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#1
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The deal with Aldeb and Rampillion is a closed end deal vis a via the contract that we have. Because of accounting issues we would only like to do one final distribution when Aldeb is either claimed or sold (Or we may do an end of the year distribution if we still have Aldeb). We have also accrued some unfortunate but costly expenses with Aldebutante and her surgery and related care which has cut into the revenues generated by the girls earnings which are further diminished when the 50% of the trainers cut is taken away along with the jockeys fees and %'s. Quite frankly we felt as though the partners may be more interested in rolling over the amount left into another horse as opposed to simply waiting for the final disbursement especially since there are no training expenses as with all the partnerships. If that isn't what you guys want to do then that is fine with us. We wont make this a majority decision simply because the terms are clear but if everyone agreed to do something else we would be game. Since there are already a few partners that have expressed no desire to get another horse we will keep campaigning Aldebutante and keep the funds on acct.
Sumwonlovesyou is an entirely different situation. |
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#2
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I kinda assumed since there were two horses in this partnership we wouldn't do anything until both horses were done racing for us. I'd much prefer we use any available money to get another horse to waiting until Aldebutante is claimed or retired (by which point we could have used up any Rampillion money anyways).
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#3
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I am all for more horses. That is why we got in to this in the first place, to watch "our' horses run. None of us got into this for the money.
Paul |
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#4
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Leaving the $ on account until Aldeb is..... or using the $ to aquire another runner, either one works for me. New money coming in at this point in the contract would be where it would get fuzzy for me. This SWLY thing must be very complicated.
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#5
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#6
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Thanks Riot,
I agree with you. Thanks for keeping the cyber check on her. I had some friends that bred a horse and ran him around 10 times before he got claimed. This was before we had all this great computer/internet resourses to follow the horses. They followed him by paper (DRF postings) until they saw a two month gap from his last start. Found him, bought him back and someone rehabilitated his sore ankle that stoped him from racing and made him into a nice hunter. Our responsibilty, no matter how much success they have had as a racer does not end after the last start. Great to be a Dee Tee member. |
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#7
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So if she is entered for $10K or less next out could we claim her right back?
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#8
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She's got to run for 25% more in claiming price for the next 30 days. If she runs back in a claimer within 30 days, she'll have to run for $12.5k, or more, plus 6% sales tax.
Do you suggest to claim her back for $13250? Did you also happen to notice that the race before hers on Sunday was a $4k claimer for nw3 lifetime and, taking liberties in extrapolating out fractions for comparison, the winner of that race ran a faster 6.5f time than Rampy's final time? So, let's say she is running for $12.5k nw2 claiming next time and you claim her. She wins the race so then her next race is a nw3 lifetime. What level do you run her at if she wouldn't have won for $C4k nw3 on Sunday? One other thing to remember about claiming at Charles Town, the horse is in jail for 60 days after the claim and has to be raced at Charles Town for that period of time. Last edited by phystech : 07-29-2009 at 02:34 PM. |
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#9
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#10
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