Rugby star has €440k reserve

Irish rugby star, Geordan Murphy, who announced his retirement this week from professional rugby, can console himself with his firm sitting on a cash pile of €440,000.

Accounts filed by the full-back’s firm, Geordan Murphy Ltd show the firm had a cash pile of £373,152 at the end of June last.

The figures show the firm’s accumulated profits increased by £48,778 to £306,130 in the 12 months.

The former Ireland international confirmed he will retire from club rugby with Leicester at the end of this season.

The 35-year-old, who won 72 caps for Ireland, has been troubled by a knee injury for much of the year and is expected to take up a role as a skills specialist on the club’s coaching staff.

The Naas-born player made more than 320 appearances for Leicester, with his decision announced as the club prepares for an Aviva Premiership play-off clash against Harlequins this Saturday.

The figures for Geordan Murphy Ltd show the firm increased its cash pile during the year from £199,742 to £373,152.

The abridged accounts filed with the Companies House in the UK show Murphy has a 25% share in a restaurant business, Timo’s Restaurant Ltd.

The figures show the firm in its most recent period recorded a loss of £36,044.

Along with winning the 72 caps for Ireland, Murphy played in two British and Irish Lions Tests.

Murphy made his Leicester debut in 1997 and went on to score 691 points, including 93 tries. He has collected seven league titles and two European titles.

Speaking this week, Murphy said: “Every player wants to play on forever but, unfortunately, your body just doesn’t let you do that.”

“It is with a very heavy heart that I have had to accept defeat and announce that I will retire from playing this season.”


Lifestyle

Yvonne Young, group assistant director of nursing, University of Limerick Hospitals Group and National Sepsis TeamWorking Life: Yvonne Young, group assistant director of nursing

More From The Irish Examiner