Saturday 20 January 2018

Katie Taylor boxes clever with massive profits at her firm last year

Katie Taylor lands a punch on Milena Koleva during their fight
Katie Taylor lands a punch on Milena Koleva during their fight

Gordon Deegan

New accounts show that the Olympic gold medal winner was a top earner in 2016 - even before her decision to turn pro last October.

The accounts for KT Sports Ltd show that accumulated profits at the firm increased by €262,180, going from €1.203m to €1.466m in the 12 months to the end of June last.

During the year, the cash pile at the firm jumped from €925,952 to €1.247m.

The accounts show that Taylor's first defeat in five years in the ring - in April of last year in an Olympic qualifying tournament - and a second defeat at the world championship lightweight semi-finals in May have done little to dent the boxer's earning power.

The profits at the firm last year of €262,180 compare favourably to the profits enjoyed during steady years of growth for the company as the Wicklow boxer has continued to reap the dividends from her historic 2012 Olympic Gold win in London.

The profits last year follow profits of €250,000 in 2015; €303,931 in 2014 and €180,996 in 2013.

The 30-year-old turned pro last October and has won all five fights and is aiming for a world title fight later this year.

Katie's mother, Bridget Taylor also sits on the board of the firm and pay to the two last year totalled €52,696.

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