Rory McIlroy's management company losses rise to $127m in 2016

Huge write-down in value of golfer's IP and trademarks generated hefty losses last year

Barry J Whyte

Chief Feature Writer @whytebarry
28th November, 2017
Rory McIlroy is a Nike brand ambassador

Losses at Rory McIlroy's management company have leapt to $127.1 million (€107 million), up from $19.5 million, after the write-down of intangible assets by $99.5 million in 2016.

Intangible assets mean McIlroy's image rights -- his intellectual property rights and trademarks -- which were valued at a total of $400.8 million in 2015.

During 2016, however, that value was slashed to $280 million in 2016, with the value on his intellectual property rights falling from $355 million to $233.5 million, and...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The twelve deals of the year

Alphabet soup: 2021 in review

EY reports €393m revenues in Republic of Ireland for 2021 financial year