Retail magnate Gerry Harvey has revealed he is owed millions of dollars by troubled former billionaire Nathan Tinkler over racing interests.
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Mr Harvey told Fairfax Media that he had a caveat over Mr Tinkler’s horseracing and breeding assets and was considering selling the horses that race in the name of the Tinkler company Patinack Farm.
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The revelation will shock the racing and business communities as it throws into doubt the veracity of claims made last month that Mr Tinkler had done a deal to sell his bloodstock interests to a Dubai based firm, Cibola Capital. Sources close to him had suggested he’d received more than $130 million for Patinack Farm. Sydney Morning Herald – Read more…
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