Brighton FC's Record £122.8M Profit: On-Pitch Success Fuels Financial Triumph
April 4, 2024Brighton football club reports a substantial post-tax profit of £122.8 million for the 2022-23 season, a marked rise from the previous year's £24.1 million.
The club's financial success is linked to their on-pitch performance, finishing sixth in the Premier League and an FA Cup semi-final appearance.
Profit boost includes player transfer fees and compensation received for their former head coach's move to Chelsea.
Notably, post-reporting period sales of Moises Caicedo and Robert Sanchez to Chelsea for substantial amounts are not reflected in the current financial statements.
The sales of players, including Alexis Mac Allister, Yves Bissouma, and Marc Cucurella, were major contributors to the profit.
Despite financial and on-field success, manager Roberto De Zerbi's contract is nearing its end, sparking rumors of his departure to top European clubs.
The club's strategy is to continue investing in the squad, aiming for European competition and pursuing their first major trophy.
Brighton stands ninth in the Premier League with nine games left in the season.
Summary based on 7 sources
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Sources
BBC Sport • Apr 2, 2024
Brighton make record £123m profit after fine seasonThe Guardian • Apr 3, 2024
Mac Allister, Bissouma and Cucurella sales boost Brighton profits to £122mBusiness Standard • Apr 3, 2024
English Premier League club Brighton posts profit of USD 154 million