Partnership Question
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- Ryan Whitehead
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Partnership Question
If you decide to form a partnership does that enable both players to bid on a Steward bred individually in auctions and collectively as a partnership? So player A, player B, and player C (the partnership) can all win a Stewie in the same auction?
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- The Steward
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Re: Partnership Question
Yes.
"There's no secret to training a good horse. It's a matter of being fortunate enough to get one."
"Funny how you often regret the stuff you didn't do more than the stuff you did do" - GG
"Funny how you often regret the stuff you didn't do more than the stuff you did do" - GG
- Regina Moore
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Re: Partnership Question
Are all the partners required to have equal shares, where a 4-horse partnership would be required to have all partners be 25% owners? Or, say, could one partner be 50%, and the other three 16.67% owners?
- Glenn Escobar
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Re: Partnership Question
That's a good question, and in a similar vein, can Partners continue to invest in the partnership after it is founded? We all put in XYZ at the start, but then we continue to add capital after our initial buy-in?Regina Moore wrote: ↑6 years ago Are all the partners required to have equal shares, where a 4-horse partnership would be required to have all partners be 25% owners? Or, say, could one partner be 50%, and the other three 16.67% owners?
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- Regina Moore
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Re: Partnership Question
And if partners can have unequal shares, is there a limit on how much of a majority one partner can have?
- The Steward
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Re: Partnership Question
All shares are equal
"There's no secret to training a good horse. It's a matter of being fortunate enough to get one."
"Funny how you often regret the stuff you didn't do more than the stuff you did do" - GG
"Funny how you often regret the stuff you didn't do more than the stuff you did do" - GG
- Glenn Escobar
- Grade 3 Winner
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Re: Partnership Question
And can these equal-sharing partners add capital after their initial buy-in?
“In the race for excellence,there is no finish line.”
— His Highness Sheikh Mohammed bin Rashid Al Maktoum
— His Highness Sheikh Mohammed bin Rashid Al Maktoum
- Kaine Saracen
- Listed Stakes Winner
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Re: Partnership Question
Apparently I should read original post first
- Danny Derby
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- Danny Derby
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Re: Partnership Question
It's very disappointing that currently a partnership needs a separate SIMperior subscription. It seems that if all partners are SIMperior, the partnership itself should be able to benefit off SIMperior. Hopefully this gets fixed.
- Louise Bayou
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Re: Partnership Question
Uh yea that can't be right.Danny Derby wrote: ↑6 years ago It's very disappointing that currently a partnership needs a separate SIMperior subscription. It seems that if all partners are SIMperior, the partnership itself should be able to benefit off SIMperior. Hopefully this gets fixed.
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