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Hogan Says Cambridge Stud Not On Market
Meanwhile, Sir Patrick Hogan, owner of Cambridge Stud in New Zealand, has emphatically denied rumours that the famous thoroughbred nursery is being sold to Asian investors, reports bloodstock.racingpost.com. "To be quite clear, we the proprietors of Cambridge Stud, Sir Patrick and Justine Lady Hogan, advise the industry that despite numerous rumours and widespread gossip, Cambridge Stud has not been sold," Hogan said. Hogan, who established Cambridge Stud some 40 years ago, had some well chosen words for those he believes are responsible for disseminating the rumours. "Justine and I believe that those spreading the rumours would be better off concentrating their time on running their own businesses instead of creating or perpetuating rumours from these unfounded facts," he said. "There have been times over the years that Cambridge Stud has been the subject of outside interests, but none of those went anywhere. I realise it's been no secret that the most recent inquiry has been from an offshore group but I can state that the bottom line is Cambridge Stud is not for sale." He added: "Any negotiations that may have been taking place have ended. As it stands there is nothing on the table - not now and not in the foreseeable future."