JustBookies Racing Club - Owners' Benefits

Owners
can visit the trainer's yard, by appointment, to watch their horse
on the gallops and discuss its progress with the trainer.
Owners
have the opportunity to go racing, hopefully to many of the top racetracks
throughout the year.
Owners
will be supplied with complimentary owners badges, allowing free entry for the day.
Owners
will have access to the parade ring, with the opportunity to talk to
the trainer and jockey.
Owners
can telephone the racing manager to discuss the horse and
they will also be kept abreast of the latest news by email and the
JustBookies Racing Club website.
Owners
have the benefit of a one-off payment, with no monthly bills or
additional costs.
All
excess funds after expenses will be returned to owners. So if the
one-off payments are in excess of expenditure these funds will be
returned to shareholders + prizemoney won + the ultimate sale price
of the horse.
The
difference? JustBookies Racing Club has complete financial transparency.
There are no traditional management fees. The only management fee
occurs when the horse is finally sold, and that is 10% of the gross
sale price if that sale price is greater than the original gross
purchase price.
That fee is only due if the horse has increased in value. Owners will see all costs associated with
their share, from the
original purchase price of the horse down to the monthly cost of the
farrier. Detailed accounts will be provided annually.
Many commercial syndicates hide the original purchase price of the horse and sell it on to syndicate members at an inflated figure. Many syndicates also retain the unspent funds owners invested in advance. JustBookies Racing Club is different: you pay the actual costs only, any excess monies paid in advance are subsequently returned to you, you receive all your share of the prize-money plus your share of the sales price.
The reason the management fees do not exist is because the horses will run in the name of JustBookies.com and the horses will be named to promote the JustBookies.com websites.
If you would like to purchase a share please contact JustBookies Racing Club


