Race on for Magic Millions

Original article by Fiona Carruthers
The Australian Financial Review – Page: 8 : 6-Jan-15

Some 916 yearlings will be offered at the Gold Coast’s Magic Millions sale, which will run from 7-12 January 2015. The yearling sale began in 1986, and boasted total sales in excess of $A219m by the end of 2014. The annual thoroughbred sale will be accompanied by the Magic Millions race day, whose prizemoney will rise from $A4.7m in 2015 to $A10m in 2016. Magic Millions is owned by Gerry Harvey and Katie Page

CORPORATES
MAGIC MILLIONS LIMITED, WILLIAM INGLIS AND SON LIMITED, HARVEY NORMAN HOLDINGS LIMITED – ASX HVN, TATTERSALLS LIMITED, KEENELAND, RACING QUEENSLAND LIMITED, PATINACK FARM PTY LTD

Ten battle delays AFL talks

Original article by Darren Davidson
The Australian – Page: 19 : 17-Dec-14

The negotiations on the new broadcasting rights deal for Australian Football League (AFL) matches have been rescheduled for early 2015. The AFL Commission, keen to maximise the potential gains, will wait for the current takeover speculation on Ten Network to be resolved. The free-to-air TV groups are set to pay between $A1.5bn and $A1.6bn in the agreement covering the next five seasons, up from $A1.258bn previously. Among Ten’s suitors is a consortium of Foxtel and Discovery Communications that has made an offer worth $A590m

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN FOOTBALL LEAGUE COMMISSION, FOXTEL MANAGEMENT PTY LTD, DISCOVERY COMMUNICATIONS INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM, FOX SPORTS AUSTRALIA PTY LTD, CITIGROUP PTY LTD, NATIONAL BASKETBALL ASSOCIATION

Phillip Hughes death: ‘Very rare, very freakish’ condition

Original article by Melanie Kembrey
The Age – Page: online : 28-Nov-14

Doctors have commented on the nature of the sports injury that led to the death of a cricket player in Sydney. Peter Brukner, the team doctor of the Australian national squad, said the incident in which a ball struck the neck of 25-year-old Phillip Hughes and split his vertebral artery was "incredibly rare". The victim suffered a subarachnoid haemorrhage and died in St Vincent’s Hospital despite having been resuscitated at the scene of the accident. Brukner said the hospital staff and the paramedics attending did a very good job under the circumstances

CORPORATES
ST VINCENT’S HOSPITAL SYDNEY LIMITED, SYDNEY CRICKET GROUND, CRICKET NEW SOUTH WALES, CRICKET AUSTRALIA

Immediate treatment offers best healing chance: doctors

Original article by Amy Corderoy
The Sydney Morning Herald – Page: 3 : 26-Nov-14

Anthony Cross, president of the Australasian College of Emergency Medicine, has commented on a sports injury suffered by a cricket player. He said the immediate medical treatment Phil Hughes received after the incident was significantly boosting his chances of recovering from the head trauma. Cross noted that helmets usually protect cricketers from the sort of impact seen in vehicle accidents or as a result of alcohol-fuelled violent assaults

CORPORATES
THE AUSTRALASIAN COLLEGE FOR EMERGENCY MEDICINE

Ten teams up with Foxtel in F1 racing deal

Original article by James Chessell, Dominic White
The Australian Financial Review – Page: 23 : 20-Nov-14

A new deal is about to be struck for the TV broadcasting rights in Australia to Formula One automobile racing. Insiders say free-to-air group Ten Network and pay TV provider Foxtel will jointly hold the rights after Ten’s current exclusive contract ends in late 2015. The price is tipped to be around $A30m per annum compared with $A10m now. Meanwhile it appears US-based media group Time Warner is no longer interested in a takeover of Ten, which remains a target of suitors Discovery Communications and Foxtel

CORPORATES
TEN NETWORK HOLDINGS LIMITED – ASX TEN, TELSTRA CORPORATION LIMITED – ASX TLS, NEWS CORPORATION – ASX NWS, NEWS CORP AUSTRALIA PTY LTD, FOXTEL MANAGEMENT PTY LTD, FORMULA ONE HOLDINGS LIMITED, FOX SPORTS AUSTRALIA PTY LTD, TIME WARNER INCORPORATED, DISCOVERY COMMUNICATIONS INCORPORATED, CITIGROUP PTY LTD

Ex-players may sue over brain trauma: Roberts

Original article by Michael Chammas
The Sydney Morning Herald – Page: 40 : 11-Nov-14

The National Rugby League could face a spate of lawsuits from former players who sustained brain injuries during their career. Former player Ian Roberts says he has not yet decided whether to launch legal action over his concussion-related injuries, but he believes that other ex-players are likely to do so. Sydney-based lawyer George Draca is confident that he would be able to succeed in legal action against the league

CORPORATES
NATIONAL RUGBY LEAGUE, NORWEST LAWYERS, NATIONAL RUGBY LEAGUE PLAYERS’ ASSOCIATION, NATIONAL FOOTBALL LEAGUE

Essendon directors face challenge

Original article by John Stensholt
The Australian Financial Review – Page: 42 : 10-Nov-14

Ron Gauci and Jason Cunningham are seeking election to the board of Essendon Football Club at its AGM in December 2014. They hope to oust current board members Kevin Egan and Jo-Anne Albert, but Essendon chairman Paul Little is believed to have stressed the importance of boardroom stability. Further court action over Essendon’s supplements scandal will occur on 10 November

CORPORATES
ESSENDON FOOTBALL CLUB, AUSTRALIAN FOOTBALL LEAGUE, AUSTRALIAN SPORTS ANTI-DOPING AGENCY, FEDERAL COURT OF AUSTRALIA, MELBOURNE STORM RUGBY LEAGUE CLUB LIMITED, NATIONAL RUGBY LEAGUE, MELBOURNE POLYTECHNIC

Flags to be banned after Araldo death

Original article by Patrick Bartley, Deborah Gough, Tammy Mills
The Age – Page: 8 : 6-Nov-14

Victoria Racing Club will prohibit people from taking flags into horse areas at Flemington racetrack for the remainder of the Spring Racing Carnival. The 150-metre winners’ race will also not be used on Oakes Day and the Emirates Stakes meeting. "Araldo" had to be put down after injuring a leg when he reacted to an Australian flag being waved while returning to his enclosure following the Melbourne Cup

CORPORATES
VICTORIA RACING CLUB LIMITED, RACING VICTORIA LIMITED, THE EMIRATES MELBOURNE CUP, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, THE BMW CAULFIELD CUP

Favourite’s death overshadows Cup

Original article by John Stensholt, Jessica Gardner
The Australian Financial Review – Page: 1 & 6 : 5-Nov-14

The owners of German horse "Protectionist" on 4 November 2014 received $A3.6m in prize money for winning the Emirates Melbourne Cup, in the fastest time for a dozen years. "Red Cadeaux" came second and gained the owners $A1.08m. The event overall was marred by two deaths, with pre-race favourite "Admire Rakti" collapsing after finishing last and "Araldo" needing to be destroyed after kicking a fence and breaking a leg. Bets placed with gaming groups Tabcorp, Tatts Group and Sportsbet were worth a combined $A166m

CORPORATES
THE EMIRATES MELBOURNE CUP, TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, SPORTSBET AUSTRALIA, RACING VICTORIA LIMITED, VICTORIA RACING CLUB LIMITED

Big betters back Fawkner

Original article by John Stensholt
The Australian Financial Review – Page: 3 : 4-Nov-14

Admire Rakti remains the firm favourite to win the 2014 Melbourne Cup, with one punter placing a $A50,000 bet on the Japanese horse at the Call of the Card. "Fawkner" has also proven to be popular with punters, who are hoping that the Australian-owned horse can win in a field that is dominated by foreign horses. "Fawkner" is owned by businessman Lloyd Williams

CORPORATES
THE EMIRATES MELBOURNE CUP, CROWN MELBOURNE LIMITED, CROWN RESORTS LIMITED – ASX CWN, GODOLPHIN RACING, THE BMW CAULFIELD CUP