Quote:
Originally Posted by one five five
Something which should never have been allowed to happen
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Except it has been in place since Level 1 and Level 2 Franchise Licence Agreements since the mid 1990's... the opening up to outside equity from Archer fragmented the equity position of each newly minted Racing Entitlements Contract holder just a little more.
Made sense then, still makes sense now. Skin in the game...