O'Driscoll's firm scores big jump in profits
Published 22/07/2015 | 02:30
Accumulated profits at Brian O'Driscoll's main firm last year soared by more than €100,000 to a whopping €3.6m as the rugby icon's massive earning power continued to pay rich dividends.
The profit jump at O'Driscoll's ODM & Promotions Ltd last year compares to profits increasing by €339,705 in 2013.
Co-incidentally, company figures for O'Driscoll's former Ireland team-mate Johnny Sexton were also made available yesterday and the new accounts show that it was a record year for JAS Management and Promotions Ltd, with accumulated profits soaring by €385,151 to €861,250.
O'Driscoll ended his stellar playing career with Ireland and Leinster last year and the accounts show that he was busy off the field making new investments. This is shown in the value of his investments going from €1.6m to €2.1m. At the same time, the firm's cash pile reduced from €1.37m to €942,777.
The cash pile at Sexton's firm jumped to €506,749, while the value of his investments increased almost five-fold from €49,410 to €239,853.