Paul has ground concerns for more than a few of his runners but in among the team are a handful with good chances. Read our Ambassador's thoughts on his Gold Cup day runners here...
"Virak has always jumped well, is bang in form and given the deep ground he could be the pick of mine partnered by Lorcan Williams who is a talented young rider."
Ground could be against Divin Bere
14:10 - County Hurdle - Divin Bere
Was second in the Fred Winter a year ago but has struggled on deep winter ground in his two races since joining us.
It is not going to be ideal for him in this either so I am hoping against hope it might dry out a bit for him by the start of racing.
And it's a similar story for Brahms
14:10 - County Hurdle - Brahms De Clermont
The same comments apply to Brahms de Clermont, too, as his best form has been on decent ground. He was bit disappointing at Musselburgh early in February before warming up for this 11 days ago with a spin round Kempton in fourth place in a jumpers' bumper.
Improving Saphir Du Rheu would prefer better ground
15:30 - Cheltenham Gold Cup - Saphir Du Rheu
I'm thrilled with the way he has progressed since his comeback run behind Native River at Newbury just over a month ago.
I knew he would need that run because he came back into training late after sustaining an injury in the Grand National.
He still looked big in the paddock at Newbury but jumped and travelled well until tiring three out.
I've drilled Saphir Du Rheu since then and he has come on a bundle as I expected. He is fit and ready to go now and if the ground was good I'd be fancying him to run as well in this as last year when he was a close fifth behind Sizing John.
But once again the prevailing ground is a major worry.
Blooming Pacha has a chance
16:10 - Fox Hunters - Pacha Du Polder
Won this a year ago with the help of an inspired ride by Bryony Frost but his preparation for this has not been so straight-forward this time.
He definitely needed the run first time out at Doncaster 23 days ago partnered by his new jockey Harriet Tucker who has a tremendous record in local Point-to-Points.
Pacha Du Polder has turned inside out since then and has really bloomed in the past fortnight.
He has improved no end for the outing and is a lot sharper. While he can handle heavy conditions he would prefer drier ground than he will be racing on tomorrow. Solid claims.
Cheltenham form offers hope for Unioniste
16:10 - Fox Hunters - Unioniste
Has won his last two starts which has given him renewed confidence, he will love the ground and should give his enthusiastic owner rider David Maxwell a great spin in this race which has been his target all season.
Although this is a step up in class he has run well at Cheltenham before.
Soft ground bad news for Wonderful Charm
16:10 - Fox Hunters - Wonderful Charm
I've felt for some time that he was one of my best chances at the Festival but my confidence has been ebbing away over the last week with every drop of rain that has fallen.
Wonderful Charm finished fast and late in this last year to be a close second to Pacha Du Polder and he has had a better preparation this time.
He won easily at Musselburgh ridden by Sam Waley-Cohen, whose father Robert, the chairman of Cheltenham, is one of his part owners.
The horse is fresh and well but he has always had issues with his breathing which is put under pressure when the ground goes really soft.
Virak should relish Fox Hunters test
16:10 - Fox Hunters - Virak
Was in the grip of the handicapper last season but has found a new lease of life this spring in hunter chases. He qualified for this with a strong finishing run at Haydock last time over a trip short of his best, stays forever and relishes testing conditions.
Virak has always jumped well, is bang in form and given the deep ground he could be the pick of mine partnered by Lorcan Williams who is a talented young rider.
Back to hurdles for Brelan D'As
16:50 - Martin Pipe Handicap Hurdle - Brelan D'As
Hasn't quite cracked it over fences this winter so it makes sense to keep him a novice for next season. We are taking advantage of his entry in this which looks a typically competitive handicap, though it helps that Bryony Frost is in the saddle.
Amour De Nuit a potential non-runner
16:50 - Martin Pipe Handicap Hurdle - Amour De Nuit
Has been remarkably consistent all season and I've been looking forward to stepping him up in trip in this on good ground which he is obviously not going to get now.
I will check conditions on Friday morning before deciding whether to let him take his chance.
Le Prezien has good bank of course form
17:30 - Grand Annual - Le Prezien
I run three in this and feel they can all be competitive. Le Prezien has plenty of decent form at this course in top handicaps over further and we are bringing him back in trip now as this is sure to be run at a furious pace.
I can see him going well here provided he can cope with ground conditions which are softer than ideal.
Promising Dolos in with a shout
17:30 - Grand Annual - Dolos
Novices have a decent record in the Grand Annual and Dolos has shown plenty of promise in his three starts over fences.
He won nicely at Ascot in November and would probably have won at Sandown, too, last time but for stumbling on landing over the second last.
The form looks solid and he will handle the ground but his handicap mark has been creeping up.
Might not be fourth time lucky for Bouvreuil
17:30 - Grand Annual - Bouvreuil
Is another we are bringing back in trip to two miles. It is obviously encouraging that he seems to reserve his best for this course as he has finished in the money in all three visits to the Festival.
Crucially, though, all those three runs were on decent ground which is not the case this time.
So while Bouvreuil is fresh and well after a winter break he is yet another of mine who would prefer much better ground.