Usually Alec I agree with you on almost everything, but in this case I cant say I do (sorry

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I think they have been good for racing and have ploughed a lot of money into the sport, with sponsorship, funding of vet research, employment, tv & newspaper bearing in mind Chan 4 racing would be gone without them and they own the RP, which is the only racing daily. The trouble is, Godolphin has got too big and what started off as a small select band of horses (e.g. the best Sheik M had) to run under the Godolphin banner has just expanded to two stables full of fairly average horses and with Coolmoores dominance, not only on the track but also their roster of stallions (& the Sheiks refusal to use their stallions), theyve lost out and lost their way. Its too big, the sheik has lost control and taken his eye off the ball. He was far more successful as an owner when he had his horses with the likes of Sir Henry, Micheal Stoute and so on and his breeding was small and select. Im not sure his choice of current trainers & racing manager have done him any favours. And while SBSs stable might have been cleared of drug misuse, the practice of wintering his horses in Dubai, where the use of steroids out of training is acceptable, he MUST have known what was going on. I think its a bit late for him to be furious now.
But I do think racing still needs him but I think he needs to review his overall strategy for breeding and racing and clean up his act both here and in Dubai. Until Dubai is clean, any horses that race over there and then over here will be subject to much suspicion.
I think this is also a wake up call for the BHA and their testing methods.
In a way, I think a lot of good will come out of this, but the pain in the meantime could be hard to take.