British Horseracing Authority names chairman
Former UK government Minister Sir Hugh Robertson appointed as independent chair of the new Racing Authority by BHA.
Assuming the role of chair of the Shadow Racing Authority Robertson will take his charge this month.
The full independent chair position will be assumed by him when the new Racing Authority launches in 2019.
Racing Authority next year will replace the current Horserace Betting Levy Board (HBLB) with regard to a major reform of the UK racing sector.
The government is processing out a consultation in association with the closure of the HBLB, and when it is done, the Racing Authority will then be represented by British horseracing’s tripartite structure: the BHA, the Racecourse Association and the Horsemen’s Group.
For a consecutive three years Mr. Robertson will serve as chair of the Racing Authority and the responsibilities’ for making expenditure decisions on behalf of British racing; ensuring fair and transparent distribution of funds; funding growth; consultation with the betting industry and wider stakeholders; and the growth of the racing product will rest on his shoulders.
Robertson said. “I am delighted to be taking on this new role in British racing; I hope that my independence, experience of the wider world of sport and knowledge of sports finance will help racing make the most of this exciting new opportunity,” BHA Chairman Steve Harman commented, “We are delighted with this appointment; the shortlist was of extremely high quality, reflecting where this sport is getting to in attracting talent of this calibre.”
“Sir Hugh has worked tirelessly for British Olympic sport for more than 10 years, and was both an advocate and supporter in the Levy reform process.”
“He is keen to grow the Racing Authority’s income and to drive the health and growth of the sport.”
“He also brings a healthy independence to the Racing Authority, and significant governance experience.”
Source: European Gaming Portal