[Albion] Albion announce £73.9m profit for 2023-24

Bozza

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Jul 4, 2003

58,105

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• Yesterday at 3:49 PM

• #1

Turnover up 8.9% to £222.4m - a club record
Matchday income rose 13.4% to £27.9m - another club record

Player sale profits: £110m
Player spend: £123m
Average weekly wage: £68k

Tonly Bloom loan repayment: £74m

 

Last edited: Yesterday at 3:54 PM

Man of Harveys

Well-known member

Jul 9, 2003

19,095

Brighton, UK

• Yesterday at 3:50 PM

• #2

Right: P&R queue roof now please. I think they can afford it.

 

S

Stuart Munday

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Jul 6, 2003

1,473

Saltdean

• Yesterday at 3:51 PM

• #3

Man of Harveys said:

Right: P&R queue roof now please. I think they can afford it.

Click to expand...

It’s coming for Amex cardholders only.

 

Badger

NOT the Honey Badger

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May 8, 2007

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• Yesterday at 3:53 PM

• #4

How much does a monorail cost?

 

Chicken Run

Member Since Jul 2003

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Jul 17, 2003

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Valley of Hangleton

• Yesterday at 3:53 PM

• #5

And a monorail

 

Man of Harveys

Well-known member

Jul 9, 2003

19,095

Brighton, UK

• Yesterday at 3:53 PM

• #6

Stuart Munday said:

It’s coming for Amex cardholders only.

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Cool!

 

H

Han Solo

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May 25, 2024

3,732

• Yesterday at 3:53 PM

• #7

This is the one with the Caicedo money in it right?

 

Tom Hark Preston Park

Will Post For Cash

Jul 6, 2003

73,366

• Yesterday at 3:54 PM

• #8

Rejoice! Rejoice!

 

Bozza

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Jul 4, 2003

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• Yesterday at 3:55 PM

• Thread starter
• #9

Han Solo said:

This is the one with the Caicedo money in it right?

Click to expand...

Yes.

 

Iggle Piggle

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Sep 3, 2010

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• Yesterday at 3:56 PM

• #10

I could look this one up myself but I've had 3 pints and TBH I can't be arsed.

Which player sales are included in this one?

 

spence

Trump is back

Oct 15, 2014

9,997

Crawley

• Yesterday at 3:59 PM

• #11

El Presidente said:

Correct

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Next years should be massive loses due to spending 200 million on players ?

 

El Presidente

The ONLY Gay in Brighton

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Jul 5, 2003

40,105

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• Yesterday at 4:00 PM

• #12

 

El Presidente

The ONLY Gay in Brighton

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• Yesterday at 4:01 PM

• #13

spence said:

Next years should be massive loses due to spending 200 million on players ?

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No, player cost is spread over contract life, and Minteh signing is included in these figures as took place before 30 June

 

The Clown of Pevensey Bay

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Jul 5, 2003

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• Yesterday at 4:01 PM

• #14

They could have let us all in FREE every GAME and STILL made a profit. Bloom OUT.

 

Uh_huh_him

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Sep 28, 2011

13,130

• Yesterday at 4:03 PM

• #15

Bozza said:

Turnover up 8.9% to £222.4m - a club record
Matchday income rose 13.4% to £27.9m - another club record

Player sale profits: £110m
Player spend: £123m
Average weekly wage: £68k

Tonly Bloom loan repayment: £74m

Click to expand...

So is that 73.9m profit after paying TB back £74m?
Or has all the profit gone back to TB?

 

El Presidente

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• Yesterday at 4:05 PM

• #16

Albion are now the 4th most profitable club in Premier League history, despite only getting there in 2017. As recently as 2021 they were 41st.

We have one man and one man only to thank for all of this, and we all know where the club would be without him. Step forward Tood Boehly.

 

chaileyjem

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Jun 27, 2012

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• Yesterday at 4:06 PM

• #17

spence said:

Next years should be massive loses due to spending 200 million on players ?

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(i think) Some of that £200m was before June 30 2024 so already included in this years accounts and transfer fees are amortised so £200m doesn't = spend as spread over lifetime of a contract.
eg: Minteh (£30m) .

And i think sales in this 23/24 period include Undav, Gilmour, and Pascal (c £40m) but yes will include the amortised fees for O Riley, Wieffer, Georginho, Gruda, Gomez and Kadioglu. looks like the current amortised spend is £39.4 .

Am i getting this right @El Presidente ??

 

El Presidente

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• Yesterday at 4:06 PM

• #18

Uh_huh_him said:

So is that 73.9m profit after paying TB back £74m?
Or has all the profit gone back to TB?

Click to expand...

It's genuinely just a coincidence

 

Bozza

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Jul 4, 2003

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• Yesterday at 4:06 PM

• Thread starter
• #19

Uh_huh_him said:

So is that 73.9m profit after paying TB back £74m?
Or has all the profit gone back to TB?

Click to expand...

They're two different and independent things.

 

Mellotron

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Jul 2, 2008

32,693

Brighton

• Yesterday at 4:06 PM

• #20

So how much is Tony still owed?

Be interesting to see if we see any significant differences to approach in spending once he is paid off.