WOULD YOU BUY A MAYFAIR HORSE RIGHT NOW?

Let's play Devil's Advocate here.

We can only assume that all kinds of repercussions will follow this Steinhoff disaster, and along the way, the horses, being one of Mr Jooste's assets, may come under scrutiny.

If, shall we say, there comes a time, when these assets are required to be sol to recoup some funds, who is to say that any sale of assets, will be considered by the liquidators / administrators, or whatever body will be in charge, as a fair price?

That then leads us to 2 scenarios; 1) Horses are all sold on paper to third parties at nominal prices. Change of Ownership's are registered with NHRA, and the horses are no longer Mayfair / Jooste's property, then life goes on. Same fleas, different dog.
2) The NHRA believe that the sale of the horses could, as a result of investigations, bring the Industry "Into Disrepute" and refuse to action the change of ownership. Mayfair can't run them, and the new owner can't run them. The NHRA has the ownership documents.

Was there not a similar situation with Adriaan van Vuuren's horses?
Interesting thoughts. Interesting times.

What are the views of fellow Clanners?

The purchasing of horses if done transparently ie. auction is acceptable.

What would not be acceptable would be purchasing horses for cash with no paper trail or paying into the Generals or the Pied Pipers bank accounts or God forbid their wifes.

My point, precisely.
The horses that they want to keep, will be sold for cash.

I dont think Mayfair will stay in racing.

similar to Beck sale. The price of horses will be realistic.

whether other owners can absorb all these horses will be interesting to see.

Klavervlei if sold would be more likely a deal done with Liquidators or such.

Let's see if 'these little piggies ALL go to market" or some end up in a friendly field for R100.00.