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Originally Posted by Kasept
The deal "places his value at $50 million".. which means Three Chimneys [may have] paid just $10 million for 20%.
They paid for a percentage of the horse to secure the rights to stand him at their farm after his racing career.
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when i said 'are they basing it at 50 million' i really was asking about the press, as that's the only number they really have to go by, since three chimneys/ieah aren't really discussing details.