Syndicate Agreement

Syndicates play a pivotal role in opening up racehorse ownership to a much wider audience and form a central part of the plan to grow the number of owners in the coming years. They can take various forms ranging from professionally managed syndicates to a much more informal arrangement involving a group of friends.

Whatever the type of syndicate, the ROA always strongly recommends that its members sign up to a syndicate agreement to ensure they are all clear on aspects of costs, factional interests, duration of the syndicate, liability and management. Indeed, it is our experience that disputes are much more likely to arise when no agreement is in place.

To assist those in syndicates, the ROA has introduced a set of template agreements. Here in the Member's Area, ROA members can access editable Word Document versions of the templates which can then be adapted to meet a syndicate’s requirements.

Two alternative templates are available; one deals with an arrangement involving a one-off payment and the other an initial payment followed by monthly contributions. These templates have been developed by ROA Board Member and Racing Solicitor, Justin Wadham, and provide expert guidance as to what a syndicate agreement should cover.

ROA Syndicate Agreement Template (One Horse).docx

ROA Syndicate Agreement Template (Multiple Horses).docx

ROA Racing Club Agreement Template.docx

Guide to Racehorse Ownership:

Whilst all your Ownership queries can be answered in our free online guide A Guide to Racehorse Ownership.

Racing Solicitors:

The ROA strongly recommends that members seek legal advice tailored to their needs when drawing up such agreements. Click here for a list of solicitors with racing experience.