LIVE: JRHA Select Sale 2016 at Northern Horse Park

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mariasmon
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Joined: Fri Sep 13, 2013 9:38 am

Wed Jul 13, 2016 5:06 pm

Starspangled wrote:The funny thing is, Coolmore actually sold the dam to Japan, in foal to Frankel
Had they been able to get him, it wouldn't have been the first time they bought the offspring of a mare they'd sold. They've also occasionally bought 2YOs that they'd previously sold as yearlings or weanlings.
Starspangled
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Joined: Fri Jul 24, 2015 8:36 am

Wed Jul 13, 2016 6:55 pm

Sometimes they sell without really selling !
They sell through one Coolmore entity to another Coolmore entity or stud farm they have an association with, then buy back the next year. It's a way of advertising their stallions and getting a big sale price on the horse's CV.
carole
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Joined: Sun Sep 15, 2013 4:57 pm

Wed Jul 13, 2016 7:30 pm

Starspangled wrote:Sometimes they sell without really selling !
They sell through one Coolmore entity to another Coolmore entity or stud farm they have an association with, then buy back the next year. It's a way of advertising their stallions and getting a big sale price on the horse's CV.
Wow! I didn't know they did that! :shock: That's pretty shady...
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mariasmon
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Joined: Fri Sep 13, 2013 9:38 am

Wed Jul 13, 2016 7:39 pm

carole wrote:
Starspangled wrote:Sometimes they sell without really selling !
They sell through one Coolmore entity to another Coolmore entity or stud farm they have an association with, then buy back the next year. It's a way of advertising their stallions and getting a big sale price on the horse's CV.
Wow! I didn't know they did that! :shock: That's pretty shady...
They're certainly not the only ones who do it. It's not unusual to run a horse through the ring and have your agent or trainer buy it back, but it shows up like a normal sale.
Mel Mae
Posts: 249
Joined: Wed Mar 30, 2016 1:24 pm

Wed Jul 13, 2016 7:50 pm

Heck, Zayat did it with Pharoah. If it's "sold" and not an RNA, it helps a stallion's sale's average. Coolmore definitely hasn't cornered the market on that.
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Northport
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Location: probably near the food

Thu Jul 14, 2016 10:12 pm

Starspangled wrote:Sometimes they sell without really selling !
They sell through one Coolmore entity to another Coolmore entity or stud farm they have an association with, then buy back the next year. It's a way of advertising their stallions and getting a big sale price on the horse's CV.
Yeah, it can be hard to keep track of sometimes because they have dozens - maybe hundreds? - of different syndicates that they list as breeders. But if you see Coolmore purchasing a yearling/weanling/2 y/o that was bred by Orpendale, Chelston, Wynatt, Southern Bloodstock, or "Broodmare name here" Syndicate, etc. then Coolmore owned the horse to begin with.
weeeeeeeee
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mariasmon
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Thu Jul 14, 2016 10:39 pm

My favorite Coolmore alias is Stamar, Zaki & Meditol. That's the ownership listed for Turbulent Descent.
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