Bloodstock

At Price Bailey, our specialist bloodstock accountants, tax and financial advisors can support your needs with a full range of services, and with offices in Newmarket and Dubai, we are perfectly positioned to support you. 

Not only is Newmarket the ancestral home of horse racing, but it is also renowned for its successful bloodstock breeding and talented trainers. 

Our team has over 30 years of experience acting for a large number of bloodstock businesses including:

• Racehorse Owners (individuals, partnerships, or syndicates)
• Racehorse Trainers
• Breeders 
• Boarding Studs
• Stallion syndicates 
• Bloodstock Agents and Management 
• EIS structures 

We have worked with breeders and owners throughout the UK, and have also supported bloodstock breeders in other major equestrian countries, including Dubai and the US.

We can help with your business accounts, and advise you on financial and tax planning – including the treatment of VAT. In addition, our experts can also provide advice relating to business structure, personal wealth, and investment management. 

If you run an equine business, our modern outsourcing services can also provide you with a peace of mind that everything is being taken care of in an increasingly competitive marketplace. 

Supporting your long-term success

Thoroughbred trainers and breeders have faced financial pressures as a result of the pandemic, with whole race meetings cancelled and sales taking place online. The 2020/2021 covering season also being impacted, with many smaller breeders being put off by the economic uncertainty. 

The impact on the value of bloodstock and the sales as a result of the economic downturn due to the pandemic remains unclear. However, historically the value of bloodstock has been intrinsically linked to the global economic outlook, and previous recessions have led to contractions in this sector of the horse racing industry.

In addition, the industry has lost two of its largest supporters globally, and although their operations will continue, it will not be with the same level of support. British prize money is always a hot topic, but it is crucial to an industry worth over £4bn and employing tens of thousands of people. 

Despite the challenges the bloodstock industry is facing, more and more horses sold are to go abroad for racing or breeding. 

Our experts can help you overcome these challenges by helping you proactively manage your cash flow, creating financial models to stress test different financial scenarios, and providing you with investment management support. 

Appropriate and effective advice 

Our specialist team truly understand the bloodstock sector and have worked with a number of high-profile individuals. Additionally, we assist other firms of accountants who lack this specialist knowledge.