Jimmy in the saleyard at this year's Inglis Easter Sales in Sydney. Source: Gregg Porteous / News Limited
WILLIAM Inglis supremo Mark Webster has slammed scandalous suggestions of any "foul play'' in the decision to have the $5 million colt, Jimmy, humanely put down earlier this week.
Social media and racing forums have been abuzz with rumour and innuendo since the most valuable yearling ever sold in the southern hemisphere lost his battle for life after contracting laminitis.
The colt, a half-brother to all-time great Black Caviar, was sold to the troubled BC3 Thoroughbreds investment business of controversial former chairman Bill Vlahos at the Inglis Easter Sales in Sydney earlier this year, but the auction company has not received the majority of payment from the sale.
Webster agreed to an interview with The Daily Telegraph yesterday to attempt to set the record straight concerning the Jimmy saga including:
#Confirmation the colt was insured for his $5 million purchase price.
#Inglis has no knowledge of persons who are alleged to have bought into the colt's ownership.
#The London-based insurance underwriters had the final say on whether Jimmy should be euthanized.
#Jimmy died due to complications from laminitis.
#BC3 Thoroughbreds have been asked to pay the estimated $40,000 veterinary bill.
Webster said the racing and breeding industry needs to be careful it "does not allow one person to bring it all down.
"Thankfully, there are not too many people out there that do this sort of stuff,'' Webster said.
"At Inglis, we sell 6000 horses a year and this doesn't happy very often.
"There are a lot of people getting overly excited out there, a lot of conspiracy theories, but the reality is that this horse was put down due to laminitis.''
Breeder Rick Jamieson and BC3's Bill Vlahos at the Inglis Easter Sales. Source: Supplied
Webster said every effort had been made to save Jimmy over the last two months since the colt fell ill.
"At the end of the day it was not my decision to put him down or anyone at BC3 (Thoroughbreds),'' Webster said.
"The insurance underwriters in London have the final call on that.
"Insurance underwriters would not be putting down a horse to make a payout unless they were absolutely convinced it was necessary.
"There is no foul play - all that is just absolute rubbish.''
Jimmy was euthanized on humane grounds on Sunday morning after suffering from laminitis, a painful, debilitating hoof condition that impacts on a horse's mobility.
It is believed the laminitis developed after Jimmy had an adverse reaction to antibiotics, which were being used to treat his swollen leg caused by a spider bite.
"BC3 is legally responsible for paying the vet bill and I've encouraged them to do so,'' Webster said.
"But it is most likely the vet will be paid from the insurance pay-out.''
Webster said Inglis has received only part-payment of the $5 million purchase price and his company does not know who invested in the colt through BC3.
"We (Inglis) have no knowledge of those that bought into the colt,'' Inglis said.
"It is up to the administrators to clarify anyone who is alleging to have shares in the horse and their bona fides
"We have not received any money from these so-called owners directly - those people who may have paid Bill Vlahos personally or through BC3.''
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