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Collins resigns from BBA to set up own bloodstock company.

Byline: Howard Wright

JOSS COLLINS, one of the foremost international bloodstock agents over the last 30 years, has become the latest high-profile figure to leave the British Bloodstock Agency, writes Howard Wright.

He has resigned as a director and set up Blandford Bloodstock with Tom Goff, 34, who has also quit the company.

Collins, 53, whose purchases include Caerleon, Beldale Flutter, Mystiko and Indian Lodge, was the BBA's director of sales.

His departure has stripped the division to the bone, after Adrian Nicholl led a management buy-out of BBA (Ireland) in May, and the other mainstays in bloodstock buying and selling, David Minton and Anthony Bromley, left to start their own business.

Collins said yesterday: "Tom and I are looking forward to the sales season with relish. I'd like to stress that our departure from the BBA is entirely amicable. We'd thought for a while about setting up our own company, and now we've taken the plunge."

BBA chief executive Simon Hayes said the move was "not the biggest surprise in the world".

Hayes is working on a broader range of activities for the BBA, but he pledged that bloodstock sales would remain an important part of future strategy.

"We're operating at a very restrained level at the moment," he said, "but are looking for dynamic and energetic people to go out and take the company forward."

The world-renowned agency has been in turmoil since March.

Its Irish operation and bloodstock insurance business have been sold. Christo Philipson (chairman), Kirsten Rausing and Guy Watkins resigned as directors, and managing director James Beazley left.

Sir Stanley Clarke, who took over from Philipson, has been succeeded as chairman by PR expert Piers Pottinger, and Hayes, who with Ross Reason -now chief operating officer-led a failed takeover last year, has become chief executive.

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Joss Collins High-profile agent
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Title Annotation:Sports
Publication:The Racing Post (London, England)
Date:Aug 7, 2001
Words:306
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