St Nicholas Abbey

[Bar the Bull]

I estimate it at €107.825 million purely from breeding for 2010. Not including any income from racing or from sales of mares or horses like Fame and Glory.

Honestly.

 

[Simon]

Does that include Australia and USA, Bar, or just Ireland?

 

[Bar the Bull]

It includes everywhere.

But I stress that it is my estimate (very rough and ready). I know no insiders.

 

[Simon]

It seems surprisingly low when you consider John Magnier is meant to be worth £500m plus. I suppose most of his money is in assets, and his stallions will be worth millions a piece. Then again, it's highly likely he has loads of other investments, he invests in JP McManus' currency exchange, and owns various other businesses such as a cereal company in the UK.

 

[Bar the Bull]

That should have read €117mil. I stress that it is only my estimate.

 

[Guest_]

Going through the Coolmore bins again Bar?

 

[Bar the Bull]

Valuing businesses like that is the type of thing that interests me.