Monday 3 November 2014 09:47, UK
Value At Risk, a useful bumper performer last term for Philip Fenton, has joined Dan Skelton's team.
Owner Marc Huglin has switched his five-year-old to Skelton's care following Fenton's conviction for possession of illegal medicines at a district court in Ireland last month.
Value At Risk won twice last term and finished third at the Punchestown Festival when last seen and Skelton is now keen to turn his attention to hurdling with his new recruit.
Skelton told the Daily Mail: "Value At Risk is very high calibre. We will be going novice hurdling with him and he has come in fit.
"We would like to get him out pretty soon so that if we want to go for a good novice hurdle later in the winter we can.
"The guy who owns and bred him is a bit nervous that the quicker spring ground is not really his cup of tea.
"So, although we have big novice hurdle aspirations in the spring, they would not be the be all and end all. We have one eye on chasing the following season."
