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Courses may feel heat before summer's out.


Byline: Howard Wright Howard Gregory Wright (born December 20 1967, in San Diego, California) is an American professional basketball player. He is a 6'8" (203 cm) 220 lb (100 kg) forward and played collegiately at Stanford University from 1978–82.  

THE Fly on the Wall says that in these financially stretched times he will be keeping one of his several lenses trained on the Weatherbys computer, to see how racecourses are going about making sure their prize-money accounts are topped up.

This is one obligation that cannot be delayed, unlike traders' invoices, which tend to get pushed to the back of a drawer A person who orders a bank to withdraw money from an account to pay a designated person a specific sum according to the term of a bill, a check, or a draft. An individual who writes and signs a Commercial Paper, thereby becoming obligated under its terms.  when cash-flow becomes squeezed.

Three days after a race meeting is the limit, unless some form of standing-order arrangement has been made through a bank, when about six days is the norm. Otherwise the BHA BHA butylated hydroxyanisole, an antioxidant used in foods, cosmetics, and pharmaceuticals that contain fats or oils.

BHA
n.
A white, waxy phenolic antioxidant used to preserve fats and oils, especially in foods.
 has the right to dust off its licensing regulations about a course being fit to stage further meetings.

The major groups should have no problem meeting their obligations, but while no intimation has been given yet, the Fly says he would not be surprised if at least one of Britain's independent courses felt the pinch before the summer was out.
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Title Annotation:Sports
Publication:The Racing Post (London, England)
Date:Jan 9, 2009
Words:161
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