Accumulated profits at boxer Katie Taylor's property letting firm dipped to €1.57m last year.
New accounts filed by the Olympic gold medal winner and current undisputed World Lightweight champion’s KT Sports Ltd show that it recorded losses of €45,845 in the 12 months to the end of June last.The accounts state that the principal activity of the firm is property letting and until late 2022, the firm also sold Katie Taylor apparel online.
In the year under review, Taylor provided the Live Nation owned 3Arena in Dublin with its most lucrative night of 2023 with the first bout last May with Chantelle Cameron where the Bray boxer lost the fight but won at the box office with the bout generating €2.08m.Box office payouts are shared between fighters, promoter and the venue along with ticket seller.
The cash funds at KT Sports last year decreased from €776,070 to €685,129 while the amount owed to the company by debtors increased from €86,636 to €136,870The loss of the past four years at the company followed a number of years of profit - €174,899 in 2019, €37,369 in 2018, €110,075 in 2017, €262,180 in 2016, €250,000 in 2015; €303,931 in 2014 and €180,996 in 2013.
Taylor is Matchroom Sports Group's most high profile female boxer and the Bray fighter had two bouts in the 12 months under review to the end of June last that provided a boost to the Matchroom group’s boxing division revenues.
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