Evidently the Sheikhs whom have run into tuff times now owe millions of dollars to
UK trainers as articles posted on Betfair forum.
Many are close to ruin for training bills unpaid worth millions of pounds for long periods of time.
I am sure trainers in Australia are protected from this with banning their horses
from racing until accounts are settled.
Even to the extent they cannot be transferred to another trainer, sold or taken away.
All is not as rosy as one would think if you did business with them rubbing your hands with excitement.
It is seriously wrong.
James