Pipe has always held a valuable edge in the numbers game, but as halfway approaches his 170-horse yard is beginning to resemble Anfield with plenty of expensive signings yet only a handful who can be relied on to score at the highest level. By contrast, Nicholls is doing a fair impression of Chelsea manager Claudio Ranieri as he tries to shuffle a pack containing a team of stars that is the envy of every jumping yard in Europe. "It's taken time and hard work from a lot of people to get to where we are at the moment, but we've obviously got a lovely team of horses," he said.