All of this surfaces a week after David Boydell steps down from APG. I've yet to see any explanations as to how Tim McLean was able to book-up so many yearlings without a line of credit. I suppose this will be revealed in court. How he was allowed to bid is something APG would like to keep unknown to save face with vendors. If you were to join the dots you might only need a bloody big pencil - and two dots.
And here is another $130k default purchase of McLean's. The accompanying fairy tale is a bonus from APG as a sweetener, but only for cash buyers.
https://www.harness.org.au/media-roo...?news_id=52957