Wednesday November 25, 2020

Magnier’s Coolmore reduces stallion fees in wake of Brexit

Fees for many stallions have been reduced by between 12 per cent and 43 per cent in 2017

6th November, 2016

Coolmore, the stud farm empire owned by John Magnier, has reduced its fees for many of its stallions in response to the fallout from Brexit.

Fees for many of the Co Tipperary establishment’s stallions have been reduced by between 12 per cent and 43 per cent in 2017, according to new figures.

“Many of our clients trade in sterling so, in response to its decline in value, we have reduced the fees for the majority of...

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