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It is no different then say the Beer Industry. Right now in one of my final classes, we have to do a strategic audit on a company, the teacher picked the beer industry. The industry as a whole has 4 major players, and then a bunch of fringe players. It is exactly what is going on here. You have 4 major owners, some people that are trying to get to that level, and then you have the fringe players, that take what they can get. |
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I don't want it to look like I am defending this guy, because personally, I can care less what goes on over there, although it does look like a cool place to visit. I just think that people are missing the big picture, what the industry as a whole is doing. |
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Money is no object to these people, and those people eventually get smoked. And trust me, when you are losing 200 million a year on bad investments, while a drop in the bucket for some, you still don't have 200 million, even if it is just a bathroom to these people... |
Sheikh Mo's net worth is $14 billion. He spends $50 million on a horse and it is the equivalent of someone with a net worth of $100,000 spending $357 on a horse. So Shiekh Mo can buy a $50 million stallion easier than I can buy a share in Sumwonlovesyou.
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You have a 50k stallion making TWENTY MILLION DOLLARS A YEAR(400 mares) if he is going to the south hemisphere, how can ANYONE pass that opportunity up with any horse they have. you aint making 20 million with a horse on the race track. ****, a 10k stallion is making TWO MILLION DOLLARS in a year.... UNTIL the economies of scale EVEN OUT between racing/breeding, this **** aint gonna change people |
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Look at these BS tracks that are closing and how tracks have to be pulled out by slots. Magna/Churchill really have the RIGHT IDEA in having all these tracks under an organization but the problem is that Magna has a bunch of buffoons in the organization and they get rid of people that demand they are heard. There are too many tenacles to this industry, and tenacles don't usually live long. |
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These morons can't even get medication rules to be the same |
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It has been either merge upon merge or just getting consolidated into one of the largers. I don't have their 10k's handy, and with it being a highly regulated industry, their piss away alot of money on regulators and **** like that, but they aint struggling, their pockets/power, is pretty large |
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Look, it is a bad cycle, any time you have uneven power, it leads to conversations like this, both hatred and love, opinions from both sides, with essentially no right or wrong, no solution or plan Sooner or later, it will even out, 10 years ago, he wasn't in the American industry, who is to say that in 10 years he will be around.... |
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Steve, Id like to believe that last years insane spending by the Sheikh was an anomaly and that seeing his Darley stud so far behind main rivals Coolmore, wanted to rectify that and wanted to do it quickly, hence the purchases of Street Sense, Hard Spun, Authorised, Manduro, Admire Moon etc etc.. From the Guardian article below, he's spent roughly one billion pounds (>1Billion Dollars) on Bloodstock in the past year. I just cant for the life of me see that he can continue this aggressive tactic for more than another year. Looking at it over here, The Sheikh basically owns the top 4 prospects for the 2000 Guineas - New Approach, Ravens Pass, Ibn Kaldoun and Faat Company. They are all splendid stallion prospects but all else things being equal, they are all successful, i cant see them all retiring to stud... I was just looking back at a thread i started a while back on the top 10 Godolphin horses ever, it is interesting to note that by my estimate 8 of those wouldnt be there if they had retired at 3. In the late 90s early 00's they were great for racing their top older horses through into their 4th 5th a 6th years. But I suppose therein lies the problem. Very few breeders want slowly maturing types that only really became top class as a 4 or 5 year old. http://sport.guardian.co.uk/horserac...269381,00.html |
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yeah i heard about the purchase of pyro and on this thread re: big brown.. I still think it will take some effort to match last years buying spree though.. Just thinking about this further. Darley really want to be where Coolmore have been over the past number of years. For years Coolmore were constantly criticised for retiring their horses at the end of their 3 year old career. As Coolmore's quality of stallion increased, it reached a level where it was so good, that even with champions that they had, it was in their interest to race on with them. It has worked in their favour with Dylan Thomas and High Chapparal 2 in particular that benefited from. From a breeding perspective I believe that Darley are where Coolmore were at the end of the 90s, but it will have to get to a stage where it is in their interest to race their horses past 3. With the amount of money Darley have invested though, they could reach that stage sooner rather than later.. |
Everything that Godolphin ran last Sat was "older" including Literato and Creachadoir, both nice horses. I am not sure why they buy US horses and retire them while going on with Euros they buy. Maybe it's because there are more opportunities to stick it to Coolmore while running on grass-HK, Singapore, Australia etc
I don't think that early retirements are "sporting" and agree that they are bad for the game. What I said was "sporting" was putting up $22m for one day of racing, plus bearing the cost of shipping horses and transporting of human connections all over the globe to attend. Factor in payrolls and maintainance etc how much did Saturday cost? Probably 3 or 4 times what a BC costs before worrying about purses. Oh yeah, and BC screws up everything they touch. I wouldn't trust them to ship my luggage, much less my horse! DWC staff moved horses and humans through Dubai last week efficiently. I've spoken to several who were there and other than delays because of construction, things went beautifully. I see no way to stop Sh. Mo from buying what he wants, other than for owners of horses he wants to say "no." Mrs. Valando did, IEAH did. It can happen. The man is a walking money pit, and most of it comes from real estate, NOT OIL. The price per gallon has little influence on him. His money however is very welcome through the industry. The breeder with a nice yearling, the pinhooker with a nice 2yo, the owner of a recent maiden winner- they WANT to hear that phone call come in! It is their livelihood. That call can mean a life changing moment. As FANS and/or handicappers, we are not part of this game. While our money fuels it, we're in it but NOT OF IT. Just as the main office of the Yankees doesn't ask the bleacher creatures their opinions on trades, the horseplayers are not a factor in the decision to sell horses. |
That post is just disgusting.
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I not a shill and don’t agree with everything that is done by Sheik Mo and associates, but some of the arguments put forth against him seem like a stretch and somewhat hypocritical. |
If he brings Happy Boy to America I might go MMSC for a day or three and break out pom poms.
If he decides he wants to burry him in Europe on turf though .... that will be reason # 263,845 to hate them. |
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I don't know man...
I fear they are that stupid. |
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I don't think it's fair to blame Sheik Mo (much as I would like to), because no one is forcing people to sell their horses to him, and he's pretty clear about why he's buying them (isn't Pyro continuing to race under his current silks until the end of his career? It's not like the Sheik is buying him to race him). But he offers a ton of money, so can you blame people without that much money for selling? We can complain about being unsporting all we want, but the only way anyone will pay any attention to what the fans say is if the gambling ones all stopped gambling to protest early retirement of top horses, and that's just not going to happen, because I think most serious horseplayers are gamblers first and racing fans second (which is perfectly fair). In the end, I think it will have to come down to regulation- the Jockey Club saying a horse can't breed before age 5, or limiting the number of foals (like brian mentioned) but that's not likely to happen either, because fandom is of no importance to this game. It's about the money, from top to bottom, and fans don't bring in any to an owner, breeder, or anyone directly connected to the individual horse. Sucks, to be sure, but it's not fair to blame Sheik Mo for taking advantage of a system already in place.
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I cannot see how the JC can instutute a rule limiting books. It's a restraint of trade issue.
I do find it disheartening that so few owners of racehorses care to stand them at stud. I realize that it's very expensive and risky but in many cases you are "out" pretty early with a top prospect. I was no fan of the "Slew Crew" but I sure admire their loyalty to Slew. Similarly, owners like deKwiatkowski were rewarded for their loyalty to Danzig etc. Over the decades those to horses were worth more than even the Sheikh is offering. In most cases (not all) the owners are wealthy enough that absorbing the riskswouldn't be all that hard. If they sell, they have the option to sell only a percentage. They they have Sh. Mo as a partner and he has a pretty strong broodmare band with which to support a stallion that you also own. I have no idea if Sh. Mo would work that way but other operations do. |
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I apologize if I gave too critical and strongly-worded a reply, but I'll argue that it's not 'stifling in here' on this topic. We have a very real problem in North American racing thanks to Sheik Mo, and it very well may be impossible to stem the tide. I'm curious what arguments put forth against Darley are a stretch or hypocritical? What I found difficult to justify is the notion that Mo deserves an ounce of thanks or iota of recognition for anything that constitutes noble conduct or fair play. And it isn't that I have no appreciation for the Doobies.. Mo's own brother, (Sh. Hamdam/Shadwell), operates like a gentleman and sportsman with an eye on contributing to the game on a worldwide basis and can be applauded for the way he runs his operation. It's just that we're getting way too much Mo... |
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