And finally…Scots tennis champ Murray’s company now worth £16m
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Andy Murray’s company, which channels the current Wimbledon champion’s off-court income but does not include the millions he has earned in tournament prize money, is now worth £16 million following a year of lucrative sponsorship and merchandising deals.
Latest accounts for the 29-year-old’s firm 77 Management show that it made a profit of £3.4 million after tax for 2015, up £500,000 from the previous year.
The company also has “tangible assets”, thought to be a property investment portfolio, worth £8.5 million but owed more than £8.5 million to creditors.
The company also controls the Cromlix hotel near his home town of Dunblane, Perthshire.
Murray bought the hotel in 2013 for almost £2 million.
However, the value of the company has soared from £13,069,532 to £16,438,039 although its turnover for the year was down from £7,271,101 to £6,948,818.
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