[Albion] Albion announce £122.8m profit for the 2022/23 season

[Bozza]

Albion announce a massive £122.8m profit for the 2022/23 season…

1. Doesn’t include Caicedo and Sanchez sales - they’ll be in next year’s accounts.
2. Tony Bloom has received the first repayment on his loan to the club.
3. “We now have a very solid platform to continue to make significant progress on the pitch, by investing in our squad,”

 

[Stat Brother]

Thanks Chelse.

 

[Bozza]

The figures include the fees received for Alexis Mac Allister, Yves Bissouma and Marc Cucurella, as well as compensation for Graham Potter’s move to Chelsea; but they do not include fees received for the sales of Moises Caicedo and Robert Sanchez, both of which were concluded after 30 June 2023, the end date for these accounts.

 

[Super Steve Earle]

Will we be ok for PSR?

 

[Bozza]

“For the first time since Tony made his first interest fee loan to the club back in 2007, we have been able to make a substantial re-payment to him reducing the loan balance from £406.5m to £373.3m.”

 

[Bodian]

Paid back some of TB's loan as well.

 

[Beach Hut]

Amazing financial result and paying back to the owner

 

[Stat Brother]

“For the first time since Tony made his first interest fee loan to the club back in 2007, we have been able to make a substantial re-payment to him reducing the loan balance from £406.5m to £373.3m.”

An odd use of "substantial" when the debt was £406.5m and is now ONLY £373.3m

 

[Triggaaar]

Right, let's sign Mbappé

 

[Bob!]

..and a paragraph in there for RDZ

“We now have a very solid platform to continue to make significant progress on the pitch, by investing in our squad, and off the pitch by making the match day experience even more enjoyable for our supporters, all of which we believe will help us to continue to grow.

 

[Bakero]

Anyone got an answer to the question in the OP? Must be up there in terms of profits. Will we break that record next year?

 

[Joey Jo Jo Jr. Shabadoo]

Also confirmation in that from Barber that the aim is now to be a club challenging for European places and silverwear rather than challenging for the top 10 as it was previous.

 

[KZNSeagull]

Blimey. Well done the club!

 

[Badger]

Does that mean we get +5 points?

 

[tedebear]

An odd use of "substantial" when the debt was £406.5m and is now ONLY £373.3m

Given that we only made £25.4M last year, I think paying back £33.2M is indicative of how big that is...

 

[One Teddy Maybank]

We knew it was coming, but it’s fantastic news.
The fact it doesn’t include Caciedo makes it even more impressive.

Brilliant that we can pay some money to Bloom…..

What a season…..

 

[spence]

Staggering sums. It is possible to make money in football as a chairman

 

[Weststander]

Everything is .... wow!

> £200m turnover with no European football. Our figure exactly matches Aston Villa's ... revealing with their vast player spend was from financial doping, a £116m loss for 2022/23.

So pleased for TB that finally his loan's reducing from cash flow.

 

[Stat Brother]

The figures include the fees received for Alexis Mac Allister, Yves Bissouma and Marc Cucurella, as well as compensation for Graham Potter’s move to Chelsea; but they do not include fees received for the sales of Moises Caicedo and Robert Sanchez, both of which were concluded after 30 June 2023, the end date for these accounts.

So next seasons accounts will also be in the black - noice.

 

[essbee1]

Can we have more toilets in the east stand please?