NEW CARE FUND FOR GREYHOUNDS ANNOUNCED BY IRISH GREYHOUND BOARD

NEW CARE FUND FOR GREYHOUNDS ANNOUNCED BY IRISH GREYHOUND BOARD

IGB

The Irish Greyhound Board (IGB) today announced the establishment of a separate Care Fund dedicated to funding a variety of initiatives for the care and welfare of the greyhound including re-homing initiatives, greyhound support scheme, care centres, traceability system and other actions all designed to support the care and welfare of the racing greyhound.

The target for the Care Fund in the first year is to provide a ring fenced sum of €1 million solely dedicated to care and welfare initiatives for the racing greyhound. Based on 2019 budget and activity levels, the funding will accrue from the following sources:

• Attendance income and Restaurant packages – 10% of all admissions and restaurant packages will be assigned to the Care Fund. (€400k)
• Tote income – 5% of net tote income will be assigned to the Care Fund.( €300k)
• Sponsorship income – The IGB will engage with sponsors with a view to up to 50% of existing sponsorship being assigned directly to the Care Fund. It is estimated that this will yield €300,000 on the basis of existing sponsorship agreements. Prize money associated with existing sponsorship arrangements will be maintained at current levels.

The above will require adjustments to IGB’s current expenditure and to various cost centres to compensate for the redistribution of income.

The separate Care Fund arrangements for patrons will be brought into effect from 1st November 2019.

Separately, the Irish Greyhound Board is announcing a scheme to provide funding for the treatment of greyhounds which have been injured at IGB licenced stadia. The introduction of the “Injuries at Tracks Recovery Scheme” is open to all owners and trainers who have incurred veterinary costs in the treatment of greyhounds to repair a career-ending orthopaedic (bone) injury sustained at an IGB licenced stadium.

Applications will be assessed on the basis that the greyhound will immediately retire from competitive action (trials and races) following its treatment. The scheme is effective from 1st August 2019 and applications can be made on the approved form to the IGB Regulation Department, Green Park, Dock Road, Limerick.