Media Centre

Joshua tree wins the Juddmonte Royal Lodge Stakes at Ascot 26.09.2009

Waseet (striped cap): the Royal Lodge runner-up's dam Najayeb was purchased by Hugo Merry and is headed to Sonha Stud in India

  PICTURE:Mark Cranham  

Improved clearance rate boosts Goffs November

GOFFS NOVEMBER - BREEDING STOCK DAY 2 FIGURES (€)
Year Offered Sold % Agg Average Median
2009 200
137
69
1,284,100
9,373
5,000
2008 238
141
59
1,786,000
12,667
9,000
GOFFS NOVEMBER - BREEDING STOCK DAYS 1 & 2 FIGS (€)
Year Offered Sold % Agg Average Median
2009 421
304
72
5,458,500
17,955
10,000
2008 498
312
63
7,740,000
24,807
14,000
GOFFS NOVEMBER - OVERALL FIGURES (€)
Year Offered Sold % Agg Average Median
2009 1,139
778
68
16,009,700
20,578
11,500
2008 1,507
815
54
17,798,100
21,838
12,000

 

A SOLID renewal of the Goffs November Sale came to end tonight with a set of final figures that finished marginally down on those from 2008 but did witness a heartening improvement in clearance rate which left the company expressing its satisfaction with proceedings.

With nearly 400 fewer horses offered over the six days the turnover fell from nearly €17.8m to just over €16m. The average went from €21,838 to €20,578 whilethe median came in at €11,500 as against the €12,000 recorded last year. Overall the clearance rate improved from 54 to 68 percent.

While the foal sale improved on 2008 the mares section was unable to follow suit, but this year's catalogue didn't quite boast the quality that was on offer last year.

Domestic involvement in the breeding stock section was again subdued but a wide cross-section of international buyers played a major role throughout the last two days.

"The Goffs November Breeding Stock sale has yet again proved to be a truly cosmopolitan affair with massive numbers of overseas buyers dominating proceedings headed by our regular visitors from India and Turkey," commented Chief Executive Henry Beeby.

beeby

Henry Beeby: "focussed"

  PICTURE: Edward Whitaker 

"As ever it has been a real pleasure to welcome such an enthusiastic group of breeders to Ireland and we thank them for their continued passion for Irish pedigrees. I must make special mention of Hugo Merry and his Indian clients who have again made such a significant contribution to the sale for which we are extremely grateful.

"We have been satisfied with the two days trading, and especially the really lively day yesterday, which has enjoyed a much improved clearance rate reflecting the buoyancy of the market. Whilst the other statistics may be down we arenot despondent as they reflect a smaller catalogue which has perhaps lacked some of the stars of last year.

"Our challenge for the future is to convince some Irish breeders that they will achieve the very best prices for their best mares at Goffs just as they have for foals earlier this week and yearlings at the Orby Sale.

"However for now we are focussed on the Mares Sale over the last two days and I want to pay tribute, as we do so regularly, to the truly excellent work of Irish Thoroughbred Marketing who have once again worked tirelessly to promote this sale on a global basis.

"No one should underestimate the vital role they play in the promotion of Irish bloodstock and sales which is arguably even more crucial in challenging times.

"I sincerely hope the powers that be recognise their worth and continue to provide the resource Michael O'Hagan and his team need to scour the globe for the huge numbers of international buyers to whom Goffs sell the very best Irish bloodlines"

The star of today's sale was the talented four-year-old Fourpenny Lane who was bought by Hugo Merry for €100,000. A winner of the Birdcatcher Nursery as a two-year-old, the daughter of Efisio has been in the form of her life lately and her three victories at Dundalk in recent weeks were headed by her victory in the Listed Cooley Stakes just ten days ago.


"She's been bought for a client who was involved in horses like Archipenko, to go to the Dubai Carnival," reported Merry. "It's possible that she might take in a Listed race at Lingfield next week on theway there. She's a good filly who has won on turf and polytrack and will hopefully do well out in Dubai."

Merry was purchasing as prolifically as ever at the sale and picked up in excess of eighty mares to go to India over the two days.

"The mares that we've bought are for leading stud farms in India. I've been buying for India since 1991 and have built up a good relationship with various farms in conjunction with Gautam Kotwal who is India's premier bloodstock agent," said.

"We've had lot of success with various mares that we have bought in-utero and who have then gone on to produce Guineas and Derby winners in India."

At €95,000 Merry's most expensive Indian purchase was the Knockatrina House-consigned Najayeb, who is in foal to Bahri, thus carrying a three parts sibling to Sakhee. The daughter of Silver Hawk is the dam of this season's Royal Lodge Stakes runner-up Waseet.

"We were actually underbidder on Najayeb here last year when she made less," Merry said. "She has been bought for Sonha Stud where Noverre now stands."

Earlier Cathy Grassick picked up the Royal Applause mare Paradise Royale for €56,000. The five-year-old is a half-sister to the dual American Grade 1 scorer Magical Fantasy.

"She's been bought on behalf of a partnership and will be coming back to Newtown Stud," commented Ms. Grassick. "We actually bought her as a yearling for a client of my father's and it's a family that we know quite a bit about."

The popular Darley draft was again to the fore with Eyrefield Stud going to €58,000 for the three times winner Malyana. Sold in foal to Kheleyf, she is a daughter of the champion Irish juvenile filly Pass The Peace.

 

Search

TOP TEN

STALLION £ TOTAL PRIZE
King's Theatre £928,943
Presenting £854,809
Beneficial £702,808
Milan £673,067
Oscar £656,070
Westerner £543,568
Flemensfirth £465,623
Kayf Tara £421,559
Stowaway £372,236
Midnight Legend £361,335