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Time of India

RWITC members divided over devpt of clubhouse

Mumbai: Following the much-awaited nod from the BMC to build a multi-storey clubhouse, the 1,800-odd members of the Royal Western India Turf Club (RWITC), who enjoy voting rights, are divided over how to proceed with the proposed development of the new state-of-the-art turf clubhouse at the Mahalaxmi Racecourse. Some members are of the opinion that should there be a proposal to sponsor the construction of the modern clubhouse from Adar Poonawalla , CEO of the Serum Institute of India , as is being rumoured, it should not be accepted. These members said a new membership programme should be unveiled which will provide enough money to achieve the target of a swanky clubhouse. Then there are others who are of the opinion that Adar should be allowed to sponsor the construction while the income generated through the new memberships will add to the coffers of the club. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai "This swelled coffer can be utilised to provide more facilities at more subsidised rates to us," said one member. There are also some who said that apart from accepting Adar's offer, the new membership should be opened in phases. "This way, membership charges can be enhanced on the basis of responses that we get," said one of them. Meanwhile, sources say that Adar's rumoured initial offer to sponsor the construction of the clubhouse on behalf of his father Cyrus Poonawalla , is likely to get shared by his uncle Zavaray Poonawalla who now wants to be part of the legacy that his elder brother's family may wish to leave in the new clubhouse. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You To Read in 2025 Blinkist: Warren Buffett's Reading List Undo According to sources, the RWITC managing committee has received a letter in this regard signed jointly by Adar and Zavaray. TOI tried to reach both Adar and Zavaray for their reaction, but there was no response from either of them. Two years ago, Zavaray's son Yohan had funded nearly Rs 12 crore towards the renovation work of the Pune Turf Club House. Zavaray, the younger brother of Cyrus Poonawalla, had contributed in helping not only the RWITC survive the ill-effects of Covid-19, but he also lent a helping hand to other racing clubs in the country in fighting Covid-induced financial setbacks. He has spent crores of rupees in various forms of sponsorships at other racing clubs in the country over the past six years and continues to do so. Meanwhile, RWITC sources say Cyrus Poonawalla has also now offered Rs 16 crore to sponsor the Indian Derby for the next four years. It is for the first time that the Poonawalla family has decided to associate with the most prestigious race in the country which is run on the first Sunday of Feb every year.