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07 Mar 11
23:48
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Date Joined:
09 May 05
I like his mullet.
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you just know whatever hes got hes gonna gamble till its gone,even if the **** market crashing hadnt done for him,eventually the gambling losses would have.
all the best to him now in whatever hes doing though
all the best to him now in whatever hes doing though
Thanks Screaming - I ought to have guessed it might have been Sir Mark.
One day at Newmarket on the July course in 1987, Ramsden had owned two winners.
I went up to the William Hill pitch on the rails to back my selection in a later race, in which Ramsden had the favourite. A horse which would have given him a treble.
He was at the William Hill pitch negoiating a price for his horse. The rep saw me behind him and asked Terry to step aside for a moment, as I was a very regular player.
Ramsden did so like a gentleman and when he heard the horse I wanted to back he said to me 'don't you like mine, mate?'
I said it was a bit short for me and had £50 EW on my selection at 9/2 (if memory serves me correctly). As I walked away, Ramsden wished me good luck and I replied that if my one didn't win I wanted it to at least finish in the frame (for the ew) to his. He laughed.
Anyway, the race was off and his was nowhere but my one won it - I think ridden by the ill-fated P Barnard.
As my wife and I came down off the stand, Terry called me over and said 'come and have a drink mate, I want to know how to pick winners!'.
Now, in reality, I don't think it was my horse racing knowledge he was primarily after. No, my wife in the 80's was a bit of a looker (still is if a touch older) with the big hair and shoulder pads dress etc. I think Ramsden had his eye on her a bit!
Anyway, we went with him to the owners bar. He left us with his two bodyguards while he went off to talk to his trainer about the run of his horse but when he came back we had a brilliant 40 minutes chatting, missing out the next race. He really didn't seem to know horse racing form that much but was very good company.
My wife and I had to leave because I wanted a bet in the final race (I wasn't going to leave her with him!) and I told Terry what horse I was backing in the race and of a dog I was going to back in a big final at Catford that night. Out came his mobile and I am pretty sure as I left he was backing the horse and the dog in an EW double.
The horse came third at 8/1 but the dog won at 7/2. So, he would have got his money back on the EW and at least I did not contribute to his bankruptcy!
I was always sad what happened to him later that year when the markets crashed but he was a proper fella, although clearly a bit of a chancer,
I would love to track him down and write his biography - his story would be a great read, I'm sure.
I went up to the William Hill pitch on the rails to back my selection in a later race, in which Ramsden had the favourite. A horse which would have given him a treble.
He was at the William Hill pitch negoiating a price for his horse. The rep saw me behind him and asked Terry to step aside for a moment, as I was a very regular player.
Ramsden did so like a gentleman and when he heard the horse I wanted to back he said to me 'don't you like mine, mate?'
I said it was a bit short for me and had £50 EW on my selection at 9/2 (if memory serves me correctly). As I walked away, Ramsden wished me good luck and I replied that if my one didn't win I wanted it to at least finish in the frame (for the ew) to his. He laughed.
Anyway, the race was off and his was nowhere but my one won it - I think ridden by the ill-fated P Barnard.
As my wife and I came down off the stand, Terry called me over and said 'come and have a drink mate, I want to know how to pick winners!'.
Now, in reality, I don't think it was my horse racing knowledge he was primarily after. No, my wife in the 80's was a bit of a looker (still is if a touch older) with the big hair and shoulder pads dress etc. I think Ramsden had his eye on her a bit!
Anyway, we went with him to the owners bar. He left us with his two bodyguards while he went off to talk to his trainer about the run of his horse but when he came back we had a brilliant 40 minutes chatting, missing out the next race. He really didn't seem to know horse racing form that much but was very good company.
My wife and I had to leave because I wanted a bet in the final race (I wasn't going to leave her with him!) and I told Terry what horse I was backing in the race and of a dog I was going to back in a big final at Catford that night. Out came his mobile and I am pretty sure as I left he was backing the horse and the dog in an EW double.
The horse came third at 8/1 but the dog won at 7/2. So, he would have got his money back on the EW and at least I did not contribute to his bankruptcy!
I was always sad what happened to him later that year when the markets crashed but he was a proper fella, although clearly a bit of a chancer,
I would love to track him down and write his biography - his story would be a great read, I'm sure.
https://www.craigsbettingblog.co.uk/2020/01/terry-ramsden-and-his-half-billion.html
Saturday, 18 January 2020
Terry Ramsden And His Half A Billion Mistake
Most gamblers remember Terry Ramsden.
Essex man made good. An investor and gambler. His mastery of Japanese stock saw him make millions. In fact, he became self-employed at 19 and earned £25,000 in his first month.
Clearly, he was an astute businessman. He knew his trade and made a killing. As many of you know, his weakness, if not his Achilles Heel, was his love of betting on the horses.
However, few realise that he made money gambling in those early years, giving him enough cash (with his other trading knowledge) to purchase Glen International in 1984.
It is said, his annual turnover went from £18,000 to £3.5 billion in three years and with it the accolade of being the 57th richest man in the United Kingdom. At his peak, his net worth was a staggering £150 million.
He owned houses around the world, flashy cars, expensive watches, and a media man's dream. In 1986 he bet £500,000 (£250,000 each-way) on his horse Mr. Snugfit to win the Grand National. The horse came 4th returning a cool £1 million.
All that was about to change.
In 1988, following the 1987 stock market crash, and later the Japanese market bubble bursting, Ramsden lost a staggering £58 million gambling on horse racing and suffered a capital loss of £100 million.
In 1991, he was arrested and jailed in Los Angles for six months while awaiting extradition to the United Kingdom for fraud. A claim Ramsden denied.
By 1992, he was in debt to the tune of £100 million. He was declared bankrupt and pleaded guilty in 1993 to recklessly inducing fresh investments into Glen International. He received a two year suspended sentence.
However, in 1997, he breached his Insolvency Act after it was discovered he was hiding £300,000 in assets and sentenced to almost two years in prison. He served 10 months.
His wife had left him, all the hangers-on nowhere to be seen.
Ramsden returned to his love of trading working in the private treaty market, creating a trading system that sped up trading equities transactions. The company grew to be worth £250 million.
In 2003, he was cleared by the Jockey Club to own horses again. One horse, Jake The Snake, a two-year-old purchased for 16,000 euros at the yearling sales, named after his son, won on debut at Lingfield at odds of 2/1. It was trained by Conrad Allen, but sold after the initial start as not living up to expectation.
The interesting part of Terry Ramsden's story is that he said at the time he wanted to be the first billionaire in the UK. And in a way, he wasn't so far away with his investments (if only he hadn't lost his shirt along the way). At one point he owned 30% shares in Chelsea F.C. In 2018 the club, one of the richest in the world, was worth about £2 billion pounds. If Terry had kept his investments that alone would be worth £600 million this day.
Many punters point to Ramsden for being a gambling fool. Sure, much of his betting cost him dear but that had as much to do with the stock market crash which saw millions of investors fall by the way. Ramsden never gave up, even in times when he had lost just about everything he held dear but lived to fight another day. He is someone who won and lost more money than the likes of any punter who tries to say they know better. But how many of you were ever worth £100 million?
A classic tale of rags to riches - to rags to somewhat comfortable in bank balance and his own skin.
Author: By Jason Coote
Saturday, 18 January 2020
Terry Ramsden And His Half A Billion Mistake
Most gamblers remember Terry Ramsden.
Essex man made good. An investor and gambler. His mastery of Japanese stock saw him make millions. In fact, he became self-employed at 19 and earned £25,000 in his first month.
Clearly, he was an astute businessman. He knew his trade and made a killing. As many of you know, his weakness, if not his Achilles Heel, was his love of betting on the horses.
However, few realise that he made money gambling in those early years, giving him enough cash (with his other trading knowledge) to purchase Glen International in 1984.
It is said, his annual turnover went from £18,000 to £3.5 billion in three years and with it the accolade of being the 57th richest man in the United Kingdom. At his peak, his net worth was a staggering £150 million.
He owned houses around the world, flashy cars, expensive watches, and a media man's dream. In 1986 he bet £500,000 (£250,000 each-way) on his horse Mr. Snugfit to win the Grand National. The horse came 4th returning a cool £1 million.
All that was about to change.
In 1988, following the 1987 stock market crash, and later the Japanese market bubble bursting, Ramsden lost a staggering £58 million gambling on horse racing and suffered a capital loss of £100 million.
In 1991, he was arrested and jailed in Los Angles for six months while awaiting extradition to the United Kingdom for fraud. A claim Ramsden denied.
By 1992, he was in debt to the tune of £100 million. He was declared bankrupt and pleaded guilty in 1993 to recklessly inducing fresh investments into Glen International. He received a two year suspended sentence.
However, in 1997, he breached his Insolvency Act after it was discovered he was hiding £300,000 in assets and sentenced to almost two years in prison. He served 10 months.
His wife had left him, all the hangers-on nowhere to be seen.
Ramsden returned to his love of trading working in the private treaty market, creating a trading system that sped up trading equities transactions. The company grew to be worth £250 million.
In 2003, he was cleared by the Jockey Club to own horses again. One horse, Jake The Snake, a two-year-old purchased for 16,000 euros at the yearling sales, named after his son, won on debut at Lingfield at odds of 2/1. It was trained by Conrad Allen, but sold after the initial start as not living up to expectation.
The interesting part of Terry Ramsden's story is that he said at the time he wanted to be the first billionaire in the UK. And in a way, he wasn't so far away with his investments (if only he hadn't lost his shirt along the way). At one point he owned 30% shares in Chelsea F.C. In 2018 the club, one of the richest in the world, was worth about £2 billion pounds. If Terry had kept his investments that alone would be worth £600 million this day.
Many punters point to Ramsden for being a gambling fool. Sure, much of his betting cost him dear but that had as much to do with the stock market crash which saw millions of investors fall by the way. Ramsden never gave up, even in times when he had lost just about everything he held dear but lived to fight another day. He is someone who won and lost more money than the likes of any punter who tries to say they know better. But how many of you were ever worth £100 million?
A classic tale of rags to riches - to rags to somewhat comfortable in bank balance and his own skin.
Author: By Jason Coote
At his bankruptcy hearing the judge reportedly said that he felt the banks pulling the plug a bit early was a major factor in his downfall and that they would have done better to prop him up until the markets came back - which it did by the following spring.
think a lot of us can relate to blokes like terry r and harry findlay, both come from working class backgrounds, no posh accents and public school educations they give hope to us that it is possible to get near where they have been ,who on here has not dreamed of walking up to a on course bookie with a wedge the thickness of a bible and saying "£20 grand on number 5 at 9/2 please . harry said punting is the greatest game in the world and he aint wrong .the feeling of a big win is almost unmatched , my non gambling brother in law saw me put a large bet on (large for re anyway ) it got beat and he said fook i would be gutted and have the hump for days if i had lost that money ,how long will you have the hump for ? about 30 seconds i said .
Tel added colour to the racing scene in the way Sheikh Mohammed & John Magnier never have & never will.
Two good reads there The Knight & Storm Alert 
He was a guy that whatever happened was not going to be able to hang onto his money. The Stock market crash was not his fault but he would have found some other way to lose it undoubtedly! But what a life though, dare say he could tell some tales 
He was a guy that whatever happened was not going to be able to hang onto his money. The Stock market crash was not his fault but he would have found some other way to lose it undoubtedly! But what a life though, dare say he could tell some tales
I'll second the above post...especially with The Knight's contribution - you really should indulge on here more often squire
The Druids Lodge Confederacy is right up there with Bird`s biography and Public Enemy as the worst books ever published about racing. The latter started out good then quickly became totally boring about I bet this and that etc.
I liked Terry Ramsden who always came across as a good guy but Fronter is spot on. He seemed to be on self destruct and would have lost the lot no matter what.
Terry owned the perfectly named Secret Millionaire when he came back too.
Completely agree, Birds biography and Public Enemy were rubbish (never read the other one thankfully). Public Enemy started ok but turned to garbage half way through. I got it as a Christmas present and it was so bad I chucked it in the bin; the betting diary was an affront to anyone's intelligence. i.e. I was successful because I stayed up all night studying form and recorded some of biggest wins on unraced two years olds and handicapped horses (which only looked well handicapped after subsequent exploits). As classic a case of after timing you will see even on here. 
Apr 29, 2020 -- 7:56PM, Storm Alert wrote:
Completely agree, Birds biography and Public Enemy were rubbish (never read the other one thankfully). Public Enemy started ok but turned to garbage half way through. I got it as a Christmas present and it was so bad I chucked it in the bin; the betting diary was an affront to anyone's intelligence. i.e. I was successful because I stayed up all night studying form and recorded some of biggest wins on unraced two years olds and handicapped horses (which only looked well handicapped after subsequent exploits). As classic a case of after timing you will see even on here.
Public Enemy yup I also found that one of the worst reads I've ever had. I was pleased as punch when I found it in a library, what a let down.
before bookies shut for lockdown used to see Terry in various betting shops in Blackpool, enjoyed some of his stories about his times as the biggest gambler in the world
Used an inflation calculator to see what £500,000 E/W on Mr Snugfit would be in todays money...about £1.5 Million E/W 
I've always thought the reporting of that bet was a bit suspect (no pun intended).
Mr Snugfit was installed fav when weights were announced and went off 13/2f on the day. The amount staked is often stated as £500k e/w and making a profit of £1m for finishing fourth (so ante-post price of 12/1). Different reports have the bet at £500k e/w or £250k e/w or £50k e/w (https://www.thejockeyclub.co.uk/aintree/events-tickets/grand-national/about...
Mr Snugfit was installed fav when weights were announced and went off 13/2f on the day. The amount staked is often stated as £500k e/w and making a profit of £1m for finishing fourth (so ante-post price of 12/1). Different reports have the bet at £500k e/w or £250k e/w or £50k e/w (https://www.thejockeyclub.co.uk/aintree/events-tickets/grand-national/about...
Interestingly enough, there has been a book written about Terry Ramsden and his dealings on the Japanese Warrants market. But it is in Japanese and was never released in Europe.
Also, I am so glad that the biography of Alex Bird is taking a bit of a pasting on here.
What a load of tut that book was - most of all his betting on photo-finishes.
Everyone knew who he was and yet in all that time of him making a killing on photos, not one bookie ever thought to send someone to stand right in front of him on the line, or simply bump into him when a tight finish looked likely. That would have soon stopped his 'strategy'.
Christ only knows how he got away with such a tall tale for so long!
BTW - thank you Gibberish again for your post about my ramblings. I only like to post tales of yesteryear on threads which the idiots have not hijacked! Soon, though, I will post two tales about being on the race special to Newbury from Paddington in the 1980's. One will be about a guy I met who had landed an incredible touch on the 1984 LA Olympics and the other about how I heard some people taking about a horse owned by Robert Sangster.
Also, I am so glad that the biography of Alex Bird is taking a bit of a pasting on here.
What a load of tut that book was - most of all his betting on photo-finishes.
Everyone knew who he was and yet in all that time of him making a killing on photos, not one bookie ever thought to send someone to stand right in front of him on the line, or simply bump into him when a tight finish looked likely. That would have soon stopped his 'strategy'.
Christ only knows how he got away with such a tall tale for so long!
BTW - thank you Gibberish again for your post about my ramblings. I only like to post tales of yesteryear on threads which the idiots have not hijacked! Soon, though, I will post two tales about being on the race special to Newbury from Paddington in the 1980's. One will be about a guy I met who had landed an incredible touch on the 1984 LA Olympics and the other about how I heard some people taking about a horse owned by Robert Sangster.
The knight Great reading your posts, look forward to more of your stories in the future.
@The Knight re Alex Bird. Agreed it was a rubbish book but on the subject of photos, Bird presumably was welcomed in the ring because he allowed bookies to even up their books, where needed, or to make extra bunce from betting on the photo as a new "race" (assuming Bird was not the only punter seeking a bet, which seems unlikely).
Maybe some of the older satchel swingers on here can comment.
Maybe some of the older satchel swingers on here can comment.
Ramsden -- in light of his appalling punting one has to ask whether he knew anything at all about the Japanese warrants where he made £100 million or if he was just in the right place at the right time to ride the crest of a wave he neither understood nor influenced.
id agree with that ramruma,maybe being in the right place at the right time led him falsely to believe he was a genius.
watching the link he looked pretty fragile to me,it was painful to watch really.
watching the link he looked pretty fragile to me,it was painful to watch really.
surely if he had any sense hed have salted away a decent sum offshore,he just seemed in hindsight to have wanted to lose everything.
was probably the buzz more than the money ,having had £150 million he probably thought he could never go skint and winning or losing a couple of hundred thousand on a few bets a day and the occasional win probably wernt going to make much of a dent untill the crash came .
@ TheKnight - I look forward to reading your tales from the Turf.
It's staggering to think Ladbrokes took him for 50m+. They really will take the shirt off your back if you give them the chance.
If anybody is bored Inside the Edge A Professional Blackjack Adventure.2019 is an insight to how casinos play hard ball against "Advantaged Players". It has made me rethink my betting on horses to avoid getting accounts closed and restricted.
https://regrul.com/watch/inside-the-edge-a-professional-blackjack-adventure-2019_Z7zMPNa8Qz3x6jT.html
If anybody is bored Inside the Edge A Professional Blackjack Adventure.2019 is an insight to how casinos play hard ball against "Advantaged Players". It has made me rethink my betting on horses to avoid getting accounts closed and restricted.
https://regrul.com/watch/inside-the-edge-a-professional-blackjack-adventure-2019_Z7zMPNa8Qz3x6jT.html
Here is an interview with Ken Payne`s former assistant trainer in USA. Quite interesting but if you want to go direct to comments involving Payne its approx 25 minutes in. https://www.youtube.com/watch?v=V_OExZChMC4
.... His book " The Coup " is stashed in the attic somewhere, worth a read if I recall.
Great read indeed Glasgow. They reprinted it in paperback a few years ago. I remember when he had a horse laid out at Hamilton and his car broke down. Desperate to get to the track in time he flagged down a guy who was driving past and asked him to drive to Hamilton and he would make it worthwhile. They sped up the motorway and the car packed in near the track. The horses won and he bought him a new car and a right few quid. Can`t remember the horse but wouldn`t be surprised if it was Kithairon, a regular winner at the track. He done ok for a former window cleaner.
I have got the ladder down from the attic as we speak Chav. !!
The Coup Paperback – 1 Jan. 1978
by Ken Payne (Author)
4.6 out of 5 stars 14 ratings
See all 2 formats and editions
Paperback
from £71.03
7 Used from £214.11
1 New from £71.03
by Ken Payne (Author)
4.6 out of 5 stars 14 ratings
See all 2 formats and editions
Paperback
from £71.03
7 Used from £214.11
1 New from £71.03
Used one on Ebay (Acceptable) for £18. Only one available.
Still seems a high price Mac, maybe there weren't that many printed.? I actually gave away the Vietch book to someone on here, glad to get rid in all honesty.
You make 2 fair points there,
1/ Did Ramsden understand / influence the Japanese Bond market? My understanding, and I was an IT guy in the London dealing rooms in the 1980's, was that he actually created the market in the warrants. But the word 'created' is important here. An easy analogy is to say that the Scots invented golf but the Americans made it enormously popular through knowing how to market it.
Ramsden did appear to have a flair for understanding the complex working of Japansese warrants but did he invent them? I doubt it. But he appeared to be one of the first to start trading them in the manner he did - which is not what they were primarily invented for - and his trading appeared to be the spark that launched the market into the big time. So, I think you have a point that he was in the right place and the right time, to some extent at least.
2/ As for Alex Bird's betting on photos being welcomed by the books. Purely on the result of the photo as a 'new race', I can't see that really because his level of staking on photos was probably out of proportion to most others who did the same thing.
But, it could well be that the books would only be too pleased if he steamed in on one in a photo where the one he was opposing was a big loser for them overall. I still don't really buy his photo-betting tales though.
Chavman
I have often wondered why very, very wealthy people still gamble. A good example would be Magnier and Tabor etc. I just don't see where the buzz would come from if you bet, say, £100k when you already have £150 million and more.
I do agree with you how Ramsden looked in that YouTube video.
Where he is at someone's house in the US and they are watching the screen the morning they are floating an outfit on the markets made me feel sad for him. He seemed desperate. And where he is at the track backing horses to place and then steams in and loses the lot in the last contest made him look like an absolute mug punter.
He did, though salt some away offshore and that was what earned him the jail sentence through not declaring it at his bankruptcy hearing. The sum was said to be £300k but surely he would have put aside more than that? Or, did he genuinely think he was unbeatable and end up stuffing the £300k away as a last minute thing when it all went tits up?
You can see why a 'warts and all' biography about him would be so interesting!
1/ Did Ramsden understand / influence the Japanese Bond market? My understanding, and I was an IT guy in the London dealing rooms in the 1980's, was that he actually created the market in the warrants. But the word 'created' is important here. An easy analogy is to say that the Scots invented golf but the Americans made it enormously popular through knowing how to market it.
Ramsden did appear to have a flair for understanding the complex working of Japansese warrants but did he invent them? I doubt it. But he appeared to be one of the first to start trading them in the manner he did - which is not what they were primarily invented for - and his trading appeared to be the spark that launched the market into the big time. So, I think you have a point that he was in the right place and the right time, to some extent at least.
2/ As for Alex Bird's betting on photos being welcomed by the books. Purely on the result of the photo as a 'new race', I can't see that really because his level of staking on photos was probably out of proportion to most others who did the same thing.
But, it could well be that the books would only be too pleased if he steamed in on one in a photo where the one he was opposing was a big loser for them overall. I still don't really buy his photo-betting tales though.
Chavman
I have often wondered why very, very wealthy people still gamble. A good example would be Magnier and Tabor etc. I just don't see where the buzz would come from if you bet, say, £100k when you already have £150 million and more.
I do agree with you how Ramsden looked in that YouTube video.
Where he is at someone's house in the US and they are watching the screen the morning they are floating an outfit on the markets made me feel sad for him. He seemed desperate. And where he is at the track backing horses to place and then steams in and loses the lot in the last contest made him look like an absolute mug punter.
He did, though salt some away offshore and that was what earned him the jail sentence through not declaring it at his bankruptcy hearing. The sum was said to be £300k but surely he would have put aside more than that? Or, did he genuinely think he was unbeatable and end up stuffing the £300k away as a last minute thing when it all went tits up?
You can see why a 'warts and all' biography about him would be so interesting!
.... Have got the McCoy book not read yet, will try and give it a go.
Never read it either Glasgow but 70p on amazon. When you read it, let me know if it`s worth buying. 70p is a lot today plus postage.
I sold a HB copy of the Barry Brogan Story (Mint) for £70 quid a few years back. There were not many about then, but past year or so they have been popping up regularly for about a score. Original owners probably died and family are selling them off.
.. If it's for sale at 70p I am not expecting a Blockbuster.
I only usually keep the enjoyable ones and the rest go to charity shops.
I only usually keep the enjoyable ones and the rest go to charity shops.
Mac did you ever read Peter o sullevans " calling the horses" ? I found that a good read.
Allen reports that Ramsden is back working in the financial industry and paid " around 17,000gns" for Jake The Snake.
That represents a stark contrast to his heyday, when six-figure bets were commonplace and he bought the high-class filly Katies by taking £500,000 round to her orginal owner in a carrier bag on a scooter.
https://www.standard.co.uk/sport/flamboyant-ramsden-treads-the-turf-again-6986329.html
That represents a stark contrast to his heyday, when six-figure bets were commonplace and he bought the high-class filly Katies by taking £500,000 round to her orginal owner in a carrier bag on a scooter.
https://www.standard.co.uk/sport/flamboyant-ramsden-treads-the-turf-again-6986329.html
There is very little material on the world wide web about Tel as his rise and fall happened before it was here but this is something I found from when he was riding high.
A BRASH BRITON PLAYS SHARK IN JAPANESE WATERS At 33, Terence Ramsden is attempting the first-ever hostile takeover by a Westerner of a Japanese company. The $1.4-billion target: a ball-bearing maker called Minebea. His new friend and partner: Charlie Knapp, late of Financial Corp. of America.
(FORTUNE Magazine)
By Andrew C. Brown RESEARCH ASSOCIATE Philip Mattera
December 9, 1985
(FORTUNE Magazine) – COULD THE JAPANESE stock market, second largest in the world, become the next hunting ground for corporate raiders? A brash young Briton vows to make it so. ''Japanese corporate managements believe their little club cannot be broken into,'' says Terence P. Ramsden, 33-year-old proprietor of Glen International Financial Service Co. in London. ''They're wrong, and that's what I'm about to prove.'' If he succeeds, he'll surprise a lot of people. Hostile takeovers are seldom attempted in Japan even by Japanese, and none has ever succeeded. But in mid-November Ramsden was preparing a raid on a Japanese corporation, the first ever mounted in Japan by Westerners. The target of his $1.4-billion offer -- promptly rejected -- is Minebea Co., a manufacturing conglomerate that derives its name from miniature bearings, its main product line. Minebea earned $28 million on sales of $717 million in the fiscal year that ended in September. Ramsden won't name Glen International's backers, but he numbers among them some ''very influential'' Japanese, as well as big institutions and high- rolling individuals -- American, Swiss, Arab, and German. His partner in the Minebea bid is Trafalgar Holdings, a private Los Angeles company controlled by Charles W. Knapp, 51, former chairman of Financial Corp. of America. In nine torrid years at Financial Corp., Knapp built up the largest U.S. savings and loan, then resigned last year under pressure from banking regulators after bad loans and a run by depositors led to a liquidity crunch. At Minebea, Ramsden and Knapp will be going toe to toe with another nonestablishment figure, Takami Takahashi, 56, who is best known in the West for his tough, unJapanese management style (FORTUNE, January 7, 1985). Ramsden says Takahashi attracted a raid in August by launching a hostile takeover bid for Sankyo Seiki Manufacturing, a machinery maker. That move violated the Japanese taboo against hostile bids and may deprive Takahashi of the local support he might otherwise expect in resisting a foreign attack. ''There are forces in Japan that want the system opened up, and I'm quite close to them,'' Ramsden asserts. ''They can't be seen to be opening the system for themselves, so they advise me. I'm a catalyst.'' Ramsden and Knapp say they already control 37% of Minebea. Minebea is not the only Japanese company Ramsden has in his sights. He is treating Japan to another first-ever assault from the mysterious West by filing a shareholder suit. His target is Tokyo Sanyo Electric, a consumer electronics and appliances manufacturer in which he has invested. Tokyo Sanyo, Ramsden alleges, has run up unnecessarily expensive debt and hurt the price of its shares. ''I fully intend to oust the management of this company,'' he says. Ramsden has had to do some fancy footwork simply to get into the ring for round one of a hostile takeover battle in Japan. A working-class lad from North London, Terry Ramsden left school at 16 for a succession of jobs at a half-dozen brokerage firms. After years in back offices, he became a trader in 1975, specializing in Japanese issues. Over the phone and on trips to Japan, he says, he mastered the details of the country's financial markets and learned to put together complicated transactions in Japanese securities issued in Europe. MUTUAL FRIENDS brought Ramsden and Knapp together about a year ago. ''It's a good partnership,'' Ramsden says. ''What I create, Charlie can bank.'' Knapp never lacked for innovative ideas while at Financial Corp. and claims to be working on takeover deals around the world at Trafalgar. He says he defers to Ramsden on Japan. ''Terry is a true whiz kid,'' Knapp says. ''He may be the ultimate whiz kid. Of non-Japanese investors, he's an expert, if not the expert, on Japanese securities.'' Ramsden thinks along the same lines: ''It's pretty well accepted that I'm one of the foremost experts in the market, if not the foremost.'' For all that supposed savvy, Ramsden could have passed as the foremost nonentity in the Japanese business world before the Minebea bid began to make headlines. The key to Ramsden's assault on the Japanese market is a reasonably obscure security, the detached foreign-currency-denominated equity warrant, which more than 100 Japanese companies have adopted in the past few years to sweeten offerings of fixed interest rate bonds in the Euromarket. To the bonds they attach warrants that give a purchaser the option to buy a fixed number of new shares at a fixed price for long periods, typically five years. Once the bonds are issued, investors can detach the warrants and trade them separately. The Japanese issue warrants in quantities that can add up to a larger proportion of an issuing company's capital than is common in the West. For a typical investor -- say, a West German insurance company or a British pension fund -- these warrants provide a leveraged way to play the Japanese stock market. The warrant attached to a $5,000 bond entitles the holder to buy a prescribed number of shares for $5,000 at any time during the warrant's five-year life. When newly detached from its bond, such a warrant typically has started trading at $1,000, representing a bet that those shares would rise in value by more than 20%, to more than $6,000, over the warrant's life -- not an unlikely outcome, given the buoyant Japanese equity market of the past decade. For that $1,000 warrant price, the investor gets to enjoy the same profit as someone who shelled out $5,000 for the shares themselves. A $1,000, or 20%, capital gain for the shareholder would mean a $1,000, or 100%, gain for the warrant holder. For Ramsden, warrants aren't passive investments, but vehicles for controlling big blocks of stock on the cheap. And on the quiet: warrants, like all securities in the Euromarket, trade anonymously in bearer form. Over the past two years, Ramsden says, he has piled up large warrant holdings at prices that were unrealistically low before investors began to feel comfortable with them. On occasion Ramsden's purchases have driven prices way up. ''You get the core of your holding as cheaply as possible,'' he explains. ''What you pay for the last few warrants doesn't materially affect your overall price, does it?'' By topping up his warrant holdings with convertible bonds, Ramsden says he has snared strategic stakes not just in Minebea and Tokyo Sanyo, but in several other companies. ''If everything goes my way,'' he brags, ''I could end up the first self-made English billionaire.'' To that amazing prediction, Ramsden adds the stunning claim that he already enjoys a net worth of more than (pounds)100 million (about $140 million). This bewilders many of Ramsden's acquaintances in the City, London's financial district, who remember him as a lowly clerk. Still, Ramsden puts on a convincing display of sudden wealth, from gold chains and a diamond pinky ring to houses in England and Bermuda, a stable of racehorses, a private jet, a private helicopter, and a stretched Mercedes limo bristling with telephones, a telex machine, and what Ramsden says is Britain's only mobile facsimile machine. When the weather's not good in Bermuda he may fly to Paradise Island in the Bahamas. ''I've done well,'' he says. Minebea shows no signs of being willing for him to do well at its expense. The company vows to defend itself by diluting Trafalgar and Glen's holdings with a private placement of convertible debentures and a merger with an apparel company. Minebea says that these moves will place just over half its shares in friendly hands. Ramsden says he will sue to block the transactions and hints that some of Minebea's supposed friends are as unhappy as he is with all that dilution. The tender offer he plans will win the support of those disaffected shareholders, Ramsden says. If it doesn't, he vows to mop up enough shares in the market to win control. The one other outcome he sees is the emergence of a competing bidder, to whom he would sell if the price were right. ''We win, or we win, or we win,'' Ramsden says. He seems untroubled by the possibility that Japan's Ministry of Finance could intervene to head him off. ''We've done everything by the book,'' Ramsden says. In the mind of one tenacious Briton, the age of the raider has dawned in Japan.
A BRASH BRITON PLAYS SHARK IN JAPANESE WATERS At 33, Terence Ramsden is attempting the first-ever hostile takeover by a Westerner of a Japanese company. The $1.4-billion target: a ball-bearing maker called Minebea. His new friend and partner: Charlie Knapp, late of Financial Corp. of America.
(FORTUNE Magazine)
By Andrew C. Brown RESEARCH ASSOCIATE Philip Mattera
December 9, 1985
(FORTUNE Magazine) – COULD THE JAPANESE stock market, second largest in the world, become the next hunting ground for corporate raiders? A brash young Briton vows to make it so. ''Japanese corporate managements believe their little club cannot be broken into,'' says Terence P. Ramsden, 33-year-old proprietor of Glen International Financial Service Co. in London. ''They're wrong, and that's what I'm about to prove.'' If he succeeds, he'll surprise a lot of people. Hostile takeovers are seldom attempted in Japan even by Japanese, and none has ever succeeded. But in mid-November Ramsden was preparing a raid on a Japanese corporation, the first ever mounted in Japan by Westerners. The target of his $1.4-billion offer -- promptly rejected -- is Minebea Co., a manufacturing conglomerate that derives its name from miniature bearings, its main product line. Minebea earned $28 million on sales of $717 million in the fiscal year that ended in September. Ramsden won't name Glen International's backers, but he numbers among them some ''very influential'' Japanese, as well as big institutions and high- rolling individuals -- American, Swiss, Arab, and German. His partner in the Minebea bid is Trafalgar Holdings, a private Los Angeles company controlled by Charles W. Knapp, 51, former chairman of Financial Corp. of America. In nine torrid years at Financial Corp., Knapp built up the largest U.S. savings and loan, then resigned last year under pressure from banking regulators after bad loans and a run by depositors led to a liquidity crunch. At Minebea, Ramsden and Knapp will be going toe to toe with another nonestablishment figure, Takami Takahashi, 56, who is best known in the West for his tough, unJapanese management style (FORTUNE, January 7, 1985). Ramsden says Takahashi attracted a raid in August by launching a hostile takeover bid for Sankyo Seiki Manufacturing, a machinery maker. That move violated the Japanese taboo against hostile bids and may deprive Takahashi of the local support he might otherwise expect in resisting a foreign attack. ''There are forces in Japan that want the system opened up, and I'm quite close to them,'' Ramsden asserts. ''They can't be seen to be opening the system for themselves, so they advise me. I'm a catalyst.'' Ramsden and Knapp say they already control 37% of Minebea. Minebea is not the only Japanese company Ramsden has in his sights. He is treating Japan to another first-ever assault from the mysterious West by filing a shareholder suit. His target is Tokyo Sanyo Electric, a consumer electronics and appliances manufacturer in which he has invested. Tokyo Sanyo, Ramsden alleges, has run up unnecessarily expensive debt and hurt the price of its shares. ''I fully intend to oust the management of this company,'' he says. Ramsden has had to do some fancy footwork simply to get into the ring for round one of a hostile takeover battle in Japan. A working-class lad from North London, Terry Ramsden left school at 16 for a succession of jobs at a half-dozen brokerage firms. After years in back offices, he became a trader in 1975, specializing in Japanese issues. Over the phone and on trips to Japan, he says, he mastered the details of the country's financial markets and learned to put together complicated transactions in Japanese securities issued in Europe. MUTUAL FRIENDS brought Ramsden and Knapp together about a year ago. ''It's a good partnership,'' Ramsden says. ''What I create, Charlie can bank.'' Knapp never lacked for innovative ideas while at Financial Corp. and claims to be working on takeover deals around the world at Trafalgar. He says he defers to Ramsden on Japan. ''Terry is a true whiz kid,'' Knapp says. ''He may be the ultimate whiz kid. Of non-Japanese investors, he's an expert, if not the expert, on Japanese securities.'' Ramsden thinks along the same lines: ''It's pretty well accepted that I'm one of the foremost experts in the market, if not the foremost.'' For all that supposed savvy, Ramsden could have passed as the foremost nonentity in the Japanese business world before the Minebea bid began to make headlines. The key to Ramsden's assault on the Japanese market is a reasonably obscure security, the detached foreign-currency-denominated equity warrant, which more than 100 Japanese companies have adopted in the past few years to sweeten offerings of fixed interest rate bonds in the Euromarket. To the bonds they attach warrants that give a purchaser the option to buy a fixed number of new shares at a fixed price for long periods, typically five years. Once the bonds are issued, investors can detach the warrants and trade them separately. The Japanese issue warrants in quantities that can add up to a larger proportion of an issuing company's capital than is common in the West. For a typical investor -- say, a West German insurance company or a British pension fund -- these warrants provide a leveraged way to play the Japanese stock market. The warrant attached to a $5,000 bond entitles the holder to buy a prescribed number of shares for $5,000 at any time during the warrant's five-year life. When newly detached from its bond, such a warrant typically has started trading at $1,000, representing a bet that those shares would rise in value by more than 20%, to more than $6,000, over the warrant's life -- not an unlikely outcome, given the buoyant Japanese equity market of the past decade. For that $1,000 warrant price, the investor gets to enjoy the same profit as someone who shelled out $5,000 for the shares themselves. A $1,000, or 20%, capital gain for the shareholder would mean a $1,000, or 100%, gain for the warrant holder. For Ramsden, warrants aren't passive investments, but vehicles for controlling big blocks of stock on the cheap. And on the quiet: warrants, like all securities in the Euromarket, trade anonymously in bearer form. Over the past two years, Ramsden says, he has piled up large warrant holdings at prices that were unrealistically low before investors began to feel comfortable with them. On occasion Ramsden's purchases have driven prices way up. ''You get the core of your holding as cheaply as possible,'' he explains. ''What you pay for the last few warrants doesn't materially affect your overall price, does it?'' By topping up his warrant holdings with convertible bonds, Ramsden says he has snared strategic stakes not just in Minebea and Tokyo Sanyo, but in several other companies. ''If everything goes my way,'' he brags, ''I could end up the first self-made English billionaire.'' To that amazing prediction, Ramsden adds the stunning claim that he already enjoys a net worth of more than (pounds)100 million (about $140 million). This bewilders many of Ramsden's acquaintances in the City, London's financial district, who remember him as a lowly clerk. Still, Ramsden puts on a convincing display of sudden wealth, from gold chains and a diamond pinky ring to houses in England and Bermuda, a stable of racehorses, a private jet, a private helicopter, and a stretched Mercedes limo bristling with telephones, a telex machine, and what Ramsden says is Britain's only mobile facsimile machine. When the weather's not good in Bermuda he may fly to Paradise Island in the Bahamas. ''I've done well,'' he says. Minebea shows no signs of being willing for him to do well at its expense. The company vows to defend itself by diluting Trafalgar and Glen's holdings with a private placement of convertible debentures and a merger with an apparel company. Minebea says that these moves will place just over half its shares in friendly hands. Ramsden says he will sue to block the transactions and hints that some of Minebea's supposed friends are as unhappy as he is with all that dilution. The tender offer he plans will win the support of those disaffected shareholders, Ramsden says. If it doesn't, he vows to mop up enough shares in the market to win control. The one other outcome he sees is the emergence of a competing bidder, to whom he would sell if the price were right. ''We win, or we win, or we win,'' Ramsden says. He seems untroubled by the possibility that Japan's Ministry of Finance could intervene to head him off. ''We've done everything by the book,'' Ramsden says. In the mind of one tenacious Briton, the age of the raider has dawned in Japan.
^^^ https://money.cnn.com/magazines/fortune/fortune_archive/1985/12/09/66718/ind...
@The Knight -- 2/ As for Alex Bird's betting on photos being welcomed by the books. Purely on the result of the photo as a 'new race', I can't see that really because his level of staking on photos was probably out of proportion to most others who did the same thing.
But, it could well be that the books would only be too pleased if he steamed in on one in a photo where the one he was opposing was a big loser for them overall. I still don't really buy his photo-betting tales though.
Patrick Veitch wrote that he'd been told Bird was signalled the result from the judge's box but I cannot see how that would have worked. It would not take bookies long to smell a rat if Bird had no bet for 10 or 20 minutes while the photo was developed, and then waded in with multi-grand bets a few seconds before the result was announced.
But, it could well be that the books would only be too pleased if he steamed in on one in a photo where the one he was opposing was a big loser for them overall. I still don't really buy his photo-betting tales though.
Patrick Veitch wrote that he'd been told Bird was signalled the result from the judge's box but I cannot see how that would have worked. It would not take bookies long to smell a rat if Bird had no bet for 10 or 20 minutes while the photo was developed, and then waded in with multi-grand bets a few seconds before the result was announced.
https://www.gambling.com/news/4-unforgettable-cheltenham-festival-betting-ga...
a bit about tel here and some huge gambles by him and others
glasgow,i found calling the horses by POS the best read of all the racing books ive read
A quick google told me that yank Tel was hooked up with for Japanese hostile takeovers also went bust, bankrupt & jailed.
Very hard to read that chunk of text above, but two things stood out for me:
1) Ramsden was buying share rights that offered both him and the seller a $1,000 profit (minus transaction fees and taxes, of course). But because Ramsden's profit represented 100% of his initial investment, while the seller's was only 20%, then somehow Ramsden's grand was more valuable than the seller's. I don't see that at all. All I see is bits of paper flying around, and the more they fly around the more money disappears in transaction fees and taxes.
2) These warrants were bearer bonds, so could be traded completely anonymously. You always start to get suspicious about what could be going on out of sight with that sort of thing.
Happy to be put right by anyone like The Knight, who (unlike me) actually understands these things.
1) Ramsden was buying share rights that offered both him and the seller a $1,000 profit (minus transaction fees and taxes, of course). But because Ramsden's profit represented 100% of his initial investment, while the seller's was only 20%, then somehow Ramsden's grand was more valuable than the seller's. I don't see that at all. All I see is bits of paper flying around, and the more they fly around the more money disappears in transaction fees and taxes.
2) These warrants were bearer bonds, so could be traded completely anonymously. You always start to get suspicious about what could be going on out of sight with that sort of thing.
Happy to be put right by anyone like The Knight, who (unlike me) actually understands these things.
It was arbitrage equity transactions exploiting differing prices for the same asset in Ramsden's case Japanese warrants. He gambled on a rising market and got it right. Would have been around the same time Lesson was gambling with Barings money on the Nikkei. Both nailed by market crashes. I can't help feeling they both were in the right place at the right time and then in the wrong place at the wrong time, rather than being super clever at what they did.
One of his gamlbes mentioned here:
https://www.gambling.com/news/4-unforgettable-cheltenham-festival-betting-gambles-1796400
https://www.gambling.com/news/4-unforgettable-cheltenham-festival-betting-gambles-1796400
Bird's photo betting. I've had another look at chapter two and it seems Bird only bet when the optical illusion favoured the far side and he thought the near side had got up, so he'd be backing one when almost everyone else thought the other side had won. That makes it easier to understand how he got his bets on.
On course bookies would have wised up pretty quickly and shut him down to small stakes on photo finishes. I remember seeing Ida's Delight win in a very tight photo finish at Ascot and I was perfectly positioned in a box and ran dwon to the ring to get a bet on. Even though they were betting 4/6 Ida's Delight nobody would take a £500 bet. One bookie told me I could have £500 on the other one.
glasgow - I enjoyed Calling the horses as well. The Guvnor (Noel Murless) was another enjoyable read and Steve Donoghue`s too.
Still, Nobody has answered the original question,
Where is he ?
Where is he ?
locky7
before bookies shut for lockdown used to see Terry in various betting shops in Blackpool, enjoyed some of his stories about his times as the biggest gambler in the world.
Above posted earlier in the thread.
That must be more heartbreaking than losing one`s fortune in the shares crash. I`m sure Terry would get over that, no problem, but how can anyone come to terms with swapping California, Bahamas, Bermuda, etc. for Blackpool
before bookies shut for lockdown used to see Terry in various betting shops in Blackpool, enjoyed some of his stories about his times as the biggest gambler in the world.
Above posted earlier in the thread.
That must be more heartbreaking than losing one`s fortune in the shares crash. I`m sure Terry would get over that, no problem, but how can anyone come to terms with swapping California, Bahamas, Bermuda, etc. for Blackpool
Dambuster,why do you care where Terry is,does he owe you? Like the majority who know I would not tell you for any price.He deserves some peace from the vultures who would not even ask if he was still at the top?
Having known many wreckless gamblers over the years, I came to the conclusion that they only were happy once they had blew the lot. It seemed to be a relief for them when they were skint.
I hope that Terry is well and happy in life and I hope one day he writes that book which is long overdue. He could make some real dough from the book.
I hope that Terry is well and happy in life and I hope one day he writes that book which is long overdue. He could make some real dough from the book.
I think dambuster was just being cynical Glen. Good to see you back btw.
I got that MM,was just playing devils advocate.As most know my user name is 50/50 Terry's company and Toby Tobias,so many opinions still floating around as to his character etc,mostly valid tbh but the bottom line is he is a human being with human frailties which make him no different to the average human?
Hope you and yours are ok mate..ditto dambuster and everyone else.
Hope you and yours are ok mate..ditto dambuster and everyone else.
I believe it was Ladbrokes who went public and pulled
the plug on Terry.Not content with tens of millions in
their pockets off him,they rigously persued 20 million
he still owed them.
the plug on Terry.Not content with tens of millions in
their pockets off him,they rigously persued 20 million
he still owed them.
We are all fine Glen. Thanks for asking. Were you banned mate or away on business?
I never knew that about your username until I read your earlier post when someone revived this old thread.
I never knew Mr Ramsden, but he always struck me as a good guy and a generous man. He was a great character and I wish him well and hope that he bounces back.
All the best!
I never knew that about your username until I read your earlier post when someone revived this old thread.
I never knew Mr Ramsden, but he always struck me as a good guy and a generous man. He was a great character and I wish him well and hope that he bounces back.
All the best!
gt i thought your user name was to do with glen hoddle and toby inns mate
He was just a "barrow boy" MM according to the pundits,lazy bastard types who were happy to suck on the teats,they have done it with Sir A.Sugar et al.
Their "like" I hated but there were plenty of individuals like Terry who would and could have just gone back to earning a living through hard graft,the 80s was a nightmare imo,thankfully I was still just an employee of the MOD.
Their "like" I hated but there were plenty of individuals like Terry who would and could have just gone back to earning a living through hard graft,the 80s was a nightmare imo,thankfully I was still just an employee of the MOD.
np mate, I'm well into my Friday night virtual drinking so probably over reacting
Cutter shaked his manhood and smiled at the idiots like Chavgirl on here.
He doesn't owe me and i'm not being cynicle, i'd love to meet him again, met him once and thought he was a top bloke,
would love to see him back in the game, we need more Terry's in racing.
would love to see him back in the game, we need more Terry's in racing.
Trouble is dambuster, characters like Terry and Harry Findlay not wanted by the powers that be in racing
Tbh that was true of his woes in the city too.another person would probably have been bailed out & given the office to go again.but he wasn’t their type.
Nice picture of Tel dinning out on Ben Keiths twitter acount looks well.
Iam Terry Ramsden i am a stockbroker from Enfield i have long hair and like a bet.
great times Tel the 80s and 90s great times as the song went those were the days my freind,
sad to say for a lot of us they did cant stop, going to luck after the fobts.
hope you are all well
Ronnie.
Iam Terry Ramsden i am a stockbroker from Enfield i have long hair and like a bet.
great times Tel the 80s and 90s great times as the song went those were the days my freind,
sad to say for a lot of us they did cant stop, going to luck after the fobts.
hope you are all well
Ronnie.
Fearless to the extent it was stupid , Laddies just loved him . He was everyones betting idol including mine . I hope he's enjoying life .
Last I'd heard he was doing okay punting smallish in America..
Last I'd heard he was doing okay punting smallish in America..
For anybody who is interested Rammo is on Ben Keiths betting people from tomorrow,enjoy
hope you are all well
regards
Ronnie.
hope you are all well
regards
Ronnie.
thanks ronnie will watch ! hope you are well also. good luck.
still got the mullet ,he has had the barnett since he was 18 why change it now!
Anyone else remember a TV documentary about Alex Bird aired in the 1980s? Although he did most of his volume on photos, it wasn't the be all and end all to him. Memory is vague now, I remember him being asked to select from a TV race whilst at home. If memory serves, he picked an Eddery mount (each way) at around the 9-2 mark. I think it placed, but not 100% sure - mists of time and all that...
Thanks ronnie.....great viewing. Looking forward to see what comes next.
You are on the money stark I remember it as well, his each way selection definitely placed, didn't win, that's a long time ago.
Just watched part 1 of the interview with TR. Great stuff and invokes memories of a golden age for horse racing.
It is funny how so many of us remember TR fondly when, in reality, on the horses he was an absolute plonker of a punter!
But he did his cobblers with style, and we just do not see people like him today.
As for Alex Bird, well his book and the stories about him have never rung true with me.
To start with, if he was such a legendary judge of photo=finishes, why did the bookies just have people stand in front of him again and again??? No, instead he stands there stock still with an edge over how he views the tight finishes, bets accordingly, and nobody thinks to stop him by the most simple mends going! Doesn't ring true for me.
It is funny how so many of us remember TR fondly when, in reality, on the horses he was an absolute plonker of a punter!
But he did his cobblers with style, and we just do not see people like him today.
As for Alex Bird, well his book and the stories about him have never rung true with me.
To start with, if he was such a legendary judge of photo=finishes, why did the bookies just have people stand in front of him again and again??? No, instead he stands there stock still with an edge over how he views the tight finishes, bets accordingly, and nobody thinks to stop him by the most simple mends going! Doesn't ring true for me.
Jul 21, 2021 -- 9:16AM, Stark wrote:
Anyone else remember a TV documentary about Alex Bird aired in the 1980s? Although he did most of his volume on photos, it wasn't the be all and end all to him. Memory is vague now, I remember him being asked to select from a TV race whilst at home. If memory serves, he picked an Eddery mount (each way) at around the 9-2 mark. I think it placed, but not 100% sure - mists of time and all that...
I remember it well. Think it was around 1987, give or take a year. He went on to BBC teletext to confirm the result. Think it was 2nd, and 9/2 clicks a memory cell. Remember Alex Bird saying something like 'there, it made a little profit', or some such words. Can you imagine the beeb showing that now?
When asked which he prefered, a 3 mile chase or a 5 furlong sprint, T.R. replied, " the sprint, it's a quicker death". Can't say fairer than that.
Any updates on how life is for Tel in 2024?
In mean time some old footage and chat with Tel
https://twitter.com/horsevault/status/1595104393397145600
https://twitter.com/search?q=terry%20ramsden&src=typed_query&f=top
In mean time some old footage and chat with Tel
https://twitter.com/horsevault/status/1595104393397145600
https://twitter.com/search?q=terry%20ramsden&src=typed_query&f=top
I spoke to him at the last Curragh meeting and hes doing great , mullet still in place if a little greyer...
Feb 8, 2024 -- 5:27PM, workrider wrote:
I spoke to him at the last Curragh meeting and hes doing great , mullet still in place if a little greyer...
Glad he's ok, i met him at Nottingham Greyhound derby a couple of years ago.
Nice bloke.
Jul 21, 2021 -- 11:56AM, jumper3 wrote:
Jul 21, 2021 -- 9:16AM, Stark wrote:Anyone else remember a TV documentary about Alex Bird aired in the 1980s? Although he did most of his volume on photos, it wasn't the be all and end all to him. Memory is vague now, I remember him being asked to select from a TV race whilst at home. If memory serves, he picked an Eddery mount (each way) at around the 9-2 mark. I think it placed, but not 100% sure - mists of time and all that...I remember it well. Think it was around 1987, give or take a year. He went on to BBC teletext to confirm the result. Think it was 2nd, and 9/2 clicks a memory cell. Remember Alex Bird saying something like 'there, it made a little profit', or some such words. Can you imagine the beeb showing that now?
I think that was a prog when Chris Searle (ex Thats life) was doing a job swap thingy as a bookmaker ?
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