Mengli Khan has had his price slashed for the Racing Post Arkle at Cheltenham after a superb performance at Punchestown on Wednesday.

The five-year-old was making his debut over fences in County Kildare, and romped home to victory – ten lengths clear of closest rival Forge Meadow.

Gordon Elliott’s charge had placed third in the Supreme Novices’ Chase at Cheltenham last year, and is known to be targeting the Racing Post Arkle this time around.

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Quoted by Sporting Life, the Gigginstown chief Elliott was glowing with adulation for his horse:

I thought it was a good performance. When he had something to aim at he winged fences. Davy said they just weren’t going quick enough down the back and he let him stride on. He jumped the fourth-last and third-last very well, and he went to pop the last two which he’ll probably learn from.

It’s hard to believe he ran on the Flat as a two-year-old, but he looks to be a chaser with the big bone of him. He took to that well. I’d say he’ll go straight to Leopardstown at Christmas now. The scope he showed is what really impressed me.

With Leopardstown the next destination for the talented prospect, Elliott will be hoping for another imperious performance.