 It was, however, supplied "gratis" by Bagot and Bennett, whereas P. B. Coglin, who had the lease for the "Old Course", demanded ₤1,500 for its use.A notable race held in this period was the 1865 Grand Steeplechase won by the horseman-poet Adam Lindsay Gordon on Cadger.The Club folded in 1869 through bankruptcy then was revived in 1873 after its debts were paid by a consortium of businessmen.