Mr. Michael Grassick:

We will always protect our reputation but if anybody does anything wrong, they have to be dealt with. We cannot support any wrongdoing, whether by members or non-members. We have a wonderful industry, as the Deputy said. We are world leaders in racing from a small nation. Our reputation is important because we sell our horse stock all over the world. The number of international owners who come to have their horses trained in Ireland is incredible, both for the flat and national hunt. It is our reputation that brings these people to this country, both to have their horses trained and to buy our horses. That has not diminished no matter what has been said in the newspapers. We are still trading. It is unfortunate this is taking place. To me, it is unfair if all it is is rumours. That is all.