Rory McIlroy's firm sees revenues rise to €16 million

Revenues at superstar golfer, Rory McIlroy’s management and image rights firm last year soared almost three fold to $17.64m (€16m). That is according to new accounts which show that the Dublin based Rory McIlroy Management Services Ltd last year recorded a pre-tax loss of $6.29m.

However, the pre-tax loss arises after a non-cash write down of $18m in the golfer’s image rights during the year in accordance with accountancy rules. The accounts disclose that the cash generated by the company from operating activities after tax totalled $12.9m for 2018.