More Of That is "very much odds against" running in the Ladbrokes World Hurdle at the Cheltenham Festival on March 12, according to regular jockey Tony McCoy.

Jonjo O'Neill's seven-year-old defeated top mare Annie Power in the race last season, when ridden by Barry Geraghty, but was comprehensively beaten on his return to action at Newbury in November and has not run since.

The JP McManus-owned More Of That also bled after exercise last week to leave connections chasing the clock in order to prove his fitness for the Festival.

McCoy blogged on www.thejockeyclub.co.uk: " Sadly, More Of That bled in his work last week, which is hugely disappointing. Whether he gets back in the given time is very much odds against at the moment."

The 19-times champion jockey snubbed More Of That in preference for At Fishers Cross in last season's World Hurdle, but he could only finish third.

Rebecca Curtis' stayer has struggled this term, with McCoy distinctly nonplussed by his no-show at Haydock last Saturday.

He said: "At Fishers Cross ran deplorably bad at Haydock over the weekend - that is the only way of describing it - and he is long way off being a World Hurdle contender at the moment."