Geoff Huffer, trainer of last year's dual Guineas winner Cockney Rebel, is at risk of imminent bankruptcy over an unpaid debt of £12,000. The news casts light on Huffer's surprise decision to retire in October, when he said: "It makes sense to go out now, at the top." He owes the money to Stablecare, a company that provides laundry services to stables in the Newmarket area.
"The guy must have money. He's just been to the Maldives," said Kevin Moorcroft, managing director of Stablecare, adding that non-payment of bills is endemic among "the smaller trainers". Moorcroft obtained a judgement from Ipswich County Court last month and has instructed a solicitor to prepare a petition for bankruptcy. He claims Huffer has offered to pay £5,000 on several occasions but has produced nothing so far.
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Showing posts with label Classic-winning trainer on brink of bankruptcy. Show all posts
Showing posts with label Classic-winning trainer on brink of bankruptcy. Show all posts
Saturday, 16 February 2008
Posted by Debtsgone LTD at Saturday, February 16, 2008 0 comments
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