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24 Sep, 2018

McGregor’s promotion company posts six-figure loss

Financial Report0 Comments

McGregor Sports and Entertainment Ltd’s new accounts – approved today by the company’s directors – show the company had accumulated losses of €354,708 at the end of December 2017, compared to accumulated profits of €116,215 the year before – a negative swing of €470,923. McGregor is listed as the sole shareholder in McGregor Sports and Entertainment Ltd, but the accumulated losses are not expected to affect him much as his reported net worth is around €85m.

The company sells the MacTalk app on iTunes for $0.99 and runs the website themaclife.com, McGregor’s dedicated media brand that focuses on news surrounding McGregor, mixed martial arts, and health and fitness. It generates money through ads and helps promote McGregor’s fights and his products. McGregor also has millions of followers on Instagram, Facebook, and Twitter, making him worth tens of millions to his sponsors. He is currently sponsored by fast-food giant Burger King, headphone company Beats by Dre, and energy drink producer Monster Energy, among others. McGregor is listed as the sole shareholder in McGregor Sports and Entertainment Ltd.

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