Conor McGregor‘s Dublin bar, The Black Forge Inn, has experienced over $2 million in losses since its opening, but this has not significantly impacted McGregor’s overall financial success as he continues to expand his business empire and prepare for a return to fighting in 2024.
Conor McGregor has invested around $2 million in purchasing The Black Forge Inn, a Dublin bar. However, the pub has struggled financially, with recent records showing losses of over $600,000 U.S. dollars in the past year and totaling approximately $1.8 million in 2021. This has resulted in over $2 million in losses since the business venture started, as reported by The Independent in Ireland. Despite these losses, the net book value of Black Forge Inn and its assets was reported at €4.4m ($6.1 million) at the end of 2022, and the amount owed on a loan provided to the business decreased from €5.3m to €4.1m at the end of last year.
Although his pub has experienced financial difficulties, McGregor is expanding his business ventures by purchasing the Porterhouse Brewery in Dublin, which now produces his Forged Irish Stout beer. Following the success of Proper No. 12 whiskey, which was sold for a reported $600 million, McGregor has accumulated between $130 and $150 million from the sale. This has allowed him to be recognized as the highest paid athlete in the world in 2021 and to continue growing his real estate portfolio, including a new apartment building with 200 units on property he owns.
The financial struggles of The Black Forge Inn have not hindered McGregor’s overall business empire, as he continues to invest in various ventures. As he looks forward to a return to action in early 2024 against Michael Chandler, McGregor is poised to further bolster his bank account with a significant payday from the fight. Overall, the losses from his pub business are overshadowed by his wider business successes and future earning potential.