Harry Redknapp Horse Racing Business Records Huge Losses

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Harry Redknapp Horse Racing Business Records Huge Losses

It has been revealed that the King of the Jungle Harry Redknapp, encountered a loss of £130,000 in just two years involved in racing with his business - Three Kings Racing Partnership.

The sharing ownership - which the former Tottenham and Portsmouth manager setup near his home in Dorset, has amassed a total loss of £128,344, with £71,596 of that falling between the space of two weeks in August of 2017.

Despite winning the ITV series at the back end of last year and being rewarded with a cheque for over £500,000, Redknapp is looking to add further finances to reinvest in his hobby, by starring in a series of sports-themed McDonald's commercials this spring.

The 71-year-old has had some small success to shout about on the racetrack with the 7yo This Is It, who landed a Class Four Handicap at Exeter last campaign, but will be hoping for much much more in the near future.

Harry’s trainer Nick Mitchell said recently: “We’re not trying to spend hundreds of thousands of pounds on horses, we’re looking for value on nicely bred, good-looking horses who have futures, and that’s what we’re about.

“That’s the sort of horse I like and that Harry likes. The yard is only half an hour from his house.

“So he comes out to our yard and he’s very much interested in all the horses, not just his. He’s a really decent man to work with," he finished.

Redknapp revealed on his guest appearance on ITV Racing's Opening Show last week, that he has been a long fan of horse racing over the years.

He shared how he was conned for over three years by a man imitating a jockey, who he bankrolled in return for 'reliable' racing tips, only to find out the jockey was in fact posing as a fake the entire time.

In the jungle, Harry told his fellow campmates stories on how former boss Sir Alex Ferguson persuaded him to watch a 2.45pm race in his office while their Tottenham and Manchester United teams trained and headed out on the pitch to play in the Premier League at Old Trafford.

The likes of Michael Owen and Charlie Austin have found their way in the horse racing ownership sphere from a football background, and perhaps in the future we will see something special unfold from the Redknapp yard.

Both son Jamie and wife Sandra are keen to get involved too, and are regularly seen on the racecourse setting.

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