The Jockey Club
Sports teams and rights-holders are today presented with a panoply of funding mechanisms to help raise money: issuing of mini-bonds, shares and other crowdfunding initiatives; financing against commercial rights; and insurance-backed loans are all competing against the high-street banks.
Paul Fisher has been promoted to chief executive of Jockey Club Racecourses, the operating group of 15 racecourses in the UK.
British horseracing commercial group the Jockey Club has announced record levels of business growth and a sixth consecutive increase in turnover in its results for the 2014 financial year.
The Jockey Club today (Wednesday) unveiled its Racing Explained programme, which aims to educate the average race-goer about the sport, in hope to increase race-day income.
British horse racing commercial group the Jockey Club has launched a new business to provide outsourced services to the sports industry.
British horseracing commercial group The Jockey Club has announced its Jockey Club Live music and entertainment venture has staged live music after racing for more than 300,000 people in its first year of operation.
The Jockey Club, the biggest commercial group in British horse racing, has announced record financial results for 2013 along with its largest-ever contribution to prize money.
British horseracing commercial group The Jockey Club has appointed construction company Kier as the main contractor on a £45m (€54.6m/75.2m) redevelopment project at its Cheltenham Racecourse.
The Jockey Club, the largest commercial group in British horseracing, has announced that its 15 racecourses expect to offer record total prize money in excess of £42m (€49.5m/$67.3m) in 2014 from 364 scheduled fixtures.
The Jockey Club, the largest commercial group in British horse racing, has appointed Roger Weatherby to succeed Nicholas Wrigley as its senior steward for a term of five years.
Arena Racing Company (ARC), owner of three of the four All-Weather horse racing tracks in Britain, has committed to £2 million in extra prize funds per annum in an initial three-year deal.
The Jockey Club's proposed £45 million development project at its flagship Cheltenham racecourse has been approved by its local council.
Jockey Club Racecourses has extended its partnership with catering firm Compass Group for a further six years, which is expected to be worth £300 million in turnover.
Businesses in sport should follow The Jockey Club example and look to raise money through retail bonds, according to Tom Mitchell, a director of sports finance specialists Sportrisq Capital.
Racecourses owner The Jockey Club has appointed Martin St. Quinton to chair the financing committee for the development of its Cheltenham Racecourse.