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Katie Taylor's title fights help Hearn's Matchroom Sport make pre-tax profits of £43m

Katie Taylor (right) and Chantelle Cameron in action at the 3Arena. Photo: Stephen McCarthy/Sportsfile

Katie Taylor's sell-out fight at Dublin's 3Arena in May last year, which earned €2.08 million at the box office, helped Eddie Hearn's Matchroom Sport Group post a pre-tax profit of £42.98 million (€50.2 million). .

Taylor is the best-known boxer for Eddie Hearn's Matchroom Sport Group.

The Bray fighter had two fights in the 12 months under review to the end of June last year, giving a boost to the revenues of the Matchroom Group's boxing division. The Matchroom website states that Taylor “changed the face of women’s boxing.”

She lost to Chantelle Cameron in the May fight at the 3Arena. This came after Taylor defeated Argentine boxer Karen Carabajal at the OVO Arena at Wembley Stadium in London in October 2022.

In November last year, Taylor defeated Cameron in their rematch, which also took place at the 3Arena. When asked about Taylor's next fight at a press conference last month, Hearn said Matchroom would return to Ireland “for a big show in May” but said he did not believe that would take place in Croke Park. The fight is likely to be the final part of the trilogy with Cameron.

New accounts filed with Companies House in the UK show Matchroom Sport posted sales of £280.7 million this year, with directors saying the group “has again reported strong results for the year”.

Income from Taylor's two fights during the year would have helped the group's boxing revenue rise by 65.6%, from £60.9m to £100.89m.

The accounts of Matchroom's boxing company, Matchroom Boxing Ltd, show the company made a pre-tax profit of £11.8 million in the 12 months to the end of June.

The boxing event promotion company has seen an increase in revenue despite the number of events falling from 37 to 28 shows last year.

A breakdown of the boxing division's revenue shows it made £40.23m in the UK, £3.6m in Europe and £57.02m in the 'rest of the world'.

The group's main sports are boxing, darts and snooker.

The directors reveal that the group's darts business contributed profits of £12 million during the year. Snooker contributed a profit of £1.36 million.

The group's strong performance enabled it to pay a dividend of £29.33m during the year.

The group employed 112 people last year and staff costs totaled £11.57m.

The company's directors' salaries totaled £4.86m, with the highest paid directors receiving £1.3m.

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