Racing NSW has detailed its case to have an administrator installed at the Australian Turf Club, saying the club has needed handouts to pay its loans and allowed costs to spiral out of control, and accusing board members of improper behaviour.

In an explosive statement issued on Monday night, the governing body detailed the extent to which it has subsidised the club over the past decade.

It also said it had evidence of code of conduct breaches by directors that had not been adequately addressed by the club, but did not elaborate.

The ATC, which operates Sydney’s four thoroughbred racetracks, was issued a notice by Racing NSW last Friday to show cause as to why an administrator should not replace the board . It has two weeks to respond.

The notice came after a week in which the club s

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