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Brighton Make £123m Record Profit After Best Premier League Season

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Premier League club, Brighton and Hove Albion have announced a record profit of £122.8 million in the 2023/24 financial year, which was the most successful season in the club’s history.

The Seaguils finished 6th in the 2023–24 Premier League season, reached the FA Cup semi-finals, and earned immensely from transfer fees for several key players, such as Moises Caicedo and Robert Sanchez to Chelsea, Alexis Mac Allister to Liverpool, amongst others.

An overview of the club’s financial records shows that profit after tax increased annually by almost £100m from £24.1m, with turnover going up by 17.2% to a record £204.5m.

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The figures can help make “significant progress” on the pitch, the club said.

“These accounts will of course catch the eye because of the headline number,” Brighton chief executive Paul Barber said.

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“In a season when we made history on the pitch, we took a huge step forward in terms of the club’s long-held aim of becoming more sustainable and less reliant on [Brighton owner] Tony Bloom’s incredibly generous levels of investment.”

Brighton owner Tony Bloom took over the club in 2009, when they were playing in League One.

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Barber added that Brighton have made a “substantial repayment” to Bloom for the first time.

This means the club reduced the balance on Bloom’s interest-free loan, given in 2007, to £373.3m from £406.5m.

Brighton’s record figures come at a time when several of their Premier League rivals, such as Nottingham Forest, Everton, and Championship side Leicester City, are facing sanctions for breaching rules by incurring heavy financial losses.

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CRASH: Anthony Joshua Opens Up On Friends’ Death

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Former world heavyweight champion, Anthony Joshua, has said the death of his two friends posed a tough time for him.

Recall that a car conveying the boxer earlier this month, rammed into a stationary truck along the Lagos-Ibadan Expressway.

The accident claimed that lives of his personal trainer, Kevin Latif Ayodele, and his strength and conditioning coach, Sina Ghami.

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In a post on his verified Facebook page on Thursday, the former heavyweight champion said it was tough for him.

READ ALSO:Anthony Joshua Returns To UK In Private Jet

Joshua acknowledged that the incident was “even tougher” for the parents of the deceased.

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He wrote, “Thank you for all the love and care you have shown my brothers. I didn’t even realise how special they are.

“I’ll just be walking with them and cracking jokes with them, not even knowing God kept me in the presence of great men.

“100% it’s tough for me, but I know it’s even tougher for their parents. I have a strong mind, and I believe God knows their hearts. May God have mercy on my brothers.”

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NPFL: Kano Pillars Sack Two Players

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Kano Pillars have announced the departure of the duo of Umar Sani Yakasai Samuel Tiza.

Yakasai and Tiza’s contracts were terminated by the Kano-based club.

The Sai Masu Gida confirmed the development in a statement on Wednesday.

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READ ALSO:Why Kano Governor Postponed Formal Defection To APC

“Kano Pillars FC wishes to announce that, following a mutual understanding, the club have amicably parted ways with striker Samuel Tiza and midfielder Umar Sani Yakasai,” Kano Pillars wrote in a statement confirming the players departure.

“Both players will now continue their careers elsewhere ahead of the second stanza of the 2025/2026 Nigeria Premier Football League season.”

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Kano Pillars is expected to make up for their departure with the signing of new players.

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AFCON: It’s Not Possible – NSC On Super Eagles Players Requesting Cash Payment

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Chairman of the National Sports Commission, NSC, Shehu Dikko, has insisted that it is not possible to pay the Super Eagles of Nigeria their match bonus in cash.

Dikko stated this while clarifying the situation about Super Eagles match bonuses following reports of players threatening to boycott training and refusing to travel to Marrakech for Nigeria’s 2025 Africa Cup of Nations, AFCON, quarter-final clash against Algeria on Saturday.

He spoke on Thursday during an appearance on Channels Television’s The Morning Brief.

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Clearly, the players requested whether they could get some of these in cash, and they were told it’s not possible,” Dikko said.

READ ALSO:AFCON 2025: Super Eagles Players Refuse To Travel For Algeria Game Over Bonuses

These bonuses are not paid in cash; they have to be paid through the bank, which is the normal procedure.

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“The only ones they agreed to pay in cash are the daily allowances.”

The Super Eagles progressed to the last-8 after humiliating Mozambique 4-0 in the AFCON Round of 16.

Meanwhile, Nigeria’s Minister of State for Finance, Doris Nkiruka-Anite, had earlier disclosed that the Super Eagles players will start receiving their bonus money alerts today or tomorrow before the Algeria clash.

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