Arqana Offer Five Juveniles To Recoup €2 Million Debt Left By Al Homaizi 

Five two-year-olds worth almost €2 million will be re-offered by Arqana next month as another sales house bids to recoup the losses incurred by the Derby-winning owner Saleh Al Homaizi who racked up over €20 million of unpaid debt at the yearling sales last autumn. 

As revealed by TDN Europe back in January, Tattersalls were the first sales company to re-offer the 17 juveniles who were knocked down to bloodstock agent Richard Knight for 11,055,000gns at the October Yearling Sale last year. 

A Frankel colt out of Bold Lass headed that unpaid bill at 2,000,000gns. However, the majority of the youngsters that Al Homaizi failed to pay for found new owners, with Godolphin stepping in to purchase the Frankel colt among others. 

Arqana will stage a private sale for the five two-year-olds that Al Homaizi defaulted payment on from the August Sale. It takes place on Wednesday, April 12, and the horses are all being trained in Chantilly, with three in the care of Francis-Henri Graffard and two with Mikel Delzangles. 

A €750,000 Wootton Bassett filly out of Ambivalence, a Siyouni filly out of Fig Roll and a Night Of Thunder filly out of Nymeria are based with Graffard and can be viewed by appointment. 

Delzangles is overseeing the training of an Adlerlfug filly out of Sylvestra and a Night Of Thunder colt out of Awe Struck. They can also be viewed by appointment.

Arqana are following the same course of action taken by Tattersalls and Keeneland in re-offering the stock bought by Knight on behalf of Al Homaizi, who part-owned 2007 Derby winner Authorized. 

The six horses bought at last year’s Keeneland September Yearling Sale for nearly $5 million were re-offered in late February and were all found new homes. 

The horses will be sold by Arqana without a reserve but offers must be higher than the amount of the price indicated on the online platform for each lot.


The post Arqana Offer Five Juveniles To Recoup €2 Million Debt Left By Al Homaizi  appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.