Teddy Grimthorpe believes the appointment of James Doyle as retained jockey for Khalid Abdullah's UK-trained horses is an indication the Saudi prince intends to remain involved with British racing for the foreseeable future.
Earlier this year news broke that Abdullah was looking to sell off some of his Juddmonte breeding empire, sparking speculation that it could also signal a winding down of his racing operation.
However, his racing manager Grimthorpe has suggested nothing could be further from the truth and that the famous green, pink and white silks would be around for a few more years yet, at least.
"James has been a promising young rider and Prince Khalid is always looking to the future and I think the decision was taken with that in mind," Grimthorpe told At The Races.
"I think everybody got over excited (when news of Juddmonte's dispersal sale broke), everyone was putting two and two together and making different combinations.
"What Prince Khalid does with his bloodstock is entirely his decision and how he wants to run it. We've sold some very good horses in the past, both as fillies and as racehorses so from that point of view nothing much has changed.
"As for the future I'm sure he's got plenty to think about and James is an indication that he intends to remain in the game.
"He will be riding all the Abdullah UK-trained horses."