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| A review of 2001 and a look forward to the 2002 season and beyond |
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| I heard of the disappointing news of the funding cuts whilst I was on my Christmas break in England. Because of the level of salary I was paid under the government's 25% ex-patriot tax rule I realised that the best way in the immediate term to help the racecourse would be to step down and so help to meet the tough 2002 budget imposed on us.
Since then the Chairman, Mogens Poulsen, and I have been searching for a new solution where I could stay on in a commission rewarded way. We found a solution agreeable to ourselves however we could not find a solution agreeable with the Tax Office because of ex-patriot rules. We have received many kind words since the racing industry's funding was so drastically reduced. I would like to thank all those who have given Tom, Michael, Gitte, Filip and me their support and encouragement.. In particular I would like to thank: The HesteEjerForeningen especially Leif Schubert. Nick Elsass and Dansk Galop for their advice and wisdom. Kirsten Juncher and Jeppe and Gitte Eisner for their counsel and friendship. I am looking forward to assisting the racecourse on a volunteer basis as much as I can in the future. I have had a very enjoyable time at Klampenborg and look forward to remaining a loyal friend to Copenhagen Racecourse. Where does this leave the future of the racecourse? That depends on how we view the overall picture. I think that all of us: spectators, jockeys, trainers and owners can be proud of what we achieved in 2001 and that the sport is in a good position. Review of 2001: A higher attendance an improvement to the decline in on course betting turnover improved facilities more runners per race better results by Klampenborg trainers a better sporting experience for our customers and an improved economy. I strongly feel (and we have independent support for this) that we successfully made effort to improve our gambling product for the off course market. But we were under constant threat of legal action by Væddesbladet when we attempted to supply better information for our customers on course: We improved the access to information we improved the credibility of the sport and we made it more fun I have no doubt that DanToto's view of the future is very different. It is perhaps a great shame that they were unable sufficiently to improve their performance and that the racecourses were collectively put at fault and penalised but no penalty has been given to DanToto! Although there are many good people with ability in DanToto there are some of us who believe that as an institution it continues to show that it is unaware of the fundamental attraction of 'the betting product'. For what it is worth I humbly offer my following opinions about the gambling product in Denmark which I tried unsuccessfully to influence DanToto and 'Tips and Lotto' about:
A Look Forward to the 2002 Season and Beyond: I wish you all a very enjoyable future of entertainment and sport and look forward to seeing you at Klampenborg. |