Conor McGregor’s Company Reports A $300,000 Loss – But Does It Really Matter?
Conor McGregor public persona is a constant rollercoaster with no signs of slowing down. He probably isn’t hurting for money, but his business enterprise – McGregor Sports and Entertainment Ltd – isn’t doing so hot at the moment, according to figures recently made public.
According to the Irish Times, new public figures show that Conor’s McGregor Sports and Entertainment Ltd recorded losses of €309,462 in the 12 months to the end of December last.
The Irish Times adds: Accumulated losses increased from €354,708 to €664,170 for 2018. The €309,462 loss last year followed a loss of €470,923 in 2017.
That’s chump change to McGregor, however, who earned earned a $3 million fee for fighting Khabib Nurmagomedov in 2018. With a PPV earnings, McGregor is estimated to have raked in over $30 million from UFC 229 alone. McGregor’s multi-year endorsement deal with Reebok is worth an estimated $5 million, according to reports, and somehow has endured McGregor’s tumultuous year, including when he sucker punched an elderly man in a bar for not drinking the fighter’s own Proper 12 whiskey.
Speaking of Conor McGregor’s whiskey, Proper 12: Let’s not forget about his business ventures in the booze: Earlier this year, McGregor claimed that Proper 12 has done over $1B in over the course of a year.
…That’s a lot of fooking whiskey, mate.
Last week, Dana White said that Conor McGregor would probably return to the Octagon in 2020. It’s sure to be a huge payday for McGregor no matter who he fights (…please let it be Khabib again).
Meanwhile, McGregor Sports and Entertainment Ltd is hurting for cash:
The new accounts – approved by the company’s directors last Friday – show that the cash pile at McGregor’s firm last year plummeted from €324,438 to €1,761.
Gonna be interesting to see what happens next in the man’s never-ending saga.