They sound like a bunch of used car salesmen in their approach to selling their partnership. Kind of slick - like someone that uses a lot of Brylcream.
Here's the catch - you pay your buy-in money, they buy a horse using your money. There are no bills. The trainer probably takes a 50% cut of the purses. The owners get 30% of the purses. Where does the other 20% go? To the managers? That's a HEFTY cut, in my opinion.
But, to each his own......
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