Owners into UK Horse Racing now

[Babylon]

1 hour ago, GaelicFox said:

They haven't got a racing yard  

 

breeding ? most are gelded or will be .. none will ever be a stallion ... ever 

 

for once Babylon it's a subject you know little about and that's not me being patronising that's just looking at your answers 

 

long term I'll wager these horses will all be sold over next 2-3 years and they will recoup 5-10% of the outlay maybe less 

 

they really have made a shocking start to racing .. and that will hurt they have spent 5m im told and won £25,000  and virtually devalued every horse 

 

they need a better bloodstock advisor 

 

and they need a better Director of Football 

 

there is a direct link here  

St Albans answered your points. You are correct it's not my area really, but I can read and the articles around their purchases put all your points to bed if you'd read them.

Edited 24 June 2017 by Babylon

[drofmor55]

Only a fool would go into racehorse ownership expecting to make a profit...its a hobby albeit an expensive one and therefore you would expect to pay to enjoy it.

Judging by the tough  decisions they have made so far as owners of Leicester City ( sacking of Raneiri etc) i think they are far from being fools,

 

Most horserace trainers would want to keep them as owners longterm, so it would not be in thier interests to "rip them off". Would expect them to move the horses into one stable .with someone they trust  ...Andrew Balding ?

 

Agree that buying horses with entries  just before Royal Ascot is probably not a cost effective way to buy them but 2 million to them is hardly a life changing amount !

[mozartfox]

Their latest buy.  Will be running at Aintree next year

[lildave3]

Tisbutadream just won at Sandown.

[Matt]

And we have a winner!

 

Tisbutadream!

 

3.00 @ Sandown.

 

Leicester City and King Power just got a pretty big mention on ITV Racing aswell!

Edited 8 July 2017 by Matt

[fleshdaddy]

gew on then! had a few quid e/w on tisbutadream too. happy days!

[ScouseFox]

pretty big gamble too, wonder how much of that was top's money. 

 

great effort all round from ITV racing to simply call him "mr king power" instead of trying to pronounce his name. 

[rn9013]

14 minutes ago, ScouseFox said:

pretty big gamble too, wonder how much of that was top's money. 

 

great effort all round from ITV racing to simply call him "mr king power" instead of trying to pronounce his name. 

One of the commentators simply said "I'll call them the owners of Leicester city because  I can't do the full name" or words to that effect. Brilliant. 

 

Leicester city and the king power group got quite a big mention though. Seems king power are becoming synonymous with LCFC 

[Nickfosse]

23 minutes ago, Matt said:

And we have a winner!

 

Tisbutadream!

 

3.00 @ Sandown.

 

Leicester City and King Power just got a pretty big mention on ITV Racing aswell!

More great work from Rudkin this week. The man's on a roll???

[cityfanlee23]

The owners had a listed winner at Sandown today on Coral Eclipse day.
They have said they want to be a massive force in horse racing, they are building interests in just about everything!

 

Great to see David Elsworth training a winner for them too, I worked as an asset manager to a very successful businessman in my hometown of Newmarket and had shares in a few horses with David. 
https://www.racingpost.com/results/54/sandown/2017-07-08/678333

[st albans fox]

as I muttered after ascot, some interesting purchases and now they have a potential broodmare. No doubt they will want to get her covered by a decent stallion in around 18 months time after trying to get her some more black type as a 4-y-o

 

 

[cityfanlee23]

5 minutes ago, st albans fox said:

as I muttered after ascot, some interesting purchases and now they have a potential broodmare. No doubt they will want to get her covered by a decent stallion in around 18 months time after trying to get her some more black type as a 4-y-o

 

 

Agree, they have an entry at Newmarket on the 13th, I'm going so will see if they attend, see if I can catch a brief conversation if I see them in the owners&trainers bar. 

[Bayfox]

400k purchase.

Winnings £20983 may need a few more wins

 

But i bet it gave them some enjoyment. I guess it's a buzz. I love to have a winner so i guess when you are loaded owning the horse is the way to get a similar feeling.

[Tuna]

Just now, Bayfox said:

400k purchase.

Winnings £20983 may need a few more wins

 

But i bet it gave them some enjoyment. I guess it's a buzz. I love to have a winner so i guess when you are loaded owning the horse is the way to get a similar feeling.

A Mahrez then!

[Bayfox]

6 minutes ago, Tuna said:

A Mahrez then!

So will they demand 50 million for it next summer.

[dynamark]

Not a great return so far - boys and toys

[st albans fox]

14 minutes ago, Bayfox said:

400k purchase.

Winnings £20983 may need a few more wins

 

But i bet it gave them some enjoyment. I guess it's a buzz. I love to have a winner so i guess when you are loaded owning the horse is the way to get a similar feeling.

As you probably realise, you don't generally make money from racing a horse. You make money from breeding. A productive stallion can earn you a fortune and a good broodmare gives you a good chance of breeding a colt who can become a stallion. 

 

Its a a long term investment 

[Tuna]

11 minutes ago, Bayfox said:

So will they demand 50 million for it next summer.

Only if it demands more hay and a bigger stable first!

[dynamark]

Ladies day at Leicester races today lads . Theres a few going to be rather worse for wear on the town tonight.Take your pick.

Tried to explain each way betting to my daughter Stephen Hawking would struggle.

[Webbo]

Gets a mention in The Spectator.

 

Horse racing’s big spenders haven’t been spooked by Brexit
Leicester City’s Thai owner is aiming to replicate his Premier League success on the racing track
 
SPORT
Camilla Swift
13 Jul 2017
READ ON
 
Why the Epsom Derby Festival is the highlight of the racing year
Camilla Swift
For most of us – myself included – the word ‘Ascot’ tends to be synonymous with the Royal Ascot meeting in June. But that’s far from all that Ascot has to offer. It’s easy to forget that the course has meetings all year round and that some of them – including the King George weekend at the end of July, and Champions Day in October – also offer fantastic racing. It might not have quite the same cachet or fame as the royal meeting, but the King George is still one of the country’s most prestigious flat races, and with a stonking great prize fund to boot.

I suppose it’s a good thing that the major races have such large prize pots (although a shame that some of this doesn’t filter down to the lower levels of racing) – especially when you consider the amount that some owners invest in their horses. On the eve of Royal Ascot, the thoroughbred auction house Goffs hold an annual sale at Kensington Palace. This isn’t just any sale, though. 19 out of the 20 horses in training that were in this year’s auction held entries at that week’s royal meeting; if you want to own a Royal Ascot runner, this is the place to be. Since the Goffs sale began in 2014 it has achieved the highest average price in the UK for a thoroughbred auction – this year, that average was £377,083 – up 26% on last year. Whatever else people have to say about Brexit, it certainly didn’t seem to put off these big spenders.

Why does the Goffs sale attract such high prices? Well, the obvious answer is that it’s an easy way of achieving the prestige and excitement of having a Royal Ascot runner. No worries in the run-up to Ascot week about your horse going lame or being balloted out. Simply put down the cash on the Monday night and – unless something goes terribly wrong – that new purchase will run in your name and colours in whichever Ascot race it was already scheduled to run in.

One new investor who turned heads was Vichai Srivaddhanaprabha, the Thai owner of Leicester City who famously pumped millions into the football club after buying it in 2010, and was rewarded by seeing them win the Premier League last year. Horses aren’t a new passion for him, though. Srivaddhanaprabha has his own polo club in Bangkok and a high goal polo team in the UK, which doesn’t come cheap. Last year his team King Power Foxes won the Gold Cup – probably the UK’s most prestigious polo tournament – for the second year running, with his son Tal forming part of the team. They’re having a go at making it three years on the trot this year, after reaching the subsidiary finals of the Cartier Queen’s Cup earlier this year. Do the Goffs purchases mean that the King Power name is likely to become a frequent sight at racecourses as well?

…

A couple of weeks ago, I headed down to Goodwood for the last of their ‘Three Friday Nights’ evening meetings. I hadn’t been racing at Goodwood since I rode there in the ladies’ charity race, the Magnolia Cup, at last year’s Qatar Goodwood Festival. But the moment I saw the parade ring, the memories all came flooding back and I felt sick with nerves.

Looking down the green expanse of straight – which I’ll be racing up again on August 3 – was even worse. I’ve been to plenty of racecourses since last year’s Glorious Goodwood, and watched dozens of races – including charity ones like mine. But it would appear that Goodwood racecourse has become my ‘trigger’.

In a way, last year’s Magnolia Cup preparations seemed easier than this year’s. I knew that I had to pass my fitness and riding test at the British Racing School, so that gave me a target to aim for. I started riding out at the beginning of April 2016, specifically to prepare for the race. This year, my only target is August 3, and I’ve been riding out three times a week since April of last year. I might be more prepared than I was last year – but if I am, it certainly doesn’t feel like it. Perhaps most worryingly, it’s now just over three weeks until my charity race. I suppose all I can do now is keep up my training, and cross all of my 

 

 

https://life.spectator.co.uk/2017/07/horse-racings-big-spenders-havent-been-spooked-by-brexit/

[Bayfox]

Nah you lost me when they suggested ascot is better than Cheltenham. 

 

Jumps >>>>>>>>>>>>>flat.

[ealingfox]

I seen Beat the Bank won at Newmarket with Crowley on board earlier - that's one of theirs isn't it?

 

[Guest Kopfkino]

Beat the Bank won impressively in a weakened Group 3 at Goodwood just.

[jammie82uk]

3 minutes ago, KingGTF said:

Beat the Bank won impressively in a weakened Group 3 at Goodwood just.

Yeah Certainly was an impressive turn of foot on unfavorable ground 

[SouthStandUpperTier]

So they're having a bit of success then? I was expecting the King Power shops to be stocking glue and 'beef' lasagnas by now.