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Losses at Godolphin stud operation doubled last year rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.
Losses at Sheikh Mohammed bin Rashid Al Maktoumâs thoroughbred horse racing stable Godolphin fell by 22 per cent to â¬8.36 million last year. The reduction in losses at the stud operation came as revenues at Godolphin Ireland Ltd surged by 29.5 per cent from â¬21.72 million to â¬27.68 million in the 12 months to the end of December last. The company said that the revenue increase was due to the improved stallion roster and the introduction of new stallions in 2020. Operation This contributed to Godolphin Ireland Ltdâs ânomination incomeâ increasing by 53 per cent from â¬11.46 million to â¬17.56 million last year. Godolphinâs operation in Ireland comprises of five farms in Co Kildare, one in Co Meath and two in Co Tipperary and numbers employed by Godolphin last year totalled 237. ....
His finely spun web has entangled the former Irish president, Mary Robinson, his estranged wife Princess Haya and the blue-bloods of the Irish Turf who tapped him for more than €5m for the redevelopment of the Curragh Racecourse. Dubai, his middle-eastern emirate, also harbours Christy Kinahan, head of the notorious drugs cartel. And it is where Kinahan s equally ruthless son Daniel seeks to reinvent himself as a boxing promoter and gym owner, pictured last week in opulent surroundings with US promoter Peter Kahn. Dubai is a family-run business that happens to have an embassy in Dublin, says one observer of the city state and its ruler. We should be really talking to them about harbouring the Kinahans, who have wreaked havoc on Dublin and beyond. ....