“We have had an arm’s length of very sad stories on what can possibly go wrong,” Matthews recalls.
“Over a period of time if you do not have much luck, you learn a lot about the anatomy of a horse.
“I have always just wanted to chip away and live in the hope that one day you might be able to get into a decent horse.”
Matthews owns a five percent share in Annie One Ready and had similar stakes in other gallopers he previously raced.
But, as syndication and micro-syndication has proved in recent years, the percentage owned is largely irrelevant as owners feel 100 percent part of the journey.
‘I have always had a passion for the animal but you work within your means when it comes to ownership,” he said.
“It has always been a small little bit of ownership at the end of the day.
“But, the heartache isn’t proportional to the ownership stake.
"It has been a long, long journey but at the same time, you became very appreciative of some things that people take for granted like those that buy into a good horse or syndicate early on in their journey.