Shergar quickly'"; another shareholder, Lord Derby, disagreed and said "if ransom money is paid for this horse, then there is a danger of other horses being kidnapped in the years to come – and that simply cannot be tolerated". The first phone call from the thieves was on the night Shergar was stolen; Fitzgerald was not back at Ballymany by that time, and had not had the chance to tell the news of the theft to anyone. The call was to Jeremy Maxwell, a horse trainer based in Northern Ireland. The caller demanded £40,000, although this figure was later raised to
Horse racing in Ireland 93% of which have fewer than 5 broodmares. Horse racing organisations are funded through a number of sources, including membership fees, taxation of betting, a foal registration levy, profits from the Tote, and direct contribution from the Government of the Republic of Ireland. Horse Racing Ireland (HRI) was established in 2001 in an effort to promote Irish Horse racing and Thoroughbred breeding at an international level. The HRI has a number of responsibilities, including the management of the national Thoroughbred studbooks (registration with Weatherbys is also a requirement for all Irish Throughbreds), the development and operation of a number of