円形競技場 Leisure in new course 取引，協定

By DAILY MAIL REPORTER
Updated: 00:00 BST, 26 June 1999

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The (v)策を弄する／(n)騎手 Club is losing its 支配する on horse racing. 部外者 円形競技場 Leisure is coming up 急速な／放蕩な on the rails に引き続いて its 最新の 取引，協定 yesterday to take over the running of the Worcester racecourse with a 99-year 賃貸し（する） from the 会議.

'We now have 18pc of the British fixture 名簿（に載せる）／表（にあげる） against Racecourse Holdings 信用's (the (v)策を弄する／(n)騎手 Club offshoot) 20pc,' said 長，指導者 (n)役員／(a)執行力のある Graham Parr.

Parr will not say how muc h he paid for the 賃貸し（する） but will 投資する 'a multi-million 続けざまに猛撃する sum' to modernise Worcester and build a hotel. Flat racing will be 再提出するd for the first time in 33 years.

Yesterday, 株主s 認可するd the £16m 取引，協定 to buy Midlands 跡をつけるs at Southwell and Wolverhampton to 追加する to the Folkestone and Lingfield courses.

The 株 have risen by half in a month to 27p valuing 円形競技場 at £50m. Also ran is Stan Clarke's Northern Racing group. 最高の-rich Clarke, chairman and 創立者 of 所有物／資産／財産 group St Modwen, owns dozens of thoroughbreds.

St Modwen （機の）カム second at Worcester, but Clarke remains keen to 追加する to his three courses at Newcastle upon Tyne, Uttoxeter and Brighton.

There are still dozens of 会議 and 個人として-owned courses dotted around the country waiting to be snapped up.

The 重要な to 利益（をあげる）s is the hugely undervalued TV broadcasting 権利s.

These come up for 再開 in 2002 and the bookies will probably have to 支払う／賃金 井戸／弁護士席 over £50m a year to race-course owners against the 現在の £12m. 交渉s start next year.