No, they are losing horses because they are being taken out of racing completely. They are not going to a cheaper training. They are going to the green pastures of horse heaven. Reality.
It's not a case of syndicates just wanting a better deal, they cannot afford to have a horse in training at any cost whether 10%, 20%, 30% etc lower. I've just completed a cash call for one of our ordinary horses and it was a struggle as they are weighing up should they put money into a horse or their holiday or food for the family. That's how things are in Ireland. It has nothing to do with the cost of training fees. Thankfully 11 out of 12 are still in.
