Punchestown Festival: Bravemansgame cleared to race as Financial Conduct Authority approve sale of John Dance share |
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Punchestown Festival: Bravemansgame cleared to race as Financial Conduct Authority approve sale of John Dance share
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Gold Cup runner-up Bravemansgame is once again free to race after the Financial Conduct Authority (FCA) approved the sale of co-owner John Dance's shares. The Paul Nicholls-trained star, who is set to feature in the Punchestown Gold Cup on Wednesday, was denied the opportunity to run at Aintree earlier this month after the FCA intervened following "serious regulatory and operational issues" related to a business linked to Dance. Dance founded Vertem Asset Management, a prominent sponsor within racing, but that firm is one of three trading names of WealthTek LLP, which was ordered to cease trading. Stewart: Chester May Festival is back better than everWilliams: Scottish National win a real lift for my family
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Never miss a story with all the latest racing news, interviews and features on your phone. Find out more In a statement on Monday, the BHA confirmed: "The Financial Conduct Authority (FCA) has today informed the British Horseracing Authority (BHA) that it has agreed to the sale, following an independent valuation, of Mr Dance's 50 per cent share of Bravemansgame. "The gelding was previously owned in partnership by John Dance and Bryan Drew, and has now been sold into the sole ownership of Bryan Drew. Trending Carragher blasts 'disgraceful' Spurs | Dyer: Conte was right Transfer Centre LIVE! Nagelsmann considers Spurs job Papers: Chelsea squad excited by potential Pochettino arrival Ten Hag: Man Utd showed we can bounce back | De Zerbi: We deserved to win Saliba expected to miss Arsenal's clash with Man City Horner reiterates claims over rivals contacting Red Bull sponsors What does all-Manchester FA Cup final mean for PL's European spots? Emergency alert: Spurs' issues can be seen at every level Hits and misses: How low could Spurs go? West Ham revived Kompany and Akpom lead Championship winners at EFL Awards Video Latest News Twitter Due to your consent preferences, you鈥檙e not able to view this. Open Privacy Options"As a result Bravemansgame is now able to be declared for races, including the Ladbrokes Punchestown Gold Cup at Punchestown on Wednesday. "The BHA remains in dialogue with the FCA and Mr Dance regarding the status of Mr Dance's other horses." Also See:Jockey Dean Holland dies after fall at Australian track Kitty's Light wins Scottish National after protestors storm track 
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Galopin Des Champs and Bravemansgame are set for a rematch in the Punchestown Gold Cup
Bravemansgame is expected to head to Ireland for a rematch with Cheltenham Gold Cup hero Galopin Des Champs. Sky Sports Racing's Matt Chapman reacted with delight at the news, tweeting: "Thank you Bryan Drew for freeing Bravemansgame for Paul Nicholls. Go conquer." 
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