Amo Racing has gone in further with PE giant Apollo Global Management.
Apollo has expanded the terms of its existing loan facility to Sports Invest Holdings, the parent company behind Amo Racing. The original Ā£40 million laid out in October 2024, secured against a mix of assets including racehorses, stables, properties, and bank accounts on both sides of the Atlantic.
Apollo has heightened their collateral coverageāmore security tucked in for the lenderāwhile keeping things liquid for Sports Invest Holdings, priced in at a 10.25% interest rate.
Apollo will slice him in two when things go south - theyāre animals. Iād fear for any stable, trainer, jockey fully reliant on Ammo and Iād be getting paid quick smart at the sales.
2 Likes
Iām inclined at this stage to think Kia is no daw but it seems like a fucking mental operation
Itās either washing money or he has a load of other lads on the hook for it
He has s history of making money regardless of how things play out. Married to a lawyer, seems to always come out the right side of unusual contracts often leaving a right mess behind him
1 Like
The Forrest owner is involved as well.
I guess they are desperately trying to hit on a sire.
Problem for
Him with his antics the top trainers wonāt deal with him.
Not a fella Iād like to fallout with anyway.
Super Saturday goes ahead in Dubai despite the unrest.
Strange card in Navan today. Small fields odds on fav in every race bar one where the fav is 11/10. Bookies very wary of the fav in every race
First one wins fierce easy. Was odds against this morning, opened at odds on and only shortened in the ring. Returned 8/13.
They knew.
Thatās an impressive showing by Mighty Bandit for the hat-trick. Up 8lbs and routs the field
1 Like
Anyone listen to the latest barstewards I see on Twitter that it will be there last one. Whatās the reason
The racing post thing Iād say
Can anyone summarise very briefly what the big scandal of the last few weeks was? Iāve never listened to them
I will listen to it in the morning and see if they say why
They said Lee motherās head talked lies about them and published it in paper. In typical Twitter style there was a pile on against them then.
https://x.com/geoffbanksbet/status/2028114827764175250?s=46
Just saw this now
Thereās some mad people in betting and horse racing.
Geoff banks was a regular on the show
The Wallpark and El Fabiola out today in Leopardstown. Is there an obvious Aintree target for either of them?
Decent watch
7 Likes
Irish national and aintre hurdle id say
1 Like