THE Derby picture is not much clearer now than it was six weeks ago. Indeed, it may even be murkier.

Gleneagles is a lot of things, he is an impressive Guineas winner, an impeccably-bred impressive Guineas winner who is as exciting a three-year-old colt as there is in training at present. But it is difficult to argue that he is a Derby horse. He may have too much pace to be a Derby horse.