Lots of people through this pandemic are getting reductions and extended time to pay bills, from those who normally charge for services etc, all over the world.
Renters, electricity just to name a couple.
But in the U.S. the biggest racehorse owner, Ken and his wife Sarah Ramsey have stopped, or in their words, slowed payment of their horses in work.
Right now as you read this the Ramseys have just been sued for unpaid training fees. And they owe two trainers a grand total of US$974,470 to Wesley Ward and a further bill from trainer Mike Maker for, wait for this, US$1million.
That’s an enormous amount of late back training bills.
Maker filed suit in Fayette Circuit Court last week.
Wesley Ward did the same thing but in Jessamine County Court in Kentucky.
Maker’s suit alleges the Ramseys have been delinquent on training bills in his case for “almost four years” and their current balance owed to him is US$905,357.29 – down from the US$1.25 million they owed last summer.
When approached for comment by The Paulickreport, Ken Ramsey shook his head and said, “I’m shocked.
“I didn’t think he’d file a lawsuit because my assets well exceed what I owe him, by far.
“It’s not that I’m not paying, it’s just that I guess I’m not paying fast enough.
“I have never beaten anybody out of a dime.”
Maker trains 27 of Ramsey’s horses.
Meanwhile, Ward, who claims non payment of 44 Ramsey owned horses, charges $110 per day.
The Ramseys have won the prestigious Eclipse Award for Outstanding Owner four times (2004, 2011, 2013, and 2014) and the award for Outstanding Breeder twice (2013 and 2014).
Since 2000, Equibase reports the couple has won 2,217 races from 9,790 starts for total earnings of more than US$97 million.