Reply With QuoteI think it's fair to say it was a lot of money they were asking for to stand the horse in the Southern Hemisphere.
im pretty sure he wont be travelling "down Under" at all - not Aust, not NZ
I think it's fair to say it was a lot of money they were asking for to stand the horse in the Southern Hemisphere.
When it was first touted I did a basic nutting of the figures...and based on the initial outlay plus the interest component either paid or foregone plus the shipping & the incidentals...at the fee they could've reasonably stood the horse for here in Oz they'd have needed somewhere upwards of 200 a season in foal & paying their fees for at least 3 seasons straight before they got themselves into the clear. He has proven himself to be an exceptional sire but that's not good business, at least the way I see it anyway.
I know things look on the up for the Big M and slots in NJ generally now, but doesn't he stand in Jersey? Its a flailing state, I thought they would have liked the extra revenue for a period where he wouldn't be doing much anyway.
Hi Flashing
They sure did want the extra revenue and i believe it was approx $6mil up front, maybe if they said $6mil over a 6 year period they might of got it. As Triple posted he would have to have at least 200 mare's infoal for 3yrs before they made a cent, not a good business decision if they take it.
Got good mail the big horse WILL be coming after all. I like all heard of the hiccups but word is a deal has been struck and Australias next super sire will be here for season 2011/2012. Could be announced as soon as next week. Exciting times cause I got one I can't wait to put under him!
Geeze, what a saga. It makes 'Gone With The Wind' look like a short story. Happy for them, regardless.
Amazing - Gtrain is right on the money. A deal is very likely now but on significantly more favourable terms to Aussie investors
More twists and turns than a rollercoaster ride at Disney Land, i hope it's true and favourable terms to Aussie investors would be a first.
Luke must have got an Answering Machine installed.
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