"Robert Sangster later recounted how he then poured himself a 'generous glass' of Roederer Cristal champagne, "and I inhaled it as if it was draft lager, and I kept on saying over and over, 'I like it John. I like it. I really like it.'" It sounds like a scene from a film where the plot is about to go into overdrive. For the young John Magnier, it was the eureka moment."
"But how exactly did he set a cunning plan in motion that would pave the way for his envious billionaire bloodstock empire? What did he see in America that Ireland sorely lacked? And, given his recent and chastening high-profile defeat in court, what is the ultimate legacy for the man who changed horse-racing in this country forever? On this episode of The Indo Daily, Fionnán Sheahan is joined by Sunday Independent journalist Liam Collins to profile the early days of Magnier and examine how one of our most intriguing and reclusive figures built his fortune."
Robert Sangster poured a generous glass of Roederer Cristal and reacted with palpable enthusiasm, a moment that became a defining eureka for young John Magnier. Magnier identified bloodstock practices in America that were lacking in Ireland and then implemented a deliberate, strategic plan to exploit that gap. He assembled an envious, billionaire bloodstock empire that significantly reshaped the structure and economics of Irish horse-racing. A recent high-profile court defeat proved chastening, but the long-term impact of his methods and investments transformed breeding, ownership and the national racing industry.
Read at Irish Independent
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