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I was very surprised at the time about the low amount he paid for these horses.If you want a good return for your money then you need to buy better horses.
He obviously wasnt taking it seriously.I love my racing and if I had his money I would be spending it on better horses.Not necessarily.
Richard Hannon generally operated in around the price range Pippy was bought during his career and was not one to pay big money.
Olympic Glory cost him just £5000 more than Pippy at £65,000. Toronado was also cheaper at £55,000 and Paco Boy cost £21,000. Sky Lantern came in at £75,000. Toormore, Montiridge, Trumpet Major and Producer were all cheaper than Pippy.
Biggest price tag does not always mean the best horse. Need I mention The Green Monkey who cost $16,000,000 dollars and was useless.
When you start paying big prices for unraced horses, you are buying into breeding and the potential stud prospects should it be successful. Plenty of people good at getting value for money by not paying an excessive price, unfortunately for Rooney this didn’t happen on this occasion.
Agree with your post. Most, but not all, of Hannon’s were bought by the Doyles for £30- 50k or thereabouts. They bought gems by relatively unfashionable stallions e.g. Canford Cliffs (Tagula), Paco Boy (Desert Style) and Trumpet Major (Arakan). Given the numbers bought, there were also a fair share of duds, some by these same stallions. Owners were either lucky or not.Things will change a bit at Hannon’s with Maktoum and Joann on board.
Rooney has discovered that given the state of UK prize money, owners are racing for rosettes as Hannon snr put it. The bills will come in, with little or no return. I’m sure Michael Owen recommended the trainer but he would be down my list.
Sad to see the number of petty, vindictive and small minded posters glorifying in him discovering this.
People are entitled to their opinion Lingfield and if people wasnt to criticise him then let it be so.If we all had the same opinion on everything then what a boring world it would be.
He should have started as a member of a syndicate.A small investment in a couple of horses and a shared risk.That is how Alex does it.
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