In China and Taiwan pigeon racing attracts huge betting.
In both countries, particularly China they have mega rich fanciers who buy the birds as prestige over their fellow fanciers.
The price paid is a prestige buy, and the money is back pocket because of their huge wealth
Their loft set ups are managed by several employed as loft managers.
The bird will be in a special aviary and not fly in open. It will have several ladies to keep it busy and the offspring will sell at high prices and some raced. Lucky pigeon. Lucky owner who it was bought off.
Massarella stud at Leceister are the biggest buyers in England and they are outstripped with the Chinese
Even so they bought a pigeon in the old days which set the record at £10,000 and flew to Belgium and picked it up
So our Chinese owners may take pigeon flying up
A fancier in Belgium packed in and sold his birds for several million pounds recently , and Massarella bought some and the youngsters off them are on sale now at around £500 each. People who buy them will not race them but sell young off them, poor man making a bit. Hence a lot of these sort of pigeons are what we call paper pedigree birds and do not race at all but are sold down the line for mini prestige.