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he now owns a trout fishery in hampshire.
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he owe s the wrong people over 3 million waiting on his share s in dematco to come good ,,,,,,bang in trouble
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u think they'd let him get that far in?
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I remember that horse of his storming up the Chelters hill to win..Cloudy something or other about 1985.
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'Met' him once on Dale Street, Liverpool when he and his mate were after directions to the Ice Bar. He humoured me and my mate, both drunk, by enduring a little chat with the pair of us in the middle of the street and shaking our hands. Nice man and good luck to him.
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OFCOURSE HE DID
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SORRY THERES ... THE REPLY WAS TO KNOW ALL !!
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What was the name of tha horse? Cloudy.......?
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Terry Ramsden, the entrepreneur who made and then lost more than £150m in the 1980s, is heading back to court as he finds himself embroiled - yet again - in a legal battle involving money.
With his trademark long hair, Ramsden, the son of a post office engineer and a factory cleaner, was one of the City's most flamboyant characters in the 1980s. For many his rise and fall epitomised the era. Stockbroker Hoodless Brennan is suing Ramsden in the High Court for more than £1m - claiming that he has failed to pay them for shares they bought for him earlier this year. The legal row is just one of a number that Ramsden has become entangled in since his high-profile return to the City. The former bond trader, racehorse owner and legendary gambler - who once bet £1m on a single horse - returned to public life in 2003 with plans to launch PETS, a new securities-trading system. "I always thought I'd get a second chance, now I have and I've earned it," he said at the time. But Ramsden has since failed to recreate his success of the 1980s and has found himself at the centre of a string of rows over money. In 2005 he became embroiled in a legal battle with housebuilder Berkeley Group, after pulling out of a deal to buy a £2.5m house in Chelsea. And earlier this year former advisers, City law firm Edwin Coe, issued a writ after a dispute over unpaid fees. Both cases have now been settled out of court. But he is still involved in a legal battle with J Investments, which claims to have invested more than £1m with Ramsden between October 2003 and August 2004. The offshore investment company claims that Ramsden failed to invest the funds. And now he is being sued by Hoodless Brennan, which claims to have bought 6.3m shares in Private Trading System, a company listed on the lightly regulated Plus Market, according to a High Court writ. The writ adds that Ramsden has made only two payments, of just £26,000 and £46,000 for the shares, and almost £1.1m remains outstanding. The broker is now charging interest payments of £411.64 a day. Hoodless claim Ramsden opened a telephone dealing account with the stockbrokers on August 22 this year. The stockbroker adds that it bought the shares at his request on September 7 and 10 this year. Private Trading System is the parent of Private Treaty Market, which developed the PETS trading system invented by Ramsden. Until March 2005 Ramsden was a director of Private Treaty Market. A spokesman for Ramsden said that his client was confident of settling with both J Investments and Hoodless Brennan. "Both cases are in the hands of his solicitors," he said. Ramsden made his fortune transforming investment firm Glen International. At his peak the bond trader, who left school at 16, reportedly owned two helicopters, a Gulfstream jet, 27 cars, a dozen houses, 120 racehorses, a 30 per cent share of Chelsea Football Club and the whole of Walsall FC. But when the Japanese market collapsed in 1987, so did Glen International and Ramsden's fortune. Ladbrokes alone was owed £58m. The fall was swift and spectacular - Glen International is said to have sustained losses of £147m in a catastrophic 41-day period. Having failed to save Glen International, Ramsden fled to the US. He later spent six months in prison in Los Angeles fighting extradition after being arrested at the request of the Serious Fraud Office. Declared bankrupt in 1992 with debts of £100m he was given a two-year suspended sentence for fraud. He was jailed in 1998 for concealing money from creditors which he used to buy a house for his estranged wife and son. |
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Met him in Ireland a few times a couple of year back, over for some sort of art exhibitions, use to come into the local bookies and do all sorts of combinations on dog racing.
Nice guy. but he was your proverbial mug punter. A working class guy that got rich too quick, who wanted more..? |
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zodiac, eat that matey
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he lived here for several years.
about 2 miles up the road from me, i oversaw/managed a couple of jobs on the property. spent several hours talking with him in his office/study, had a few boxes out the back, and a couple of craking stable lasses. |
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Did he have a mullet Manxy?
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so, basically a degen gambler and tuck up merchant
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he plenty of money it was the early 80s, asked me to arrange for the garden grass to be cut, the garden was basically 2 fields, i said a guy i knew would do it £80, i got a farmer to do it and he kept the silage, i pocketed the the 80 sovs.
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fo those who want to know were he is now
try puerto colon , tenerife |
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hard to remember now angel, i have a mental image tho of a tallish bloke black hair.
it was just another job that i put a team together on a couple of times, one was an extension, one was a full painting job inside and out, and digging a decent size pond out the back of the stables, he stocked it with trout, and enjoyed hand feeding them. |
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KNOW ALLS EXERPT FROM THE BEANO
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He's a midget
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adge if that turns out to be true you may get a nice drink
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he was lik a hermit in his study, curtains drawn, like he was a vampire, never came out of it.
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zodiac are you saying it aint true, which part aint true come on lets have it, no use throwing the odd snide remark, cough up man
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Angel Gabriel - not sure about a Ramsden horse called Cloud something storming
up the hill at Cheltenham in 85, but I do recall a massive punt being landed at 86 festival with Mick Ryan trained, Terry Ramsden owned Motivator, in what was then the Coral Golden Final (now the Pertemps I think?) Pretty sure the horse was backed down to favourite, and may have been ridden by Graham McCourt, tho' don't quote me on that bit ![]() ![]() |
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how many wives has he had, and kids, must be a fair bit of age on him now.
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The horse you are probably thinking of might be Solar Cloud,won the Triumph in 86.I first met Terry in 1981 at a "do" in Essex,surrounded by traders from the City.Not once did he talk business,all football and racing.He rode the Japanese markets and fell off when they crashed,too many eggs in the one basket.Like his gambling,all in.Glen International were massive and thanks to him I made my first stock market investments and a small fortune.
Kept in touch sporadically,as i was overseas for most of the mid/late 80s lost touch.Shocked when I heard about GI crashing,contrary to some speculation his gambling had nothing to do with it.Even the £58 million he lost to laddies would only have dented the company.His passions were football and racing and he indulged to the fullest extent. He may have a criminal record but he is no crook,he got done for concealing money which was for his ex wife and kids,not many gamblers would do that,he did. He thought it was ironic that Wallsal were nicknamed the Saddlers .A thoroughly good man whom I havent been in touch with for over 20 years but I doubt he has changed.The moniker glentoby was coined from Glen International and Toby Tobias. ![]() |
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t he used to own a classy filly called katies won at royal ascot and an irish classic if memory serves,saw him in a then mecca shop in london bridge backing in £100s a time in the 80s seemed a decent bloke
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'and is now being sued by Hoodless Brennan' that can't be good!
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I recall seeing him interviewed on the beeb prior to a Grand National. I think he would have cleaned up on the 'Spring Double' if a certain horse had won.
Sadly, he is just one of a number of 'shooting stars' whose light is quickly extinguished by the forces of gravity and celebrity. Which reminds me, has anyone heard from Tracksuit Day V Lately please? |
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In his hey day he was asked which did he prefer, the flat or the jumps? He said he preferred the flat, "as it was a quicker death."
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being pursued by Hoodless Brennan is worse imo
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yes motivator was ridden by g mccourt think it was 9/1 fav hosed up.
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Glentoby - I did think of Solar Cloud when Angel Gabriel referred
to Cloud something, but dismissed it as I was certain Terrry Ramsden did not own it However, my memory has played a few tricksin recent days with 80's horses, trainers and owners, so I may be wrong ![]() As a footnote, did David Nicholson not go nearly 20 years in search of his first winner as a trainer at the Festival, until Solar Cloud won the Triumph ![]() |
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Young Snugfit was the horse needed for the spring double,
finished 4th in the end. |
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There's a hoss that cost me plenty, timeless...
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MR SNUGFIT was the horse he bought it after it finished2nd the previous year.
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Yes that was it Solar Cloud. I thought he owned it. I was only 15 and it was one of those memories which is branded but maybe he didnt own it.
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Amazing how memories play tricks as on the RP site it doesnt have Solar Cloud down as a Ramsden horse, must have been similar colours.
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Solar Cloud was Light blue with dark blue crossbelts I think. I'm pretty sure he had no connection, but happy to be proved wrong. Maybe he had a "tenner ew" on it
, and the beeb made a big play of it.Remember him walking around Aintree before 86 national with a bodyguard who was at least 30 stone. Could prob be doing with him now. Last horse I can remember of his was Royal Atalza which ran in 04 National and 05 Topham. He got interviwed before that Topham and was making promises of big donations to charity if RA came in. Think that one also ran on the all weather. To be fair, I thought he always came across ok. |
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AG - Ann McEwen listed as owner of Solar Cloud. From memory (not to be trusted!) my recollection
of Scudamore on the horse winning the Triumph, is a blue and grey colour combo ![]() |