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  #1  
Old 04-01-2008, 09:44 AM
SniperSB23 SniperSB23 is offline
Hialeah Park
 
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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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  #2  
Old 04-01-2008, 09:48 AM
Scav Scav is offline
Saratoga
 
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Quote:
Originally Posted by SniperSB23
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.
I agree with this. But the point to made that the BREEDING INDUSTRY has caused this. Not just these four jerkoffs

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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  #3  
Old 04-01-2008, 09:54 AM
SniperSB23 SniperSB23 is offline
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Quote:
Originally Posted by Scav
I agree with this. But the point to made that the BREEDING INDUSTRY has caused this. Not just these four jerkoffs

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
As much as we'd like to believe that there will be some magical source of money that comes in and boosts the purses it just isn't going to happen. The only way the racing/breeding scale evens out is if the breeding bubble bursts. That won't happen until Shiekh Mo decides to stop spending money in the US. He has the finances to singlehandedly keep the bubble afloat and is getting some help from the previously mentioned other three groups.
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  #4  
Old 04-01-2008, 10:03 AM
Scav Scav is offline
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Quote:
Originally Posted by SniperSB23
As much as we'd like to believe that there will be some magical source of money that comes in and boosts the purses it just isn't going to happen. The only way the racing/breeding scale evens out is if the breeding bubble bursts. That won't happen until Shiekh Mo decides to stop spending money in the US. He has the finances to singlehandedly keep the bubble afloat and is getting some help from the previously mentioned other three groups.
I would really have to study the industry to come up with some ideas, but I can tell you right now, one of them would be to continue the consolidation from all sides. Just by looking at it, this industry wastes SO MUCH MONEY. Look at the ADW landscape, at the most, you need 2 of them, so there isn't a monopoly, but you have 4 majors, plus some fringe. These companies run at RAZOR thin margins, now if they consolidated, to two companies, maybe Twin Spires and TVG, margins would increase, thus you can be more competitive.

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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  #5  
Old 04-01-2008, 10:11 AM
SniperSB23 SniperSB23 is offline
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Quote:
Originally Posted by Scav
I would really have to study the industry to come up with some ideas, but I can tell you right now, one of them would be to continue the consolidation from all sides. Just by looking at it, this industry wastes SO MUCH MONEY. Look at the ADW landscape, at the most, you need 2 of them, so there isn't a monopoly, but you have 4 majors, plus some fringe. These companies run at RAZOR thin margins, now if they consolidated, to two companies, maybe Twin Spires and TVG, margins would increase, thus you can be more competitive.

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.
Well if you wanted to make me the czar of racing I'd just limit the stallion books by age. If you stood a 3yo his book would be limited to 20 mares. If you stood a 4yo his book would be limited to 60 mares. A 5yo could cover 100 and then 6yos and up would be unlimited. Would provide less incentive to retire a sound horse early.
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  #6  
Old 04-01-2008, 10:27 AM
Scav Scav is offline
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Quote:
Originally Posted by SniperSB23
Well if you wanted to make me the czar of racing I'd just limit the stallion books by age. If you stood a 3yo his book would be limited to 20 mares. If you stood a 4yo his book would be limited to 60 mares. A 5yo could cover 100 and then 6yos and up would be unlimited. Would provide less incentive to retire a sound horse early.
a great idea, but will never happen, until horse racing is run like the NFL, and the breeding industry is run like college football.

These morons can't even get medication rules to be the same
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