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There's an interesting article by Lee Mottershead in today's Racing Post about Amo's lack of success, despite the millions they have splashed out to date. The operation's total borrowings are now £109 million! Their lack of restraint in the sales ring and their scatter-gun approach do not bode well for the future. Another Phoenix Thoroughbreds?
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Rome was built in a DAY. Probably the journo has an axe to grind. The plonker would / did not write about bet restriction or account closure of recreational punters of many decades until he was pushed / sacked as editor.
What AOM could be doing wrong is buying and bidding against the big boys paying big money for their purchases. They'd have done what Wathnan Racing is doing eg buying proven horses. Maybe the two entities have differing long term objectives.
What AOM could be doing wrong is buying and bidding against the big boys paying big money for their purchases. They'd have done what Wathnan Racing is doing eg buying proven horses. Maybe the two entities have differing long term objectives.
Hope the Post doesnt want to do any features/ interviews on Ammo horses in the future if the success does come as the second word will be off.
109 million or one Elliot Anderson from one of ammo,s syndicate members,add in 80 to 100 mill for Gibbs white if the bailiffs come to the door
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