Northumberland equestrian event supported by local businessmen

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Northumberland equestrian event supported by local businessmen

Horse insurance policyholders have been told that a controversial equestrian event will take place in future, after being taken over by two leading north east businessmen.

JournalLive.com reported that the inaugural Burgham Horse Festival was held in July near Felton, and was supported financially by the county council.

However, questions were raised about the future of the event, which attracted 4,000 spectators and hosted some of the country's leading show jumpers, after it was revealed that it had made a loss of around £100,000.

North east entrepreneurs Sunil Mehra and Semore Kurdi have now set up a company, named Burgham Horse Trials Limited, to develop the event for 2011 and beyond.

Head of regeneration at Northumberland Council Andy Dean says: "This represents a terrific opportunity for Northumberland. A sustainable major event will be taking place in the county, run by the private sector with no public subsidy, and potentially repaying the council's first-year financial loss."

Last month, the York Press reported that Askham Bryan College in York is planning to host a second horse trials event, after its first competition was hailed as a success.
 

November 02nd 2010

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