General Club Finances 2023

How Concerned Are You About Our Increasing Debt Levels?

  • Total voters
    83
  • Poll closed .
Obstructed view said:
For all that Brighton are lauded as a great model to follow, and they are in particular their player trading. Even after a large repayment they still have debt to the owner of close ot £400 million https://www.bbc.co.uk/sport/football/68691248
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But a post tax profit if £100 million. The biggest in Premiership history.

Just goes to show how hard it will be to get debt down.
 
MC Yellow said:
But a post tax profit if £100 million. The biggest in Premiership history.

Just goes to show how hard it will be to get debt down.
Click to expand...
Brighton look like they will finish well up the table. Most supporters will be envious of how well run and how profitable the club is. Lovely stadium I’d love to see hosting a defence of premiership champions.
Oxford can always dream
 
Obstructed view said:
For all that Brighton are lauded as a great model to follow, and they are in particular their player trading. Even after a large repayment they still have debt to the owner of close ot £400 million https://www.bbc.co.uk/sport/football/68691248
Click to expand...
Shows how much it costs to become a profitable football club these days. I’d be interested to know what that 400 million consists of. Is it the stadium or player trading/wages?
 
Steve Gilbert said:
Now I’m not that clued up on this so maybe someone like @MarkG or @Colin B could explain…
How can we lose this much money but still meet EFL FFP rules?
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I believe FFP relates to first team squad wages which we operate within. The million £ we pay for the Kassam isn’t in that figure or the millions on the new stadium or the money spent on the training ground to name three things.
 
Banbury2018 said:
I believe FFP relates to first team squad wages which we operate within. The million £ we pay for the Kassam isn’t in that figure or the millions on the new stadium or the money spent on the training ground to name three things.
Click to expand...
Is the money that has been spent on the new stadium planning so far in the current accounts?
 
Ewes said:
I’ve not suggested for one minute that we ‘throw our hand in now’.

I’ve said that I feel going bust is a very real scenario if we can’t secure the investment we need, can’t get the council to agree planning permission or the new football regulator has teeth to ensure clubs are run sustainably for its supporters.

If or when that happens, as I’ve said, it would be grounding and almost fun to watch our club go back up through the leagues.
Click to expand...
How are we going back up the leagues when going back up the leagues costs millions?
 
So for the sake of discussion, what kind of playing budget would we be looking at if the club were run "sustainably" at the moment - and where would that most likely put us in the league?
 
To stay where we are is costing millions but to keep the larger part of revenue thru ticket sales in house as it were seems healthier or at least to sustain the club's infrastructure.
 
The accounts show “Leasehold Improvements” of £2.3M in the year.

Other than the shop and ground (which don’t appear to have had that level of spending) I wonder where this was spent?

Edit - I assume this was on the training ground, quite a large investment.
 
Obstructed view said:
For all that Brighton are lauded as a great model to follow, and they are in particular their player trading. Even after a large repayment they still have debt to the owner of close ot £400 million https://www.bbc.co.uk/sport/football/68691248
Click to expand...
How much are Brighton as a club worth?

It's likely that their debt to just their owner is close to the valuation of the club as a whole - crazy!
 
MustardYellow said:
Probably less than our debt, but then again we are making £6million losses. Brighton supposedly making record breaking profits!
Click to expand...

And reducing debt in the process, as oppose increasing debt.

Brightons challenge is to not fall away like Leicester. Those profits would probably evaporate pretty quickly if so.
 
Somebody mention serial financial cheats Leicester City?

Some of these numbers are eye watering to shift across spreadsheets.

www.bbc.co.uk

Leicester report £89.7m loss after spending charge

Leicester City report a loss of £89.7m for the 2022-23 season - taking total losses for their last three Premier League campaigns to more than £215m.
www.bbc.co.uk www.bbc.co.uk


Also being looked at (again) by the EFL..........
 
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