Australian Turf Club members have been offered a $57 million incentive to support the sale of Rosehill, with the club confirming members would receive a minimum of five years of free membership along with the $1.9 billion worth of infrastructure works should the sale proceed.
The ATC issued its new Notice of Extraordinary General Meeting (EGM) on Tuesday, with the 111-page document detailing the single resolution the members will vote on when the EGM is held on Tuesday, May 27.
Under the Registered Clubs Act, more than 50 per cent of members must approve the resolution if the $5 billion sale is to proceed.
The new document is far more in-depth and detailed than the one issued ahead of the aborted first vote, which was scheduled to be held in April before Racing NSW demanded the ATC delay it to provide more information to members.
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