John O’Shea scores as his firm’s profits rise to €1.3m

Ireland’s 100-cap soccer hero of Gelsenkirchen, John O’Shea, has reason to smile, with accumulated profits at his firm jumping to €1.3m last year.

John O’Shea scores as his firm’s profits rise to €1.3m

The 33-year old Co Waterford man celebrated his 100th cap in October when he snatched a last-gasp equaliser against World Cup winners Germany.

New accounts lodged by O’Shea’s Sheazy 22 Ltd to Companies House in the UK show he has been prudent in his finances as he enters the latter phase of his playing career.

The company’s accumulated profits increased by £125,946 (€173,487) from £823,054 to £949,000 (€1.3m) in the 12 months to the end of June last.

O’Shea is a lynchpin in Martin O’Neill’s team, and the size of the centre-back’s bank balance has increased sharply since he transferred to Sunderland in July 2011 to sign a four-year contract for an undisclosed fee after a medal-laden time at Old Trafford. The figures show that last year, the firm’s cash pile reduced from £863,090 to £577,384.

However, at the same time, the money owed to the firm by debtors rose sharply from £52,560 to £461,742. The accounts also show that O’Shea owed the firm £414,942 at the end of June last and the entire amount was repaid to the firm within nine months.

The dramatic improvement in the firm’s finances coincided with O’Shea’s move to the north-east from Manchester Utd. The accumulated profits at the firm have climbed steadily from £523,179 in 2011 to £949,000 last year.

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