Pre-tax profits at the Irish branch of the football super agency Gestifute, which represents Cristiano Ronaldo, last year soared by 26.7pc to €25.97m.
New accounts filed by Gestifute International show it enjoyed soaring pre-tax profits after its operating profit climbed from €20.5m to €25.73m.
The Dublin firm paid €20m during the year in dividends to its shareholders and this followed the company paying out €12m in dividends in 2015 and €6m in 2014.
Gestifute was founded by super agent, Jorge Mendes who represents Ronaldo (pictured) along with Manchester United manager Jose Mourinho and a host of other international players. The Irish company's principle activity is providing consultancy and marketing services to professional sports people and sporting organisations.
The directors state that the results for the year were considered satisfactory.
Gestifute International had accumulated profits of €16.53m while its cash pile soared from €202,986 to €7.22m.
The accounts show that the firm's tax bill for 2016 totalled €3.28m arising from Ireland's competitive 12.5pc corporate tax rate.
The company's controlling party is Start SGPS, a Portuguese-registered firm that is Mendes's holding company for his businesses in sport.
The accounts show that one of the Dublin company's Irish directors, consultant Liam Grainger, resigned in April of this year.
Read More: https://www.independent.ie/business/irish/ronaldos-super-agent-scores-with-26m-profit-36358401.html
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