Wednesday 26 October 2016

G-Mac enjoys a nice wedge as his commercial firm's profits top $12m

Gordon Deegan

Published 25/09/2015 | 02:30

Graeme McDowell
Graeme McDowell

Graeme McDowell may be experiencing patchy form on the golf course in 2015, but he can console himself with accumulated profits topping $12m (€10.68m) at his commercial firm.

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This follows new accounts filed by the US Open winner with Companies House showing that G-Mac's Boyport Services recorded accumulated profits last year reducing from $13.2m to $12m.

The drop in profits follows a stellar 2013 enjoyed by the firm when profits jumped by $3m.

During 2014, the cash pile at the Portrush man's firm reduced from $5.72m to $4.18m.

Meanwhile, the value of investments at the firm jumped by more than $600,000 to $6.879m.

Last year was the final year McDowell's career off the golf course was guided by the Dublin sports agency, Horizon Sports Management, that was spurned by his friend, Rory McIlroy.

In August of last year, McDowell announced the parting of the ways with Horizon confirming that he was to manage his own commercial interests from the start of 2015.

Irish Independent

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