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

Yesterday, 12:05
Sidmouth Cricket Jordan Fowler Junior Colt of the Year

Sidmouth toasted ‘absent friends’ at their annual dinner and awards evening, writes Conrad Sutcliffe.

Read more
Yesterday, 11:54
Exmouth Sea Angling Associaton The Christmas Fayre meeting

The Exmouth Sea Angling Association (ESAA) contested the Carnival competition that was fished from Mare Rocks to Sandy Bay, writes Robert Pennells.

Read more
Yesterday, 11:54
ESAA Christms Fayre winners

The Exmouth Sea Angling Association (ESAA) fished the annual Christmas Fayre meeting, writes Robert Pennells.

Read more
Yesterday, 11:51
The RFU SW Facilities manager Jon Bendle was invited officially cut the ribbon at the Exmouth RFC's new floodlights opening on Saturday. Mr Bendle is pictured with first team captain Dave Bargent, chrmn Chris Parks, pres Keith Pyne, Mike England, David Bassett,  sec Jan McCarthy, Director of Rugby Chris Wright and Roger Holman. Ref exsp 3088-50-14. Picture: Simon Horn.

Rugby Union in East Devon received a major boost today when Exmouth RFC was chosen by the Rugby Football Union to become a Lead Up and Legacy Centre for the 2015 Rugby World Cup which is being staged in England and Wales.

Read more

Local Weather

Sunny

Sunny

max temp: 8°C

min temp: 6°C

Most Read Sport

Photo Orders
Competitions
Subscriptions
Facebook
Family notices

Digital Edition

Image
Read the Midweek Herald e-edition today E-edition
Honiton�s trusted business finder