Melody Belle not for Sale

Fortuna Syndications Director John Galvin advised  today that MELODY BELLE was recently the subject of a very substantial offer to purchase her as a broodmare proposition – the offer amount was NZ$3.25 million. However, after consultation between John Galvin and Syndicate Members, the offer was declined. John Galvin commented –

“Clearly this was a very significant offer for our wonderful racemare presented by a genuine and well regarded Australian based breeding operation. Accordingly, the offer was put in front of the 34 Syndicate Members for consideration – the outcome was that 100% of the Membership chose to decline the offer. Members felt very strongly that Melody Belle had yet to reach her potential as a race horse and should be allowed to race on under the current ownership until such time as she was ready to retire from racing. Members also expressed the view that she was a well loved race horse by the NZ racing public and in what are difficult time for NZ Racing, any future success on the race track would boost the profile and spirits of Thoroughbred racing in New Zealand. As Syndicate Manager, I was humbled by this response from our Members and very pleased that she will continue to grace race tracks here in NZ and Australia.”