Brian O’Driscoll’s company profits climb to almost €900,000

Former Irish rugby international cuts wages and director pay as after-tax profit soars 29%

Brian O’Driscoll’s management company generates income from  his corporate speaking and rugby punditry. Photograph: Lorraine O’Sullivan/Getty Images

Brian O’Driscoll’s management company generates income from his corporate speaking and rugby punditry. Photograph: Lorraine O’Sullivan/Getty Images

 

After-tax profit at former Irish rugby international Brian O’Driscoll’s main company rose by 29 per cent last year to almost €900,000, accounts just filed with the Companies Registration Office show.

The accounts for the year to August 31st last show that ODM & Promotions grew profits to €899,710 during the period. It reported profits of €694,791 in 2019 and €596,006 in 2018.

The management company generates income from Mr O’Driscoll’s corporate speaking and rugby punditry. Accumulated profit at the company rose by 12 per cent from €7.2 million to €8.1 million.

Mr O’Driscoll is listed as a director of the company alongside his father, Frank O’Driscoll. They are listed as having received no remuneration last year, compared with payment of €265,008 in 2019.

The accounts also show the company employed an average of three people during the year, including O’Driscoll and his father, and significantly cut wages and salaries from €394,528 in 2019 to €77,698 last year.

Assets

Tangible assets, which include rented residences, were valued at €1.8 million, up from just over €1 million in 2019. Financial assets were valued at €3.7 million, and up from €3.1 million in 2019.

The company had cash in the bank and in hand of €2.5 million, which was up from €2.3 million the year before.

Mr O’Driscoll (42) played at outside centre for Ireland and Leinster. He captained his country from 2003 until 2012, and captained the British and Irish Lions for their 2005 tour of New Zealand.

He is the fourth most-capped player in rugby union history, having played 141 test matches, including 133 for Ireland and eight for the Lions.

He scored 46 tries for Ireland and one try for the Lions in 2001, making him the highest try scorer of all time in Irish rugby. He is the eighth-highest try scorer in international rugby union history, and the highest scoring centre of all time.