Enjoying retirement? Brian O'Driscoll's firm nets €3.6m profit
Published 22/07/2015 | 09:37
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.
Just over a year since hanging up his boots, the 36-year-old principal trading company, ODM & Promotions Ltd, have climbed to €3.6m according to its latest accounts.
During 2014 the value of the firm's investments increased from €1.6m to €2.1m - while its cash reserves fell from €1.37m to €942,777.
The accounts relate to BOD's final year as a professional rugby star.
O'Driscoll, who works as a presenter and pundit for Newstalk and BT Sport, set up the firm as a 22-year-old in 2001 not long after his hat-trick in Paris catapulted him into the public consciousness and just before his Lions Tour performance against Australia made him a global star.
O'Driscoll's former team mate Jonny Sexton isn't faring too badly either.
Sexton’s JAS Management & Promotions Ltd jumped by just under €400,000 last year to €861,000.
The firm's cash pile grew to €506,749 - while the value of its investments grew by almost 500 percent, increasing from €49,410 to €239,853.