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'Life teaches us we never know what's coming our way'

My Money


Paul Dempsey

Paul Dempsey

Paul Dempsey

Paul Dempsey is a BT Sport presenter and a football and boxing commentator.

Dempsey was born in London and now lives on the Dublin-Wicklow border. He is married and has two children.

BT Sport offers live sport programming including the English Premier League, Emirates FA Cup, boxing, Heineken Champions Cup and MotoGP.

What's the most important lesson about money which your broadcasting career has taught you?

You have to be brave and resilient when buying rights for hundreds of millions of pounds.

At Sky in the early years, we heard that our owner Rupert Murdoch was being hounded by his bankers, who were in a bid to close Sky down - to stem massive losses.

His reply was: "Whatever else goes, Sky stays. It's the future." Inspirational words.

The best advice you ever got about money?

If you're having a hard time, don't panic - and engage with your creditors. I got that advice from my accountant, uncle and friend Frank Dunphy.

What's the most expensive place you have ever visited?

Las Vegas. Before lockdown, my last big job was the Fury versus Wilder fight in Las Vegas. I couldn't believe how much Las Vegas had changed from my early jobs there. It costs $7.50 (€6.55) for a coffee. Not that Ireland is cheap.

What's the most expensive thing about being a parent?

There's something [to pay for] every day!

Apart from property, what's the most expensive thing you have ever bought?

We've had a few good holidays.

What was your worst job?

I did a lot of physical labouring jobs in my late teens and learned to respect the men doing that for the rest of their lives. Winters back then seemed much colder than nowadays.

What was your biggest financial mistake?

Every time a business project goes wrong, it hurts. I really admire people who pick themselves up and go again.

What was your best financial killing?

Recently at Birmingham Airport, I found a magazine with a collection of original interviews and features charting the rise of The Who in the 1960s. To me, it's priceless. It only cost a fiver though.

Are you better off than your parents?

My parents were part of a generation of emigrants who had very little. I am immensely proud of their honesty and hard work. Most of the people we grew up with were the same.

If you won the Lottery, what would you do with the money?

Spoil the wife and kids for putting up with me for so long. Look after some people who need it. Then go to Brazil and think about what to do next. We have been told by my wife's hairdresser that Vitoria is the place to head for.

Have you ever made an insurance claim?

Yes - because we're good at getting flooded in our house. The chimney went on fire recently, but we're not claiming for that.

What was the last thing you bought online?

I have never bought anything online. The wife and kids do quite often though.

Would you buy property now?

I don't think so. There are too many places I would like to visit instead.

Do you ever haggle?

Yes - at work all the time. You have to in our business. It's so much tougher than 25 years ago.

Are you a spender or a saver?

I am a saver. Life teaches us we never know what's coming our way.

What three things would you not be able to do without if you were tightening your belt?

Coffee. Running shoes - for walking in. Music by The Who.

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