In 1985, Sadler's Wells was syndicated by Coolmore for €800,000 a share (total value of €32m) and stood for an initial fee of IR£125,000. He was an immediate success when his first crop reached racing age in 1988, led by In the Wings and Old Vic. Two other colts from that crop, Scenic and Prince Of Dance, dead-heated in the 1988 Dewhurst Stakes. In 1989 with only two crops of racing age, he set a world record by having 11 stakes winners in one year, an exceptional achievement at a time when foal crops were much smaller than today. For 1990, his stud fee increased to £150,000 with a book of 65 mares. Eamonn Phelan of Coolmore commented, "Very few stallions get offspring like themselves, but this fellow does. He's so tough and very well bred as well as being very sound."