Brian O’Driscoll’s rugby app takes a hit
Former Ireland rugby captain Brian O’Driscoll’s part owned App Company has taken a hit.
According to the Sunday Times, the company has accumulated losses of over €460,000. O’Driscoll owns 45% of ‘Ultimate Rugby’, an app that provides fans with news, fixtures and information on international rugby teams.
The other 45% of the app is owned by technology entrepreneur, Ray Nolan. The company also reported a loss of over €260,000 in 2013.
That same year, the company was partly financed by interest-free loans from other countries controlled by Nolan.
Nolan has said that company’s profits have “improved” following their most recent account figures. "The company is now profitable," he told the Sunday Times. He added that figures were “well ahead” of their projected profitably timeline, and that the company was looking forward to a “healthy 2015.”
"We are here for the long haul," he added. Nolan has frequently praised the app; once saying it was "the number one rugby app in the world." He pointed out that it had high user ratings and 1 million installations.
The app was originally launched in late 2012.
"We both realised that there are many apps on teams and leagues and decided what was missing was one all encompassing app,” O'Driscoll told technology news site Silicon Republic.
The rugby app contains up-to-date details on many competitions including the European Championship Cup and Six Nations, according to Nolan.