Shamrock Thoroughbreds are offering an opportunity to become involved in the fun and enjoyment of racehorse ownership through the syndication of Godhead.
Godhead has won 3 of his 5 starts and is a high profile premier handicapper. He has won over 7 and 8 furlongs so is versatile trip wise.
He is a horse that trainer Ado McGuinness believes there is a lot of fun to be had with him next season and the primary goal will be to win a big handicap.
“He has a lot of quality and plenty of size and strength he was the pick of the sale for me and hopefully he will progress even further next season given his lightly raced profile” Stephen Thorne, Managing Director of Shamrock Thoroughbreds”.
The main reason for purchasing a share in Godhead is to become involved with a horse that is proven at premier handicap level and he will provide his new investors with lots of days out at the races next year. He is a tough genuine horse and he is most likely to improve his handicap rating even further next year.
Ado McGuinness is one of Irelands’ leading racehorse trainers and his record with top-level handicappers speaks for itself having won the Irish Lincoln, Galway Mile and Ahonoora Handicap so far in 2020.
HOW IT WORKS
The syndicate will be divided into 10 shares of 10% each and each shareholder can buy as many shares up to a maximum of 30% or 3 shares. Godhead will race under the name of Shamrock Thoroughbreds and will be put into training with Ado McGuinness in Lusk, Co. Dublin. A WhatsApp Group will be setup to enhance communication purposes between the syndicate manager Stephen Thorne and each of the 10 shareholders.
The plan with Godhead will be to geld him in the coming week with the idea of giving him the winter off and targeting a major flat handicap with him next season. There is also the option of campaigning him on the All-Weather from January onwards, a route which proved very successful last season with Bowerman. A more concrete plan will be formed in the weeks ahead but for now he will be given a break.
The cost of purchase for each 10% share is £5,850 pounds stirling. This includes the sales purchase price, sales commission, buyer commission, VAT and transport to Ado McGuinness Racing.
The total training fees, insurance, veterinary fees and HRI account funds for a 10% share until the 31st August 2021 is €2,700 euros and those costs are listed below.
|Cost for 10% share|
|Cost of horse including sales and buyer commission, VAT, vetting and transport to Ireland||£5,850|
|Training fees for 12 months; Includes daily rate, transport to the races, farriery, supplements etc||€2,000|
|Veterinary and other miscellaneous expenses for 12 months||€200|
|Insurance for 12 months||€200|
|HRI account for entries, declarations and jockey fees etc||€300|
|Total per Share
Total training fees, veterinary, insurance and HRI fees per share
DIVIDENDS AND AGM
Each shareholder will receive a statement of accounts at the end of the 12-month term and any prizemoney earned will be divided among each shareholder at the end of the term, the 31st August 2021.
There will be a Shareholder’s discussion in early August 2021 to decide if the horse is sold via public auction or put back into training for another 6 or 12-month period.
The total cost which is immediately payable upon purchase of one 10% share is £5,850 which is the total cost of purchase and payable to Tattersalls Ltd directly. The training fees (Including veterinary fees, insurance and HRI account funds) for 12 months of €2,700 is immediately payable to Shamrock Thoroughbreds.
If you require further information, contact Shamrocks’ Managing Director Stephen Thorne on +353857163850