This allows for kennels bills, prize money and any other business to be processed, paid and compiled for members to view. This gives great optimism that we could be buying better type of greyhound in the future, whilst also maintaining the set flat monthly fee.Ī monthly breakdown of accounts would be published no later than the 10th of each month. Therefore, we could potentially be keeping close to £1000 per month in the syndicate fund should we get 4 runs per dog per month and a couple of those being wins. Every little helps!īasing it on each of the 6 greyhounds having 3 runs in a month, the minimum prize money added would be £720. Despite the current low rates, any interest earned on the money held in the pot will be added accordingly and presented on the monthly accounts summary. This will change and be covered in the main 6 greyhound monthly fees once transferred in, and prize money won from that point onwards will contribute to the pot. The running reserves will not have a kennel bill, but with Jim retaining the prize money for these. We are planning on allowing the pot to grow to £4000-£5000 before buying a nicer type. All prize money earned will be put into the pot towards future purchases and a retirement fund for those that are not covered in the GBGB retirement bond. With 30 members paying £50 per month, this would cover the basic monthly kennel bill (inc VAT) for the 6 syndicate dogs. All monies to be held in a separate bank account held by Jim, this is so the money for purchases can be easily accessed and paying of kennel bills can be seamless. You will receive confirmation of your syndicate membership. Should you wish to join, a form will be sent to you via email to fill in and return. Then a standard flat monthly fee of £50 payable by standing order on the first of each month. There is an initial sign-up fee of £100 this will contribute to the purchase of the first 6 greyhounds and running reserves. An opportunity to be part of a syndicate looking forward in an honest and open manor. Please do not view this as an investment opportunity, it is solely for 30 people to enjoy greyhound racing at a reasonable price. It is our intention for this syndicate to evolve into a graded racing and open racing syndicate over time, whilst maintaining the low sign up fee and reasonable monthly fee. We will state this as a graded racing syndicate, with all dogs being trained by Jim Daly and running at Crayford. There is the added bonus that we will have two “Running Reserves” that will be available to transfer into the syndicate should one of the main dogs go lame or be forced to retire. All monies contributed will be held “in the pot” and will be directly re-invested into the syndicate. With a set initial sign-up fee and then a regular set monthly payment, this will be a non-profit syndicate. We will be a racing syndicate consisting of 6 graded runners at Crayford. Sorry its long winded, but we wanted to be as clear and concise with the opportunity we are offering, in the most open and honest manner. This is being run separately and differently from the existing Jim Daly Racing Syndicates. If demand proves to be greater than the initial 30, we will come up with a solution/proposal and discuss with any existing members to an agreeable extension. This a racing syndicate initially provisioned exclusively for 30 members only. Here at Kelva Kennels, we are pleased to announce a new racing syndicate but with a difference.

Pro cyndicate