McGregor pub posts loss

Investment costs contributed to the company operating Conor McGregor’s pub venture, the Black Forge Inn, to record losses of €441,649 last year.

The Mixed Martial Arts fighter acquired the Crumlin pub last year and McGregor’s Jemi Ventures Ltd recently secured planning permission from Dublin City Council for a large extension to the premises.

The new accounts filed by Jemi Ventures Ltd put a book value of €3.64m on the pub building and tangible assets at the end of last year.

The loss for last year includes a non-cash depreciation charge of €317,262.

Buildings owned by the company had a book value of €2m while fixtures and fittings were valued at €1.63m.

The pub didn’t open until July of this year after a seven-figure make-over of the premises.

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Posted: 15/12/2021 08:12