€650k investment sees sports website, Pundit Arena, double workforce

Irish sports media platform Pundit Arena has attracted the support of a number of big-name investors as part of a €650,000 investment that will see the company double its workforce.

Among those giving the UCC-founded sports website their backing are Conor Mallaghan, owner of the Irish rugby team’s base, Carton House, and serial entrepreneur, Colm Lyon.

Mr Lyon, who sold his online business Realex Payments to US firm Global Payments for €115m last year and led the Pundit Arena investment round, said he sees huge potential for the company to grow in 2016.