Auction Groups

Auction Group Update

 

For the many new members that have recently joined Charter as well as the rest of the Charter family take a look at a few of Charter auction purchases from recent years ...

 

TK Quick Strike -Winner 2008 Wheeling Mountaineer Classic Championship. 2007 Woodlands Great American Greyhound Futurity finalist. Wheeling 3/8ths track record 37.32, then 37.27, and again, 37.20, all in '08. Close to $100,000 earn! Wheeling 2008 win champ 31 ! Wheeling 2008 Night Of Stars Champ! Nominated for the 2008 Flashy Sir Award as the best distance greyhound in the country ! 2008 All American Candidate!

 

Ebony River - 2006 Derby Lane Million 2nd place finish in the final! Returned over $100,000 to the owners involved in his auction group.

 

Lonesome Cry - Winner 2003 Derby Lane Puppy Preview, 2003 Matinee Idol finalist, 2nd 2003 T. L. Weaver Memorial Stake. Winner 2004 $50,000 Couch Potato Stake at Wheeling, 2004 Southland Derby finalist. 2003 Derby Lane win leader (35--21-6-3-1). He has returned close to $200,000 to the owners involved in his auction group.

 

Dodgem By Design - 2002 Derby Lane $85,000 Sprint Classic Champ - 2002 Matinee Idol Champ - 2002 All American ! He has returned over $600,000 to the owners involved in his auction group.

 

 

Thank you for helping us keep the Charter Kennel organization the best in all greyhound racing!

 

cooleydogs@aol.com

The 2009 National Greyhound Association Spring Meet April 20th - 25th

Its time to start thinking about the Spring 2009 Wheeling Auction Group. This auction will mark the 24th successful year that the Charter Kennel has put together an auction group that will offer to our owners an opportunity to own the best greyhounds in the country. As in previous years our intention is to purchase greyhounds that will compete at the top paying track in the country...Wheeling Island.
 
We are going to make a change for this group.  We have decided to offer spots in the group in increments of $1,500.  We will offer as many spots as the owners choose to purchase and at the cut off date we will go to the auction with as much funding as we have. The total value of the group combined with the number of spots you have purchased will determine the percent that you own of the group.  The examples below should help make this clear:
 
First line
If you were to purchase 10 spots at $1,500 and we sold a total of 80 spots then the group would be worth $120,000 and you would own 12.50% of the group.

Second line
If we only sold 70 spots and the group was worth $105,000 then you would own 14.28% of the group.

Third line
If we  sold 60 spots then the group would be worth $90,000 and you would own 16.66%

I think you can follow how this works...there are several other examples below.

 

Number of $1,500 Spots Purchased	Total Due	Total Number of Spots Sold for Group	Total Value Of Auction Group	Percent of Ownership %
10	$15,000	80	$120,000	12.50
10	$15,000	70	$105,000	14.28
10	$15,000	60	$90,000	16.66
7	$10,500	80	$120,000	8.75
7	$10,500	70	$105,000	10
7	$10,500	60	$90,000	11.66
4	$6,000	80	$120,000	5
4	$6,000	70	$105,000	5.71
4	$6,000	60	$90,000	6.66
1	$1,500	80	$120,000	1.25
1	$1,500	70	$105,000	1.42
1	$1,500	60	$90,000	1.66

 

Remember you can purchase as many spots as you want...and each spot is $1,500.
 
In addition to the NGA auction purchases the Spring 2009 auction group will also have an opportunity to take advantage of:

10 bonus pups offered from Lonesome Cry
 - We will offer a complete litter out of Brick Oven -- and the balance of pups from another female to be named later
 
Just send me an e-mail with the number of $1,500 spots you would like to reserve no money will be due until March 21st!
 
Cooleydogs@aol.com
 
Thanks to all who will join us for Spring 2009 !
 
Rodney