Quote:
Originally Posted by Cannon Shell
I just dont see why these guys want to get into the breeding business now, especially with such a questionable horse. They may have gotten a lot of money for 1/2 but it isnt nearly enough to pay for the amount of mares and upkeep they will need to properly support him. At $35-40 per day, having 35-50 mares adds up quick.
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If the guy has
300 horses at 60 a day it cost him 18k a day, call it 20k. That is 140k a week or 7 mil a year... AND? Let's go further lets say he spends another 3 mil on vets 1 mil on travel and another 3 mil on "what the FCUK" That is 14 mil all in.. let's say he earns 3 to 5 mil in purses.. Worst case he is in for what 11mil... BUT the guy is going to spend another 5 to 8 mil on new stock each year.. so it could cost him 16 to 19 mil a year TOPS.. If you have income of 25mil a year and a net worth of a bil I guess you are still firing up the G5? Now if the guy hits with a big colt, a really big colt he could earn 100 mil easy. I have a feeling Mr Zayat's horses nor his family will be starving anytime soon. There is a lot of money in Coke, just ask Arroyo..lol