Dutch rider Gerco Schroder heads toward an Olympic silver medal aboad London. © 2012 Ken Braddick/dressage-news.com.

Silver medal winning Olympic horse seized

Well, we know that three gold medal winning dressage horses at the 2012 Olympics in London are for sale, reasons unknown except perhaps they have accomplished all they were set out to do.

Now a silver medal winning show jumper named London finds himself in a spot of bother along with some other horses belonging to the same person or corporate entity.

An Examiner article reports:

“LONDON (Aug. 12, 2012) — Sad news out of London today. The 10 year old Belgian stallion named London, ridden by [Dutch rider] Gerco Schroeder in the 2012 Olympics, and which took the silver in both team and individual show jumping has been seized due to bankruptcy proceedings by the owners. The horse, along with other horses owned by the same company was seized shortly after the conclusion of the jumping competition.

“Just before the weekend, the FEI database was changed to show the ownership of the horses has been transferred to Sileste B.V. Earlier this year, London and other horses were sold to Gevi International, B.V., owned by Ger Visser Jr., son of Eurocommerce owner Ger Visser. This leaves the courts attempting to determine if the stables is part of the Eurocommerce real estate bankruptcy proceedings.

“Once the court determines that the equine part of the company is not involved in the bankruptcy of the real estate company, the horse may be sold.

“Sources state that London is currently at the stables of Ben Maher, of the Olympic gold medal team for Great Britain. Rumor has it that Ben Mahar’s sponsor is interested in buying London. London is apparently valued at approximately 10 million euros.”

Read full story >>

That’s about how much the gold medal winning horses are each going for.

Wow, what riches these horses have earned and looks like they will continue to earn. There are not many people in the world I would think whocan afford to pay 10 million in any currency for a single horse.

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Hopefully the show jumping fans will not be as excitable as the dressage fans when commenting, that’s if they find their way here. — Ed.

3 thoughts on “Silver medal winning Olympic horse seized”

  1. The same people pay 10 million for a horse as have elevators for their cars. The horses are typically given to a professional that the owners are supporting, and are beautifully cared for, and the owners are invited to very fancy parties to see the horses compete. Just the same as the owners boxes at football stadiums and boosters parties at college sports. Money is money and it buys the people who have it what they want..Fancy cars, fancy homes, fancy planes, and fancy horses.

  2. Eurocommerce has been charged with fraud and basically operating like a Bernie Madoff type ponzi scheme. They own many high level horses, which have value and will be sold to try to recoup some of the losses for investors.
    No idea what MP Clark means by “ridiculous imitation of a competition”. This was an excellent example of the highest level of show jumping, with the best horse/rider combinations in the world not only competing individually but also for their countries in Nation’s Cup format.
    The winner was second at the World Cup Finals in April.
    Regarding currently competing horses being sold privately and at auction, this is similar to the DEA seized Quarter Horses which were owned and raced by a Mexican drug cartel.

  3. Ok. Do we know if at least the riders got paid the agreed-upon wage for taking a medal?

    I assume that’s why they showed up in this ridiculous imitation of a competition.

    At least that would demonstrate some logic played a role in this event.

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