Katie Taylor's sell-out bout at Dublin's 3Arena in May last year that grossed €2.08m at the box office contributed to Eddie Hearn’s Matchroom Sports Group recording pre-tax profits of £42.98m (€50.3m).
Taylor is Eddie Hearn's Matchroom Sports Group's most high profile female boxer and the Bray boxer 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.
The Matchroom website states that Katie Taylor "has changed the face of women's boxing".
In the 12 months to the end of June last, Taylor lost out in the May bout to Chantelle Cameron at the 3Arena and this followed Taylor defeating Argentine boxer, Karen Carabajal in October 2022 at the OVO Arena, Wembley in London.
Last month at a press conference, when asked about Katie Taylor’s next bout, Eddie Hearn said that Matchroom will be returning to Ireland "for a big show in May" but stated that he doesn’t think it will be staged at Croke Park.
The fight is likely to be the final instalment in the trilogy with Chantelle Cameron after Taylor avenged May's defeat last November at the 3Arena in Dublin.
New accounts lodged with Companies House in the UK show that Matchroom Sports recorded revenues of £280.7m (€328.6m) for the year with the directors stating that the group "have again reported strong results for the year".
Revenues from Katie Taylor’s two bouts during the year would have contributed to the group’s boxing revenues rising by 65.6% from £60.9m to £100.89m.
The accounts for Matchroom’s boxing entity, Matchroom Boxing Ltd show that it recorded pre-tax profits of £11.8m in the 12 months to the end of June last.
The boxing event promotions company recorded the surge in revenues despite the number of events declining from 37 to 28 shows last year.
A breakdown of boxing unit’s revenues show that £40.23m was generated in the UK, £3.6m in Europe and £57.02m in 'rest of world’.
The Matchroom Sport Group is one of the leading independent producers and suppliers of televised sports programming in the world, annually producing in excess of 2,000 hours of original sports footage.
The group’s main sports are boxing, darts and snooker and the directors disclose that the group’s darts business contributed £12m in profits during the year, with snooker contributing a profit of £1.36m.
The strong performance of the group allowed it to pay out a dividend of £29.33m during the year. The group employed 112 last year and staff costs totalled £11.57m.
Pay to directors at the business totalled £4.86m with the best paid directors receiving £1.3m. Five directors served during the year with another four appointed on July 1st last.
The group made charitable donations of £362,166 during last year.
- report Gordon Deegan
