2004 End of Year Press Statement
Tattersalls December Sale Ends Year On High Note
At the conclusion of the 2004 Tattersalls December Sale, Tattersalls Chairman Edmond Mahony commented;
“It is always a pleasure to end a year on a high note, but even more so when a Sale dramatically exceeds expectation, and that has been the case at this year’s December Sale.
“The figures will show that we have not matched last year’s Sale, but there are times when the bare figures do not tell the whole story. This has been a very good breeding stock sale from start to finish, following on from a foal sale which also outperformed expectation.
“Last year’s December Sale had two high profile dispersals, was widely regarded as the best December catalogue for decades, and deservedly broke all previous records. This year’s catalogue was far from a vintage one, and we lost a couple of potential stars on the eve of the sale, but the consensus from both vendors and purchasers has been that this has been as strong a December Sale as any in recent years.
“The overseas buyers have had a huge impact on the Sale, and are a tribute to our team of representatives throughout the world. Japanese buyers have been more active than ever, as has an enthusiastic team from Australia and New Zealand. It has also been encouraging to see a group of South African breeders making their presence felt, but it is hard to single out individual countries as this has been truly global trade at all levels.
“While 2004 has been far from plain sailing at times we can also look back on sales which have given genuine cause for encouragement. Our Breeze Up Sale continues to set new standards, and the Autumn, July and February Sales all produced record figures contributing to an annual turnover second only to last year’s massive total. Concerns over prize money in Britain are very real, and the massive foal crops that await us are a little daunting, but we have seen new faces investing in the thoroughbred industry in the course of the December Sale allowing us to end the year with a flourish.
“Looking ahead to the 2005 yearling sales, it was clear this year that the sheer numbers took their toll, and next year it is important that we manage the numbers in a manner which places less strain on the market.”