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Ambers Echo said:
Just to add I don’t blame Milly for doing whatever she can to keep him. I just hope it’s not by crowdfunding to allow sellers to cash in. It’s a real shame she didn’t have a profit share agreement in place.
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Yes it sort of feels like the right answer would be a change of approach from the seller. Especially if the horse is starting to feel his hocks.

This is why I'm not made for commercial horse arrangements though. I'd probably be losing my six figure investments left right and centre to send them hacking.
 
Milly is really lovely , this absolutely won’t be a scam.
Just maybe a bit young and naive
She loves the horse and obviously wants to keep him, the owners clearly have her over a barrel as it seems they are offering her him at a price or saying they will send him abroad to be sold. They don’t have a buyer in the uk ready to pay that .i haven’t donated because i don’t feel the owners should be getting a free ride here.

I absolutely believe that the money would be donated to a good cause though if it doesn’t reach the amount.She is very very genuine.
 
@smiggy you have captured my feelings well - I won’t donate because I don’t want to reward the sellers! Who sound like they are behaving appallingly. Inventing a figure, not allowing a valuation, threatening her with imminent removal of the horse even without a buyer. (I think he’s going today? And she has 2 weeks to get him back?). Maximum pressure on her, no thought for the welfare of the horse - just moving him around like he was an oil painting not a sentient being. It’s horrible.
 
KikiDee said:
It’s like anything I guess, depends what it’s worth to the seller and what the buyer thinks it’s worth. There’s a small tour horse on HQ at the moment for £100k.

I was horse shopping for a friend recently looking for an Intermediate schoolmaster and was shocked at the price of dressage horses tbh. People who want well trained dressage horses clearly have deep pockets :oops:
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Or the ability/cheek to start GFM pages!
 
I mean the investor/majority owner can generate whatever figure they like.

Not that I’m going to be able to, but I’d be interested to see what contract was put in place. I’ve been involved in syndicate / contracts for competing horses.

If there isn’t a decent contract in place then it may go in Milly’s favour.

All she has to say is ‘we aren’t buying you out’ put your shares on the open market - then sit back and smile when no one buys them!

ETA: I’ve just seen a FB video from her talking about the horse going to Europe next week - which doesn’t sound great, seems like the majority owner has overall say in what happens
 
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I guess the problem is the majority owner, who wants to sell, is the deciding vote on what happens to the horse as they own 55%. So they can (I assume) place him in whichever stable they like, in whichever country they like.
 
I'm not super invested or educated on the dressage world but have to admit I don't really understand the outrage about the GFM. There are plenty of threads on here about the fate of higher level competition horses and the rider seems kind, sympathetic and genuinely invested in the horse. I can understand her not wanting to see him shipped off to Europe to be pushed up the levels by riders who only see him as a commodity. If she gets to keep him and offer him a home for life as she says, then it can only be a good thing for the horse. I think she's been honest about the situation and the facts and the outcome she hopes for if people choose to donate. Criticism of the price tag is fair, but it sounds like the rider doesn't have much say in that, and the intention behind keeping the horse in a safe environment is hard to argue with. Nobody is under any obligation to donate and if that's where people want to place their money, what is the harm? Of course there are better causes out there that would benefit from the money more but people spend money on luxury hobbies every day that could well be donated to small charities etc. - if they want to donate because they feel invested in the horse and the rider's journey with him then that is their prerogative. Nobody is being deceived, misled or scammed. If they don't support it, just scroll past.
 
Wasn’t he out of action for 18 months ? Soundness issues. The GFM if 80k for 50%? Im sure she will reach the target. She has a big fan base.
 
Caski said:
Yearly hock injections?

Many of us mere mortals might walk away from buying a hack with that looming...!
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“If you’re not needing their hocks injected by the time they’re 8, you’re not working them hard enough.”

Said to me fairly recently by a top level judge I was writing for.

:(
 
rhino said:
“If you’re not needing their hocks injected by the time they’re 8, you’re not working them hard enough.”

Said to me fairly recently by a top level judge I was writing for.

:(
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Well I hope you make your opinion felt, by refusing to write for them again….absolutely ridiculous comment for any judge to make….
 
rhino said:
“If you’re not needing their hocks injected by the time they’re 8, you’re not working them hard enough.”

Said to me fairly recently by a top level judge I was writing for.

:(
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What absolute nonsense, that judge needs to educate themselves better. None of my grand prix horses ever had any joint injections, I know its common, but thats an appalling attitude from the judge.
 
My 25 Yr old has never had hock injections

The vet gave him a thorough vetting today, he was amazed how well he moves
If they need injections at 9, it's the training and breeding of horses whose functionality , confo etc is not in alignment with the job they are asked to do

Whereas my horse is bred to work in a certain way so his body finds it easy, you don't have body parts working against other body parts, it all works in unison
 
I find the whole thing incredibly weird and I think there is a lot more than we are being told.
The horse has left without a passport but they are applying for a new passport? How can a 55% share dominate the other 45%?
How did the horse grow in valuation in 2 years from £15k to £100k with her parents receiving the profit as they paid for it? How can they say it's a GP prospect at 12 when it's getting 61% at PSG?
There was clearly some agreement in place and it's now ended. Hence nothing from any of the other syndicate members.
Mary Wanless page has 122k followers and she does podcasts but there is a deafening silence.
 
On a purely emotionel level, I feel sorry for a young person who has worked very hard and developed a bond with horse, but can't afford him. But on another level, she has already had wonderful experience being able to loan a horse of that quality and then being given the ride on him when he was syndicated. Plus dad has presumably made a LOT of money from his shares in the horse, and although it's not enough, it does mean this is probably not the end of her opportunities.

I feel sorry for the horse just being moved around like a parcel. But I find it hard to feel as though she's been particularly hard done by. If you loan or syndicate a horse you are not in control. Even my YO's 14 year old daughter understands that. She loaned an out of work happy hacking horse. Horse turned out to be amazing. Fabulous paces and great jump. They decided they wanted to event and owner agreed. First season out last year she and the horse were 1 pen point off Badminton GR qualification having been DC with dressage in the 20s all season. They are well aware that the happy hacker they loaned is now worth well into 5 figures and the owner might sell. The kid hopes not but accepts she might and would have to deal with it. That's the risk of being a loaner or a rider, not the owner.
 
LEC said:
I find the whole thing incredibly weird and I think there is a lot more than we are being told.
The horse has left without a passport but they are applying for a new passport? How can a 55% share dominate the other 45%?
How did the horse grow in valuation in 2 years from £15k to £100k with her parents receiving the profit as they paid for it? How can they say it's a GP prospect at 12 when it's getting 61% at PSG?
There was clearly some agreement in place and it's now ended. Hence nothing from any of the other syndicate members.
Mary Wanless page has 122k followers and she does podcasts but there is a deafening silence.
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Milly has actually said in her latest video, that he has gone to get his international paperwork done, not that he doesn't have a passport. I do feel for her, she's young and we all had dreams when we were her age. But it's not something I would donate to. I am acquainted with the family, as they used to run a BD venue near me, but haven't spoken to them (I mainly knew Milly's mother), since they moved, even though they are still relatively local. I believe Milly has now set up her own yard, so not sure what parental involvement there is these days.
 
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LEC said:
I find the whole thing incredibly weird and I think there is a lot more than we are being told.
The horse has left without a passport but they are applying for a new passport? How can a 55% share dominate the other 45%?
How did the horse grow in valuation in 2 years from £15k to £100k with her parents receiving the profit as they paid for it? How can they say it's a GP prospect at 12 when it's getting 61% at PSG?
There was clearly some agreement in place and it's now ended. Hence nothing from any of the other syndicate members.
Mary Wanless page has 122k followers and she does podcasts but there is a deafening silence.
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And does this horse have many national titles at PSG?

many bronze league sashes, regionals and national titles from elementary to PSG.
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Because the marketing vs the scores dont add up for me?
 
I'm Dun said:
And Ive just been told that the ownership issue is becuse he wasnt supposed to be gelded. Id guess if he was an earning covering stallion then that would hugely increase his value and his appeal to a syndicate. If thats the case its even messier. But I am just repeating gossip now and this is not fact.
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he was a gelding when he was sold to her and a gelding for MANY years before that and as as far as i can find out has no offspring

so this IS nonsense
 
nikicb said:
Milly has actually said in her latest video, that he has gone to get his international paperwork done, not that he doesn't have a passport. I do feel for her, she's young and we all had dreams when we were her age. But it's not something I would donate to. I am acquainted with the family, as they used to run a BD venue near me, but haven't spoken to them (I mainly knew Milly's mother), since they moved, even though they are still relatively local. I believe Milly has now set up her own yard, so not sure what parental involvement there is these days.
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The video I saw she was saying she wasn't sure how he could get papers for travel as he didn't have a passport with him? Although he seemed to be taken by a transporter so maybe something didn't come across right there 🤷‍♀️
 
Gloi said:
If Milly has had the ability to take a £15,000 horse to being a £100,000 horse I would have thought her best way forward would have been to buy another £15,000 horse and repeat the process with that experience behind her.
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It sounds to me like the horse is not just a machine to her, so this approach does not solve the issue. She loves the horse, not what it can do for her.

I feel for her, horse sport is cut throat and the horses always get short shrift. I’ve no doubt the horse is better off staying with her, but it’s a huge sum of money and sounds like the majority owner is determined to get their percentage back.
 
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