Thoroughbred owner Ahmed Zayat announced Tuesday he has hired Bradley Weisbord as finance and stallion general manager for Zayat Stables.

According to the press release, Weisbord, an analyst for Thoroughbred Daily News and Executive Bloodstock Management, will oversee all financial aspects of Zayat Stables.

Zayat declared Chapter 11 bankruptcy earlier this month to block a takeover of his 200-plus horse stable by Fifth Third Bank, which is suing him. Fifth Third alleges that Zayat defaulted on $34 million in loans. Zayat has said the bank reneged on a deal to restructure the loans.