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Brighton 2019/20: Reel around the Fountain
Introduction Getting to the Premier League is an expensive business as many clubs in the Championship have found out, with operating losses in that division exceeding £600 million pre-Covid. Remaining in the Premier League can also be costly, as Brighton have proven in announcing their 2019/20 financial results. Income All clubs divide their revenue into three categories, matchday, broadcast and commercial. Having matches taking place behind closed doors at the end of the season meant that Brighton’s matchday revenue fell by over a quarter to £13.5 million. Albion make about £1 million per home match, more so against the big teams, and so this meant that they are likely to…
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Brighton 2018/19: Switch
Introduction A lot of money is required to get to the Premier League, but as the 2018/19 Brighton and Hove Albion accounts reveal, it takes a lot to stay there too. Losses of £21 million were announced for the year to 30 June 2019, reversing a profit of £12 million the previous season as the club finished in 17th position in the table. Investment in players was the main reason for the deterioration in the financial results, as well as some one off costs following Chris Hughton’s sacking the day after the season ended. Income Just ten years ago Brighton’s income was £5 million for the whole season, but this…
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Brighton 2017/18: What Do I Get?
Introduction: Tony Bloom, Brighton’s owner, probably heaved a sigh of relief in 2017/18, not just because his team had been promoted, but for the first time in living memory the club made a profit. Over the six initial seasons that Brighton had played in the Championship at the Amex stadium, the Albion had lost £110 million. Nevertheless, Bloom still ended up lending the club £32 million in 2017/18 as he underwrote investment in new players and capital projects. Yet for some Brighton fans this benevolence from Bloom is not enough, and recent tantrums and whines on social media suggest that some fans will always want more, especially if someone else…
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Brighton and Hove Albion. Please, please, please, let me get what I want
Brighton and Hove Albion: Please, please, please, let me get what I want. Introduction: Bigmouth strikes again. This report will focus on the cost of Brighton being promoted to the Premier League in the six years since they’ve moved to the Amex stadium in 2011. Key figures for 2016/17: Panic Income £29.2m (up 18.3%). Wages £31.3m* (up 11.0%) *excludes £9.1million bonus paid to staff upon promotion, would be a 42.9% increase if bonus included. Losses before player sales £38.9 million (up 50.1%) Player signings £19.0 million Player sales £ 0.3 million Tony Bloom investment £280 million The Albion just missed out on promotion at the end of 2015/16, first on…