Thursday, October 24, 2013

Premier Information: Rock of Gibralter

At Premier Information, we love to look at some of the interesting things that have happened in horse racing history. We all remember the joy of watching Rock Of Gibralter race in the colours of Sir Alex Ferguson and the falling out that occurred between Coolmore and Sir Alex in a row over ownership.

It was interesting to read the article below which we reproduce courtesy of the Racing Post which outlines the circumstances.    Clearly the dust has settled!

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SIR ALEX FERGUSON has claimed that his very public falling out with Coolmore Stud boss John Magnier over ownership of Rock Of Gibraltar came about as a result of a "misunderstanding on both sides" and that it did not affect his job as manager of Manchester United.

Writing in 'Alex Ferguson, My Biography' which was published on Tuesday, the now-retired manager claims to be on good terms with Magnier following the row and subsequent legal battle over his involvement in the champion racehorse who retired in 2002 with future stud fees estimated at £100 million.

Sporting Ferguson's red-and-white silks, Rock Of Gibraltar became the first in the northern hemisphere to win seven consecutive Group 1 races, surpassing a record set by Mill Reef.

Ferguson writes: "My understanding was that I had a half share in the ownership of the horse; theirs was that I would be entitled to half the prize money. But it was resolved.

"The matter was closed when we reached a settlement agreeing that there had been a misunderstanding on both sides."

In his autobiography, Ferguson notes one "awkward" situation arising from the episode when urged at a Manchester United AGM to resign over the affair at a time when Magnier was a sizeable shareholder in the club along with JP McManus.

He writes: "I have to say that at no point was I sidetracked from my duties as manager of Manchester United. It didn't affect my love of racing and I am on good terms now with John Magnier, the leading figure at Coolmore."

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