Latest news with #Obsessed:TheAutobiography
Irish Independent
21 hours ago
- Business
- Irish Independent
Johnny Sexton's management company records a six-figure profit
Sexton retired from playing during the year under review, in October 2023, following the Rugby World Cup. New accounts filed by JAS Management & Promotions Ltd show that it then recorded bumper profits for the 12 months to the end of last September. The €425,952 post-tax profit followed a post-tax loss of €83,240 in the prior year – a positive swing of €509,192. The profit for last year resulted in the firm sitting on accumulated profits of €2.67m at the end of last September. Cash funds at the company last year more than halved from €1.3m to €554,744, while during the same period the value of the company's financial assets increased by €1.22m from €881,826 to €2.11m. Sexton's memoir was Ireland's biggest selling non-fiction title of 2024 The accounts – signed off by directors Johnny Sexton and wife Laura on August 6 – show that aggregate pay to directors last year decreased sharply from €322,334 to €238,606, made up of emoluments of €63,759 and pension contributions of €174,856. Sexton – who turned 40 last month – added to his company's coffers in the current financial year with sales from his book Obsessed: The Autobiography, which was the biggest selling non-fiction title of 2024 in Ireland. Its release in paperback resulted in a fresh surge in sales. The former Ireland outhalf will also have benefited from the Government's innovative tax relief programme – introduced in 2002 – for professional sportspeople which allows them to receive a generous tax refund in the year they retire permanently from their sport. The tax relief has helped efforts by the Irish Rugby Football Union (IRFU) to keep Ireland's top rugby players at home, as they can claim the tax relief on their earnings in Ireland over a 10-year period of their careers. After retiring from the game in October 2023 following Ireland's loss to New Zealand, Sexton took up a senior role with glass bottle and tin-can maker Ardagh. Earlier this year Sexton was added to the British and Irish Lions coaching ticket ahead of taking up a full-time coaching role with the Ireland rugby team this month, as well as working with men's and women's senior and age-grade teams. He has been working with the Ireland men's squad in a part-time coaching capacity since the 2024 autumn series. Sexton set up his professional management firm in 2010 to handle earnings from commercial ventures such as sponsorships and image rights.
RTÉ News
a day ago
- Business
- RTÉ News
Profits at Johnny Sexton management firm surge by €425,952 to €2.67m
The management company owned by former Ireland rugby captain Johnny Sexton recorded post tax profits of €425,952 last year. Sexton retired from playing during the year under review in October 2023 following the Rugby World Cup and new accounts filed by Sexton's JAS Management & Promotions Ltd show that it recorded bumper profits for the 12 months to the end of September last. The €425,952 post tax profit followed a post tax loss of €83,240 in the prior year - a positive swing of €509,192. The profit for last year resulted in the firm sitting on accumulated profits of €2.67m at the end of September last. Cash funds at the company last year more than halved from €1.3m to €554,744 while during the same period, the value of the company's financial assets increased by €1.22m from €881,826 to €2.11m. The accounts - signed off by directors, Johnny Sexton and wife Laura Sexton on August 6 - show that aggregate pay to directors last year decreased sharply from €322,334 to €238,606 made up of emoluments of €63,759 and pension contributions of €174,856. Sexton added to his company's coffers in the current financial year with sales from his "Obsessed: The Autobiography" by Johnny Sexton which was the biggest selling non-fiction book of 2024 in Ireland. The paperback release of the book - which won Eason Sports Book of the Year at An Post's 2024 Irish Book Awards - in May of this year resulted in a fresh surge in sales. Sexton also benefited from the Government's innovative tax relief programme - introduced in 2002 - for professional sportspeople which allows them to receive a generous tax refund in the year they retire permanently from their sport. After retiring from the game in October 2023 following Ireland's World Cup loss to New Zealand, Sexton took up a senior role with glass bottle and tin-can maker Ardagh. However earlier this year, Sexton was added to the British and Irish Lions coaching ticket ahead of taking up a full time coaching role with Ireland rugby team this month as well as working with men's and women's senior and age-grade teams. The former Leinster out-half had been working with the Ireland men's squad in a part-time coaching capacity since the 2024 Autumn Nations Series. Sexton, a former World Rugby Player of the Year, was appointed Ireland captain by Andy Farrell in January 2020. Sexton is one of Irish Rugby's most decorated players and led Ireland to a Grand Slam in 2023 and won four European Rugby Champions Cups with Leinster.
