Search found 2180 matches

by Horsebagger
Fri Feb 14, 2020 11:46 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Sunday race 9 at Oaklawn. 3YO Lido Legacy should/could/might be on or near the lead throughout for Lukas/Zayat. $150,000 purchase dropping to $50,000 maiden claimers after 4 failed attempts, with $11,000 in the bank. First out was on the grass at Saratoga, dismal performance going 1 1-16th. Next tw...
by Horsebagger
Fri Feb 14, 2020 10:08 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Are these trainers working for free this year? At this point might as well race the horse and try to get some bucks with winning to recoup losses. Wondering if they can withhold the payout of the purse money in such a case to the owner. @Green Dessert: as everywhere else, unfortunately it's the lit...
by Horsebagger
Thu Feb 13, 2020 11:20 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

I've got work to do, but I can't stop reading these papers. Here's where every defense they may think they have, falls apart...……. They sold Lemoona privately, then instead of removing her from the collateral list for the lender, they INCREASED HER APPRAISED VALUE on the list. That's criminal bank f...
by Horsebagger
Thu Feb 13, 2020 11:09 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

The secondary legal action naming the buyers of the collateral assets are a whole separate minefield of actions and reactions, and while I've read some online comments that Coolmore has a battery of lawyers lined up and will crush MGG, i'll tell you right now, I don't think so. A single email sugge...
by Horsebagger
Thu Feb 13, 2020 10:12 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Lots of naughty words being used in the court documents. Malfeasance, fraud, scheme. All of which are quite apparent and will be hard to contest when the defendants file their papers in response. I predict the comedy level in those papers will be high. I told you at the beginning this would turn int...
by Horsebagger
Thu Feb 06, 2020 8:57 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

https://www.bloodhorse.com/horse-racing/articles/238362/judge-rules-for-continued-receivership-in-zayat-case "...... but the judge disagreed, noting the loan agreement established between the two parties allowed for a receiver to be appointed without a hearing ." "This is not the kind of agreement ...
by Horsebagger
Thu Feb 06, 2020 8:52 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

https://www.bloodhorse.com/horse-racing/articles/238362/judge-rules-for-continued-receivership-in-zayat-case "...... but the judge disagreed, noting the loan agreement established between the two parties allowed for a receiver to be appointed without a hearing ." "This is not the kind of agreement d...
by Horsebagger
Sat Feb 01, 2020 8:30 pm
Forum: Racing
Topic: Taraz...
Replies: 26
Views: 1460

Re: Taraz...

MR-W wrote:
Sat Feb 01, 2020 8:22 pm
I sure hope they run her against the boys. She might be the one...
I'm highly skeptical.
by Horsebagger
Sat Feb 01, 2020 5:59 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Zayat Issues Statement on Maker Lawsuit https://www.bloodhorse.com/horse-racing/articles/238261/zayat-issues-statement-on-maker-lawsuit He's a flat out coward, making statements through attorneys. Someone should step-up to a microphone, apologize and face the music instead of playing the victim car...
by Horsebagger
Fri Jan 31, 2020 4:19 pm
Forum: Racing
Topic: 2020 Three-Year-Olds
Replies: 65
Views: 3971

Re: 2020 Three-Year-Olds

The Uncle Mo colt who won the 6th at Gulfstream today looks like the first maiden breaker to enter the market with the 'most likely to be bought by West Point' sign on him. Caracaro is his name. Looks to me like he's pretty talented despite being under a drive thru the stretch, but suspect these co...
by Horsebagger
Thu Jan 30, 2020 11:38 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Now Mike Maker has filed a legal complaint against Zayat for $120,000 in unpaid training fees: https://www.bloodhorse.com/horse-racing/articles/238243/maker-files-legal-complaint-against-zayat Maker was quoted as saying "Better to be closer to front of the line than the back" in regards to lawsuits...
by Horsebagger
Tue Jan 28, 2020 11:18 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

If he aggressively contests the efforts of the lenders to get repaid, the floodgates will open on the public disclosure of where all the money went, and I guarantee HE DOES NOT WANT THAT TO COME OUT. What pray tell could that be? Just your educated guess of course. He's been getting gambling lesson...
by Horsebagger
Sat Jan 25, 2020 4:22 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

This thread should come with popcorn. Or at least the popcorn.gif ... https://i.imgur.com/T6jghOC.gif I had a dream that these same contributors showed an equal amount of articulate passion while discussing handicapping the next big race, the Triple Crown etc. Like I said, just a dream. ;) Tax
by Horsebagger
Fri Jan 24, 2020 2:48 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

If he aggressively contests the efforts of the lenders to get repaid, the floodgates will open on the public disclosure of where all the money went, and I guarantee HE DOES NOT WANT THAT TO COME OUT. What pray tell could that be? Just your educated guess of course. He's been getting gambling lesson...
by Horsebagger
Fri Jan 24, 2020 1:36 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

So he sold AP for 23 millions... and shortly afterwards went to the bank to get a 25 million loan.... Even with his alleged gambling problem that makes no sense, why take out a loan if you just got 23 million bucks? And who in their right mind would give someone a loan that was already filing for b...
by Horsebagger
Fri Jan 24, 2020 12:11 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

https://www.bloodhorse.com/horse-racing/articles/238114/zayat-blindsided-by-court-action-appointing-receiver :roll: Ouch.....Receiver appointed likely as a condition of whatever loan agreement he signed to get this latest 'funding'. Generally, not good for the future for Zayat Stables, both short t...
by Horsebagger
Thu Jan 23, 2020 10:12 am
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Some thoughts... Let's not cry for the lenders who were stupid enough to get into bed with these guys again, including their degenerate head of household. They get what they deserve. Seperately, it might be a sign that the market is getting a little too frothy again? Proceed with caution, people. Bu...
by Horsebagger
Wed Jan 22, 2020 9:19 pm
Forum: Racing
Topic: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah
Replies: 100
Views: 4180

Re: Report: Zayat Sued for $23 Million, Sold Shares in American Pharoah

Man, this guy has been on the brink of bankruptcy for 10 years. I get that 1% of the owners actually make money in this sport, but how can the owner of stallions like Pioneerof the Nile, American Pharoah, Bodemeister, etc. still be living in the red. Is he still active at any of the yearling sales?...
by Horsebagger
Tue Jan 21, 2020 4:50 pm
Forum: Racing
Topic: Jockey/Trainer News - 2018
Replies: 583
Views: 91741

Re: Jockey/Trainer News - 2018

Jockey Rafael Bejarano was taken to a local hospital during the noon hour on Friday after he slipped and fell in the jockey's room shower, according to a racing official. Yikes. I suppose if you're a jockey you'd never worry about injuries occurring off the track. Didn't Randy Romero suffer a serio...