ownership and breeding?
This would obviously encourage new ownership and participation, thereby reversing the rapidly declining ownership base. Obviously, the T.B.A. should also be an active participant in this approach, but unfortunately that association appears to be another body that is inactive in assisting its members, save for the rather questionable and costly approach of enriching those involved in the much delayed and still unresolved Export Protocol.
Why does the ROA not make active and meaningful attempts to reduce costs for owners?
One of Mr. Bortz’s most contentious points was the “regular” treatment of horses by veterinarians, and the perception of doping that has arisen.
That situation is easily remedied.
All that is required is that the NHA or the operators employ more veterinarians. As an example, another 3 in Gauteng (giving a total of 5); another in Natal (giving a total of 3), and a total of 2 in the Eastern Cape, and 3 in the Cape.
These veterinarians would be paid a salary, the cost of which would be raised by a relatively small increase in nomination fees and stable rental.
Owners / trainers would then be charged only the cost price for any medication or supplements provided to their horses by the NHA / operator- employed vets.
This would cause a substantial decrease in the costs of racehorse ownership. This system would be effectively in accordance with the successful Hong Kong model, thereby eliminating the additional veterinary charges most owners currently receive.
It would also eliminate the perception of the vets “doping” the horses, as only those treatments in accordance with the Rules, and necessary, would be provided to a horse.
In the event that a horse tested positive, and the treating vets could not explain the result, then severe penalties would be imposed on the trainers. Should any horse require extensive rehabilitation or an operation, it would be removed to a specialist vet for that treatment and then suspended from racing for a pre-determined period.
I make these suggestions as, historically, prize money has failed to keep pace with the rising monthly costs of racehorse ownership, and appears unlikely to do so in any commercially sustainable model in the future.
As that position cannot be rectified by any owners, then the ROA should be looking at all methods of reducing costs.
Unfortunately, both historically and presently, it has failed to do, and appears quite happy to follow whatever prevailing trend exists.
It has now become essential for change in this industry from the bottom up, and for that I applaud the efforts of Cape Racing and its Chairman. Hopefully, the other racing regions will start to take notice, and make the active and necessary changes.
Sincerely,
O.A. Ferraris
Ed – Both the ROA and 4Racing were approached for comment. 4Racing failed to reply.
I noted with some alarm the comments made by Mr. Bortz about the discrepancies in the due diligence performed on the ROA, and request him to make these discrepancies public, as they clearly are in the public interest, and furthermore such material and important allegations should not be made without any substantiation thereof, as they lead to gossip and conjecture.
In my opinion, the ROA no longer has any relevance to, nor purpose in, the current structure of horse racing in South Africa.
The burning question is, what exactly does it do for its members, and I invite it to provide a detailed response and description in this regard, to substantiate its continued existence and of its employees.
POSTED IN THE SPORTING POST www.sportingpost.co.za/roa-an-open-letter-from-ormond-ferraris/
The ROA is a non-profit company and, as such, neither its income nor property may be distributed to its members, and must be used to advance the purpose for which it was created.
Previously, the ROA received funding from two sources, namely, the nomination and acceptance fees, and its members’ annual subscription fees. It also has only one meaningful asset, which is the North Rand Training Centre at Randjesfontein.
What is concerning is that effectively the ROA was using money it received in nomination fees (including that from non-members) to reward only its members by payment of the “R.A. incentive” of R15 000 on a member owning the winner of a qualifying race.
This means that the ROA is wrongfully distributing its income to its members, despite it being a Non-Profit Company, and accordingly forbidden to do so. To make this situation worse, it was using the funds it received from non-members’ nomination fees to enrich and reward its members.
Another matter close to my heart:
Previously, the ROA made a rather limited monthly contribution (from the nomination fees it received) to the Trainers Benevolent Fund, of which I am a co-trustee.
The Benevolent Fund makes payment of medical aid premiums, and also a small monthly grant in terms of its Deed of Trust to some retired, qualifying ex-trainers and spouses. We have helped dozens of retired trainers and their families with financial contributions that have a made a difference to their lives.
We have now been informed that, save for a limited period going forward, 4Racing will no longer be making any contributions to the Trainers Benevolent Fund from the nominations fees or from any other source.
This act will cause unnecessary and easily avoidable hardship to numerous beneficiaries, and should be rectified, especially as it seems contradictory to 4Racing’s often-stated aims and objects of social upliftment.
Why does the ROA do nothing about the paltry quality of food available at the racecourses, or the total lack of services and facilities available to all owners?
Such behaviour would make race meeting attendance more pleasurable and attractive, creating a vibrant atmosphere to enthral new potential owners. Presently, it is like going to a morgue.
Why does the ROA not attempt to engage with SARS in order to reinstate the tax benefits and deductions that used to be applicable with regard to racehorse ownership and breeding?
This would obviously encourage new ownership and participation, thereby reversing the rapidly declining ownership base. Obviously, the T.B.A. should also be an active participant in this approach, but unfortunately that association appears to be another body that is inactive in assisting its members, save for the rather questionable and costly approach of enriching those involved in the much delayed and still unresolved Export Protocol.
Why does the ROA not make active and meaningful attempts to reduce costs for owners?
One of Mr. Bortz’s most contentious points was the “regular” treatment of horses by veterinarians, and the perception of doping that has arisen.
That situation is easily remedied.
All that is required is that the NHA or the operators employ more veterinarians. As an example, another 3 in Gauteng (giving a total of 5); another in Natal (giving a total of 3), and a total of 2 in the Eastern Cape, and 3 in the Cape.
These veterinarians would be paid a salary, the cost of which would be raised by a relatively small increase in nomination fees and stable rental.
Owners / trainers would then be charged only the cost price for any medication or supplements provided to their horses by the NHA / operator- employed vets.
This would cause a substantial decrease in the costs of racehorse ownership. This system would be effectively in accordance with the successful Hong Kong model, thereby eliminating the additional veterinary charges most owners currently receive.
It would also eliminate the perception of the vets “doping” the horses, as only those treatments in accordance with the Rules, and necessary, would be provided to a horse.
In the event that a horse tested positive, and the treating vets could not explain the result, then severe penalties would be imposed on the trainers. Should any horse require extensive rehabilitation or an operation, it would be removed to a specialist vet for that treatment and then suspended from racing for a pre-determined period.
I make these suggestions as, historically, prize money has failed to keep pace with the rising monthly costs of racehorse ownership, and appears unlikely to do so in any commercially sustainable model in the future.
As that position cannot be rectified by any owners, then the ROA should be looking at all methods of reducing costs.
Unfortunately, both historically and presently, it has failed to do, and appears quite happy to follow whatever prevailing trend exists.
It has now become essential for change in this industry from the bottom up, and for that I applaud the efforts of Cape Racing and its Chairman. Hopefully, the other racing regions will start to take notice, and make the active and necessary changes.
Sincerely,
O.A. Ferraris
Ed – Both the ROA and 4Racing were approached for comment. 4Racing failed to reply.
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- Tigershark
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Re: ROA: An Open Letter From Ormond Ferraris
1 year 8 months ago - 1 year 8 months ago
Dear Mr. Ferraris,
The Vet cost issue is a very complex one and will be met with much resistance.
When I investigated this a few years ago these were my findings;
1. The Vet's are vehemently opposed to the operators employing Vet's and will use their association to block this.
2. The Vet's are vehemently opposed to the operators setting up dispensaries at each training center.
3. The Vet's use a computer program to charge for services and medication, if you reduce the treatment amount the medication mark-up will increase and vice versa.
Don't get me wrong, if a trainer or owner want to use a particular Vet regardless of the cost they should be able to do so however the way things are set up now can only be described as a monopoly.
When I questioned why I was being charged R120 for 10mls of a drug which costs R100 for 100ml I was told that it was how the computer program worked out the cost. Clearly, setting up a medicine dispensary would not suit the Vets at all as they fully intend to make use of as much margin as they can on medication.
I fully support service providers making a decent living for their expertise, however you cannot arrive at market related cost structure when there is limited competition.
The Vet cost issue is a very complex one and will be met with much resistance.
When I investigated this a few years ago these were my findings;
1. The Vet's are vehemently opposed to the operators employing Vet's and will use their association to block this.
2. The Vet's are vehemently opposed to the operators setting up dispensaries at each training center.
3. The Vet's use a computer program to charge for services and medication, if you reduce the treatment amount the medication mark-up will increase and vice versa.
Don't get me wrong, if a trainer or owner want to use a particular Vet regardless of the cost they should be able to do so however the way things are set up now can only be described as a monopoly.
When I questioned why I was being charged R120 for 10mls of a drug which costs R100 for 100ml I was told that it was how the computer program worked out the cost. Clearly, setting up a medicine dispensary would not suit the Vets at all as they fully intend to make use of as much margin as they can on medication.
I fully support service providers making a decent living for their expertise, however you cannot arrive at market related cost structure when there is limited competition.
Last edit: 1 year 8 months ago by Tigershark.
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- Muhtiman
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Re: ROA: An Open Letter From Ormond Ferraris
1 year 8 months ago
....Our poor sick ponies....vets must then be coining it these days as they are the only ones allowed to dispense and apply almost all medications...
..way back in the day mid 70's before AHS vaccines...bleeding.. Flu.... multitude of other many viral infections etc....the only time one saw a vet in the yard was to perform a gelding.....not that Grandad was a bit of a tight wad but a horseman that did all the patching up...bandaging... addressing colic.... ...dredging ....deworming..etc..and a rare serious or mystery ailment and any major op was addressed by walking the horse 800m to Dr Tim Azzie after a brief phone call to get his OK....:S ....have very little faith in those that almost totally rely on over medication and then are mystified when they are fingered by the NHRA.....:oops:

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- Sylvester
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Re: ROA: An Open Letter From Ormond Ferraris
1 year 8 months ago
Uncle Ormie has more knowledge in the tip of his little pinkie toe than all the names on the ROA list of signatories.
ROA is an extra cost not needed in racing.
ROA is an extra cost not needed in racing.
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- mr hawaii
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Re: ROA: An Open Letter From Ormond Ferraris
1 year 8 months agoUncle Ormie has more knowledge in the tip of his little pinkie toe than all the names on the ROA list of signatories.
ROA is an extra cost not needed in racing.
the man has been looking after the interests of destitute trainers(and the pension fund) for decades.. He does not have to do so as he's always been at the top... 4 Racing could learn a heap from him and also Cape Racing
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- Muhtiman
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Re: ROA: An Open Letter From Ormond Ferraris
1 year 8 months ago - 1 year 8 months ago
[/quote]...the man has been looking after the interests of destitute trainers(and the pension fund) for decades.. He does not have to do so as he's always been at the top... 4 Racing could learn a heap from him and also Cape Racing[/quote]
.....and also thanks to him my widowed mother had a better quality of life well into her golden years when he ensured that also her medical aid benefits were continued up until she passed away....
.....and also thanks to him my widowed mother had a better quality of life well into her golden years when he ensured that also her medical aid benefits were continued up until she passed away....
Last edit: 1 year 8 months ago by Muhtiman. Reason: paragraph
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