Newman to Tom Precious of B-H: All agree extension needs to be finalized, formalized, etc..
http://news.bloodhorse.com//viewstory.asp?id=42856
Key quotes:
Spitzer and legislative leaders have been unable to strike a deal on the new franchise-holder to run Aqueduct, Belmont Park, and Saratoga. The sides agree NYRA will continue to run racing. But they are stuck on a number of issues, such as whether NYRA will continue to oversee all aspects of the business, how long the next franchise should last, and whether the NYRA board of directors must be replaced.
Newman said he is convinced all sides want a resolution. “All parties to this are actively working at this everyday,’’ he said. “There’s nobody sitting around waiting for somebody else to do something or change their minds. There are constant discussions.’’
Newman said there are several possibilities of how the stalemate could be resolved. He said Spitzer and legislators could come to a handshake deal on a long-term franchise extension before Dec. 31, and then have the legislature return, as scheduled, in early January to ratify it. The oversight board would still take over racing until ratification.
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