Business Irish

Wednesday 16 October 2019

Cash boost for rugby star Murphy

Gordon Deegan

Irish rugby star, Geordan Murphy, who announced his retirement from the sport this week, can console himself with his firm which is sitting on a cash pile of €440,000.

Accounts filed by the full-back's eponymous firm, Geordan Murphy Ltd, show that it increased its cash pile during the year from £199,742 to £373,152.

The figures show that the company's accumulated profits increased by £48,778 to £306,130 in the 12 months.

The Naas-born player confirmed he will retire from club rugby with Leicester at the end of the season.

The 35-year-old, who won 72 caps for Ireland, has been troubled by a knee injury for much of the year and is expected to take a role as a skills specialist on the club's coaching staff.

He made more than 320 appearances for Leicester, with his decision to retire announced as they prepare for an Aviva Premiership play-off clash against Harlequins tomorrow. Murphy also played in two British and Irish Lions Tests.

The abridged accounts filed with the Companies House in the UK show that Murphy has a 25pc share in an Italian restaurant business, Timo.

The figures show that the firm in its most recent period recorded a loss of £36,044.

Irish Independent

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