Summary
THE owners of Ayr racecourse, Alan Macdonald and Richard Johnstone, are prepared to go it alone with the course’s revamp after talks to sell the course to Northern Racing appear to have broken down.
The company owned by the Reuben Brothers already owns 10 courses throughout England and looked likely to meet the price, believed to be around £12m, required to add their first Scottish course to the folio. However, after lengthy negotiations, while the Ayr management has not officially walked away from the talks, it appears that the deal has fallen through after the parties could not agree on plans for the building of houses at the far end of the track.See the full content of this document
Extract
Deal to Buy Ayr Falls Through
It now seems certain that the owners will carry on with their original strategy, which involved a...
See the full content of this document
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