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General Category => Ask the Experts => Topic started by: Tavasco on September 10, 2020, 04:21:46 PM

Title: What goes up usually come back down.
Post by: Tavasco on September 10, 2020, 04:21:46 PM
So Ahned Zayet (American Pharoah) has apparently decided to stiff some of the racing industry for his bad debts. I\'m wondering is this a function of the pandemic, a swindle, less than brilliant management, capitalism at its worst,  other? It is well documented AP earned a lot of prize money. He brought a pretty penny for breeding rights and there was no inauguration expense.

Paulick Report (https://www.paulickreport.com/news/the-biz/still-embattled-in-civil-suit-ahmed-zayat-files-for-chapter-7-bankruptcy-listing-string-of-racing-creditors/)