Quote Originally Posted by The Big Mile View Post
Eliteblood do you really think the impact of the NBCS will be marginal? If this is the case, then why are we bothering going down this path?



If what you are saying here is true, then the scheme has failed abysmally. The idea is to encourage breeding through NBCS credits, accumulated through a prolonged track career. Maybe this is why the credits cannot be allocated to the owner for the exact reason you mentioned.

The net benefit of the scheme is to pump an additional $2.2 million into service fees. This is where it will end up. How much of that overlaps (in terms of mares whom accumulated credits but would have been bred with anyway) well that is anyones guess and no one will ever know the actual answer, even after looking back on data, let alone looking forward.

This is maybe why credits need to be allocated to lower echelon races. This then will contradict with wanting to ensure improvement of the breed as the scheme effectively entices the quality to be diluted simply to get more foals on the ground. I can see how that is problematic.

I do feel though that to suggest there will be marginal benefit to stallion owners overall from the scheme is a bit short of the mark.
[VVV] In all seriousness TBM...if you were made aware of the nitty gritty financials behind the majority of these high profile horses & you were then asked if you wanted a piece of the action I can guarentee that it that you would run away screaming. Having been direct & indirect witness to a number of them over recent years...I'd be prepared to swear on a stack of Bibles that nobody out there other than the American syndicates are making any real money out of these Southern Hemisphere rights/shuttle deals.
That is why it is my long & very strongly held belief that the sooner the Australian Breeding Industry moves to a culture of breeding our own sires, the better off we will all be.