Business Irish

Wednesday 21 March 2018

Profits rise at Jamie Heaslip's firm as cash piles up

Jamie Heaslip
Jamie Heaslip

Gordon Deegan

Accumulated profits at the firm owned by former Irish rugby captain Jamie Heaslip topped €60,000 last year.

Last week, the IRFU broke its pay structure to keep the Leinster No 8 in Ireland after he signed a new deal believed to worth more than €1.5m over three years.

Now, new figures show that the cash pile at Heaslip's firm, Sabra Management, increased almost twenty-fold to €39,090 in the 12 months to the end of last June.

New accounts show that the firm's accumulated profits increased marginally from €58,310 to €60,168.

The figures show that the value of the firm's investments last year totalled €20,000 compared with €95,000 in 2012.

The 30-year-old's business interests include a share in the expanding Jo-Burger firm that includes Dublin restaurants Crackbird and Skinflint.

The new deal with the IRFU will keep the Naas native in Ireland until 2017 with the deal allowing the player to keep control of his image rights and receive a retainer. Heaslip signed the deal after spurning advances from top French side Toulon.

Irish Independent

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