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Monday 23 October 2017

Dunphy to reap €430k after firm wound up

Eamon Dunphy
Eamon Dunphy

OUTSPOKEN RTE soccer pundit Eamon Dunphy is in line for a windfall of more than €430,000 after the voluntary winding-up of his media firm.

It comes as Mr Dunphy's autobiography 'The Rocky Road' is due to be published by Penguin Ireland on October 7 – with the company claiming the book is "one of the most hotly anticipated Irish autobiographies of recent times".

In documents lodged with the Companies Office, they show the 68-year-old has moved to wind up his media company, Mac Consultants Ltd.

The figures show that on August 31, the firm had €513,000 in cash in the bank.

After paying out €74,000 to unsecured creditors and €6,000 in liquidation costs, Mr Dunphy will be left with €433,000 at the end of the process.

The closure of Mac Consultants Ltd forms part of a re-organisation of Mr Dunphy's company affairs, as separate documents lodged by the retired professional footballer show that he has established a new media firm, Festuca Ltd.

Documents confirm that this firm was incorporated on September 4 last, with its main activity the carrying out of journalistic services.

The most recently filed accounts for Mac Consultants Ltd for the 12 months to the end of December 2011 show that the firm had accumulated profits that topped €500,000.

Along with his RTE deal to provide punditry across TV and radio, Dunphy also has a lucrative contract with the 'Irish Daily Star' to write columns on soccer and politics.

- Gordon Deegan

Irish Independent

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