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British boxer wants to buy historic 6.5-acre island in Devon, near a naval base, and also plans to invest £20 million in renovations to store his superyacht Gypsy King
Tyson Fury plans to spend £6 million on purchasing Drake’s Island, near Plymouth, in Devon, to use the location as a safe docking point for his new superyacht, valued at £42 million. The boxer, with an estimated net worth of £162 million, also foresees million-pound renovations on the historic site. The information was disclosed by The Sun.
Drake’s Island back on the market for £6 million
Drake’s Island is 6.5 acres and is about 500 meters from the coast, in Plymouth Sound. The site was put back on sale by the specialized real estate agency Carter Jonas, after having been offered in 2024 without finding a buyer.
Previously called St. Nicholas Island, the area was fortified from the 16th century due to its strategic position.
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The space was used by the military until World War II and is considered a historic site of national importance.
Plan involves superyacht and million-pound renovations
According to a source heard by The Sun on Sunday, Tyson Fury wants to buy Drake’s Island to store the superyacht Gypsy King, which is being built for his retirement.
The same source stated that the boxer sees an advantage in the location due to a nearby Navy base, which would make the area more protected.
In addition to the purchase, Fury plans to spend £20 million on renovations to the buildings, electrical systems, and other structures.
Historic area has restrictions and inspections
Part of Drake’s Island is a Protected Ancient Monument, which enhances its historical value and also makes the sale more delicate.
Guided tours to the site have been suspended while safety inspections are conducted before any negotiation.
The island was acquired in 2019 by businessman Morgan Phillips. He told PlymouthLive that he had already received expressions of interest from potential buyers in May.
Sale still depends on negotiation
Although a source says that Fury sent photos of the island to friends and is saying he intends to buy it, the sale has not yet been completed. Phillips stated that he is open to any option that makes sense and helps to move the island forward.
This article was prepared based on information from The Sun on Sunday, PlymouthLive, and Carter Jonas, with data, numbers, and statements preserved as per the consulted material.
162 million !!! , just for farting about in a boxing ring ; if you really want to be entertained then watch Roberto Duran vs Esteban , fight 1 , now that IS Boxing , or Hagler vs Sibson
Buying an island so you can dock yourexpensive yacht is absolutely taking the pis. We have thousands on the streets begging for a pound daily🙄🤔tyson your gonna get hated on if you do that m8 if your that board donate more and get involved with charities
He’s having a bath in £20 pound notes
Must be nice to spend all that money but once aj knocks him out he will only be able to box items for amazon
Aj wont knock him out.Hes a pansy
AJ had lots of troub.e and deliberations knocking out that cheeky beach bum Jake Paul , Tyson Fury is a giant but he’s certainly not Mike Tyson and he’s nowhere near furious , so it’s just a silly stage name