Phoenix Thoroughbreds-gone!

Second Chance wrote: But let's move on from possible syndication rorts and come back to Tony Fung (Aquis). It appears he's shutting down his stud presence in both Victoria and NSW and moving most of his stallions (most of them 2nd graders) to Qld.  Yet he's still buying heaps of yearling colts, paying clear overs for most of them. But what's most incredible is the fact that he's formed an alliance with Phoenix, the alleged Ponzi scheme mob which is a banned pariah in almost every racing country except of Australia.  Why would anyone form an alliance with such a discredited entity as Phoenix? Vendors may well be counting their blessings just for the moment, but ultimately it's highly likely that little good will ultimately come of this.

acacia alba wrote: Talking to a breeder tonight about the sales.  Big breeder been around a long time. Says Tony Fung is crooked as a dogs hind leg. Why would he hook up with Phoenix which is discredited everywhere else.  Sad and sorry outcome for most of those horses. Lets hope the owners get Ned away from Aquis soon.

Was brought to the mainland on the back of Mystic Journey's success.  Don't think Aquis has equity in the stallion who will have to find yet another home later this year. 

reckon he will end up back here with luck. def  don't have any equity in the stallion. the deal was only for one year so knowing Armidale they will be doing everything they can to have him back in Tassie. 

There are so many forums talking about Phoenix and Fung, yet the big wigs in Druitt St and other jurisdictions are of the ''move along, nothing to see here'' mantra,.......don't you just love that? Too many lovely little agendas at stake should the allegations be proven true.

Gay3 wrote: Given the attitude of the Chinese govt., powers that be here, are probably reluctant to ruffle feathers in case they cease the equine trade too