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Board Meeting Summary

Meeting Date: Wednesday 10th November 2021

 

Presentations
The Board received presentations from the Jockey Club and from BHA on current issues of relevance to the Board.

Racing League 2022
The Board agreed that it would provide funding to Racing League fixtures in 2022 and would reach a final decision on the amount in light of confirmation of the level of ITV coverage of the fixtures.

Financial Forecast 2021/22
The Board agreed a full year forecast range of £91m to £105m, with £96m to £100m the likeliest outcome at the current time.

ROA Industry Ownership Strategy Report
The Board  considered a further report from the ROA on the industry ownership strategy.

Industry Recruitment, Training and Retention
The Board noted a report on IRTR that it had commissioned earlier in the year on what HBLB had funded and agreed to move to commissioning a second stage report that would be a larger piece of work with the industry.

Management Accounts to 30 September 2021
The Board approved the management accounts to 30 September 2021.

Remuneration Committee
The Board noted the report of its Remuneration Committee.