Levy board increase point to point support

13:02 07 November 2012

The Point-to-Point Authority (PPA) is pleased to announce that following its recent Board meeting, the Horseracing Betting Levy Board (HBLB) has informed the PPA that this year’s grant to point-to-pointing will be £250,000, an uplift of £50,000.

Alan Delmonte, Operations Director of the Horserace Betting Levy Board, said: “The Board was pleased to approve a 25% increase in the allocation in recognition of the strong links between Racing and Point-to-Point. The PPA has also worked with us over the past year to review the way in which the grant is applied, so as to assist fixtures staged at less favourable times and to encourage a better spread of dates.”

Lucy Tucker, Executive of the PPA said “The PPA really welcomes the news at a time when it is becoming financially more challenging for hunts and clubs to stage meetings in general but in particular during the early part of the season when the inclement elements of the weather put a huge pressure on those staging fixtures at that time of year and attendances are less predictable.”

The allocation of the grant has been reviewed and for 2012’13 will be paid direct to individual hunts or clubs staging a meeting rather than the host hunt which has been the case in the past. Those meetings staged on less favourable dates i.e. early season, will see an increase in the total they receive whilst those later in the year and on more attractive dates i.e. Easter will see a decrease.

A flat payment of £250 was to be paid to every fixture but in light of the additional £50,000 received this has been increased to £450 per fixture. The breakdown is as follows:

BAND/No of Fixtures/Allocation

1 Dec – Feb/46/£1,615

2 March/44/£1,365

3 Apr, May, June/83/£1,170

4 Easter Saturday & Tues/15/£752

5 Easter Monday/11/£660

Other Sport Stories

Thursday, March 26, 2015

Chard upped their game in the second half against Hornets to avoid what looked like a drubbing.

Read more
Thursday, March 26, 2015
Jessica Gundry (on right) landing a hit on her way to a 15-4 victory in the U23 Womens Epee British Championships final in London (photograph courtesy of David Bradley)

Jessica Gundry from Dalwood, near Axminster, has added a third British title to her collection.

Read more
Thursday, March 26, 2015
Rugby - generic

Honiton Tigers U8s took a squad of ten players to Exeter Saracens on Sunday and produced some decent rugby to claim two wins, a draw and a defeat in the four matches they played.

Read more
Thursday, March 26, 2015
rugby generic picture

Honiton achieved a dramatic last-gasp win on Saturday to secure their survival in the Cornwall & Devon Division for another season, writes Roger Dance.

Read more
Thursday, March 26, 2015
rugby generic picture

As the Lacemen’s Colts licked their wounds from their recent defeat by a strong Barum outfit, they travelled to Okehampton for a must-win game and produced the goods in a 25-15 result, writes Paz Parratt

Read more
Thursday, March 26, 2015

Two wins in two days! It wasn’t a bad weekend for Honiton Town Youth U12s.

Read more
Thursday, March 26, 2015

Dunkeswell Rovers didn’t put a foot wrong during a weekend of league and cup action away from home.

Read more
Thursday, March 26, 2015

Hard work during winter training paid off for Lyme Regis Gig Rowing Club at the Three Rivers Race put on by Caradon GRC on the Tamar.

Read more
Wednesday, March 25, 2015
Nice to see was the first black bream of the season with Trevett landing a fish of 3lb 5oz.

Honiton Sea Angling Club members Mike Spiller and James Trevett had some cracking fish on a day trip from Lyme Regis.

Read more
Wednesday, March 25, 2015

GOLF: George Seed stormed to a three-point victory in Division One of the March stableford at Lyme Regis Golf Club.

Read more

Local Weather

Sunny

Sunny

max temp: 9°C

min temp: 3°C

Most Read Sport

Family notices
Advertise in the paper
Submit a Story
Submit a Story
Buy Photos
Competitions
iwitness24
Facebook
Twitter
Google Plus Page
Family Notices 24

Digital Edition

Image
Read the Midweek Herald e-edition today E-edition



Honiton's trusted business finder