Kentucky.com - Full Article
By Janet Patton — email@example.com
Posted: 8:22pm on Feb 11, 2012
The 2010 Alltech FEI World Equestrian Games in Lexington, once lauded as likely to be the first championships of its kind to make money, apparently fell shy of that mark despite last-minute help from sponsor Pearse Lyons and FEI's president, Princess Haya.
According to its 2010 tax return, the non-profit World Games 2010 Foundation closed the year $1,386,625 in the red after receiving almost $70 million in revenue, including more than $36 million in 2010 alone.
Because the Games were put on by a private foundation, tax returns are the only financial information required to be made public. Individual contributions do not have to be disclosed.
But according to foundation chairman John Long, the 2010 revenue included a previously undisclosed extra cash injection of $3 million from Lyons, founder of Alltech, the Nicholasville-based animal health and nutrition company.
Lyons' company paid $10 million for title sponsorship of the Games at the Kentucky Horse Park, the first equestrian championships held outside Europe.
Alltech spokeswoman Susanna Elliott said last week that Lyons would not comment on the Games' finances or the transaction...
Endurancegb.co.uk - Full Article (Published:16 June 2019) Endurance GB’s new RiderCise® Southern Champions are Dorset-based Nikki Malcol...
September 13 2018 Real Federación Hípica Española have sent a protest letter to Sabrina Ibañez, Secretary General of FEI, regarding the ca...
August 12 2018 With roughly half the distance of the 10th annual 1000-km Mongol Derby distance completed for ongoing competitors, return...
Everythinghorseuk.co.uk - Full Story 04/01/2019 Readers Blog: Anne’s story Written by Anne Binnendijk Mongolia, the country with f...