The Melbourne Racing Club has sensationally ruled out rebel John Kanaga’s push to spill the board at a special general meeting.
In a letter to MRC members on Thursday, the club said Kanga’s motion was illegal.“The executive committee, excluding members with conflicts of interest, has reviewed a motion received by committee member John Kanga in detail and concluded that it is not legally valid,” the email says.The MRC also released its annual general report in which retiring chairman Matt Cain and former chief executive Josh Blanksby wrote their final messages to members.
Blanksby said the growth came from “positive reevaluations of our properties at Sandown and the Caulfield western precinct as well as $60.5 million in strategic capital investments related to the Caulfield master plan”.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rebels call for spill of Melbourne Racing Club board, saying Caulfield revamp in ‘disarray’A rebel group is vying for control of the Melbourne Racing Club board, naming the board members it wants to oust and the candidates to replace them. The shock moves come after widespread criticism of its new $160m facilities at Caulfield.
Read more »
‘We had no choice’: How a rebel blindsided the Melbourne Racing ClubAs powerful members of the racing community line up to support John Kanga’s push to spill the Melbourne Racing Club board, we can reveal how he caught the executive committee napping.
Read more »
‘Pineapple’: The safe word the Melbourne Racing Club board turns to when meetings hit the roughFighting within the board became so acrimonious, members called in a mediator and adopted a safe word popularised by Hollywood as a last resort.
Read more »
The safe word Melbourne Racing Club turns to when board meetings hit the roughFighting within the board became so acrimonious, members called in a mediator and adopted a safe word popularised by Hollywood as a last resort.
Read more »
Reigning champion Without A Fight given topweight for Caulfield and Melbourne Cups7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
Read more »
Melbourne Demons football club defeats businessman Peter Lawrence’s bid to pry open ‘oppressive’ boardBusinessman Peter Lawrence lost his case against the Demons’ identity-stacked board, but won concessions including the release of details of its 70,000 members.
Read more »