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Craven Sale:
the chairman's statement

AT the conclusion of the 2009 Tattersalls Craven Breeze-Up Sale, Tattersalls Chairman Edmond Mahony commented:

"We are all fully aware that 2009 is likely to be testing but in the context of the current challenging economic conditions we would have to be satisfied with the results at this year's Craven Breeze-Up.

"Last year's sale took everyone by surprise producing what could only be described as outlandish figures which would have been almost impossible to match even without the dramatic economic downturn.

"To have the sale return to thelevels of 2007 and 2006, and well in advance of 2005 levels, is no mean achievement and proof that the Craven Breeze-Up continues to attract the leading owners from throughout the world.

"We have welcomed buyers from throughout Europe and further afield, Japanese buyers have been active at the top-end of the market and we were delighted to have the Hong Kong Jockey Club making a major contribution at this sale for the first time.

"A clearance rate in excess of 70 per cent compares very favourably with similar sales in the northern hemisphere this year and has been another positive. There have also been a significant number of private sales which brings the clearance rate above the 80 per cent mark.

"Time after time people have remarked this week on what a superb display the two-year-olds put on at the breeze on Tuesday and I am confident we will see this mirrored by equally impressive racecourse results in the coming months.

"The breezes were a tribute to the professionalism of the consignors who should also be commended for their collective energy and enthusiasm in putting together the £500,000 ‘Breeze-Up Bonus Scheme'. The scheme has without doubt caught the imagination of buyers and should

 

 

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