Mayfair Speculating about to stop

Sylvester
Platinum Member
Posts: 13980
Thanks: 1419

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705559

Sad end

Please Log in or Create an account to join the conversation.

Mini Tycoon
New Member
Thanks: 0

Re: Re:Mayfair Speculating about to stop

7 years 5 months ago

#705560

Over the Air wrote:

mr hawaii wrote: Is a bank the applicant?

It is - a very big one, sounds similar to this forum

It's ABSA. Why dick around.

Please Log in or Create an account to join the conversation.

Mac
Platinum Member
Posts: 12013
Thanks: 940

Re: Re:Mayfair Speculating about to stop

7 years 5 months ago

#705561

DOCTOR R wrote: Checked with a legal man - was told that the trainers will have to notify the liquidator of their intention to race Mayfair horses - all stake monies earned will go into a "trust fund". NHA have been advised.
Was also told that the trainers who are owed monies are now on their own - they will have to file file a claim for their dues.

No “presents” for jocks and trainers.

Sent from my iPhone using Tapatalk

Please Log in or Create an account to join the conversation.

Len Sham
Platinum Member
Posts: 2016
Thanks: 247

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705563

The bank wont be able to distance itself from the cost of feeding and training of the asset until supposed liquidation.. sure trainers will be notified if application is successful.

The following user(s) said Thank You: mr hawaii

Please Log in or Create an account to join the conversation.

DOCTOR R
New Member
Thanks: 0

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705565

Len will the trainers then have to fend for the upkeep of the Mayfair horses????

Please Log in or Create an account to join the conversation.

mr hawaii
Platinum Member
Posts: 20065
Thanks: 2653

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705566

DOCTOR R wrote: Len will the trainers then have to fend for the upkeep of the Mayfair horses????

the Liquidators cannot through neglect or negligence diminish the value of the assets that need to be sold -

Please Log in or Create an account to join the conversation.

Bob Brogan
Administrator
Posts: 82502
Thanks: 6456

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705567

I know a few big racing folk were spreading this round their racing whatsapp groups yesterday

Please Log in or Create an account to join the conversation.

Dave Scott
Administrator
Posts: 43867
Thanks: 3338

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705568

I certainly dont want to sound flippant as i find this sad for racing but Big Mistake would be rather ironic if it wins in the Cape today

Please Log in or Create an account to join the conversation.

Mini Tycoon
New Member
Thanks: 0

Re: Mayfair Speculating about to stop

7 years 5 months ago - 7 years 5 months ago

#705579

Dave Scott wrote: I certainly dont want to sound flippant as i find this sad for racing but Big Mistake would be rather ironic if it wins in the Cape today

Finally, a sense of humor. Of course, could be over shadowed by a Bad Attitude

Last edit: 7 years 5 months ago by Mini Tycoon.

Please Log in or Create an account to join the conversation.

vis
Premium Member
Posts: 749
Thanks: 28

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705580

Mini Tycoon wrote:

Dave Scott wrote: I certainly dont want to sound flippant as i find this sad for racing but Big Mistake would be rather ironic if it wins in the Cape today

Finally, a sense of humor. Of course, could be over shadowed by a Bad Attitude

You said it !

Please Log in or Create an account to join the conversation.

Farawaysaint
Elite Member
Posts: 1576
Thanks: 166

Re: Mayfair Speculating about to stop

7 years 5 months ago

#705582

Mini Tycoon wrote:

Dave Scott wrote: I certainly dont want to sound flippant as i find this sad for racing but Big Mistake would be rather ironic if it wins in the Cape today

Finally, a sense of humor. Of course, could be over shadowed by a Bad Attitude

Had to happen

Please Log in or Create an account to join the conversation.