Quote:
Originally Posted by NoChanceToDance
Coolmore play the game by paying lots for offspring of their own stallions to make them look more popular and it has worked so far, so it seems. They paid 1,400,000 euros for a son of Galileo in France the other day. Darley seem to forget about their current stallions.
|
So they should artificially create a market by buying up horses sired by their stallions, many of which they already own? (in effect buying their own horses)
That is what pissed off the arabs in the first place and you seem to think that this fraudelent practice is a good thing. You can call it playing the game or whatever but when your premier US stallion's(Giants Causeway) yearling averages have dropped from $222,100(2006) to $79,914 (2007)in one year and the medians dropped from $120000 to $61000, I would say that what they are doing may be having an effect.
If you think that Coolmore is going to come out ahead in this matter than be my guest. But I'm thinking that the biggest buyer in the world not buying your product is going to hurt you. The trickledown effect apparantly is already occuring and if you think that Demi O'Byrne spending more of Coolmore's money is going to trick US buyers or breeders, you are sadly mistaken. The handwriting is on the wall.