The Newcastle Jockey Club will compensate Broadmeadow trainers for extra float expenses incurred during the recent track closure.

With Broadmeadow closed for racing between mid-October and late December, meetings were transferred to Wyong, Gosford and Scone.

NJC chief executive Cameron Williams and NSW Trainers Association CEO Steve McMahon announced a compensation package for Broadmeadow trainers who floated horses to start at those transferred fixtures.

Trainers will be compensated $200 for each horse which started at the meetings.

The package was an initiative of McMahon, who pointed out the Australian Jockey Club compensated trainers when World Youth Day at Randwick forced trainers to move to Warwick Farm.