Connect with us

Sports

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

Published

on

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.

Advertisement

READ ALSO: Suspected Gunmen Abduct Students In Delta, Demands N10m

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.

Advertisement

“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.

READ ALSO: Forbes Declares Singer Taylor Swift Billionaire

Advertisement

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.

Advertisement

Sports

EPL: Berbatov Names Team That Can ‘Surprise’ Arsenal In Title Race

Published

on

Former Manchester United striker, Dimitar Berbatov, has named the team that could “surprise” Arsenal in the Premier League title race.

The Gunners are now six points clear of second-placed Chelsea, thanks to their 4-1 demolition of Tottenham on Sunday.

Mikel Arteta’s men could extend that lead to nine points, when they travel to face the Blues this weekend.

Advertisement

READ ALSO:EPL: Why Arsenal Could Win The Title This Season – Guardiola

Berbatov has now said he expects Arsenal to be “really tested” over the hectic festive period and says their title credentials will become clearer in the New Year.

Of course Liverpool are low in the table and Man City are dropping points, but there are other teams like Chelsea who can surprise people,” Berbatov told ESPN.

Advertisement

Six points is a good cushion but in the Premier League it’s nothing and can go very quickly.”

Continue Reading

Sports

Champions League: Arteta Gives Arsenal Injury Updates Ahead Bayern Munich Clash

Published

on

Arsenal manager, Mikel Arteta, has given injury updates on his squad ahead of Wednesday night’s Champions League clash with Bayern Munich.

The Gunners have won their first four matches in the competition without conceding a single goal.

Arteta’s men will be looking to continue their perfect start with a win over Bayern at the Emirates.

Advertisement

READ ALSO:EPL: Arteta Wants FA To Overturn Lewis-Skelly’s Red Card In Arsenal Win

Arsenal could have captain Martin Odegaard back for the game, alongside Gabriel Martinelli and Noni Madueke.

“Yeah they are [Madueke and Martinelli in contenton to start] and we’re going to have a meeting now to decide on Martin [Odegaard],” Arteta told reporters today.

Advertisement

“He was very close for the previous game.

“We are confident he can be in the squad as well.”

Advertisement
Continue Reading

Sports

EPL: Man Utd Suffer Fresh Injury Blow Ahead Of Everton Clash

Published

on

Manchester United manager, Ruben Amorim, could be without Matheus Cunha for Monday’s Premier League clash against Everton.

ESPN reports that Cunha has picked up an injury in training.

The Brazilian suffered what is being described as a “minor knock” during a session on Saturday.

Advertisement

READ ALSO:EPL: Alan Smith Names Only Two Clubs To Compete For Title

It forced him to miss a scheduled appearance to switch on Christmas lights in Altrincham, Greater Manchester, on Saturday evening.

Amorim will be keen to have Cunha available, as he has already lost striker Benjamin Sesko to a knee injury.

Advertisement

Since his £62.5 million move from Wolves, Cunha has scored only once in 11 appearances.

Continue Reading

Trending