Brighton records premier league profit amidst successful season.

Brighton & Hove Albion Football Club has made headlines with a Premier League record profit of £122.8 million ($155 million) after tax for the last season. This impressive financial feat was achieved thanks to the club’s remarkable performance on the pitch and significant earnings from player transfers.

Despite losing manager Graham Potter to Chelsea, Brighton enjoyed their best-ever season, securing sixth place in the Premier League and reaching the semi-finals of the FA Cup. These accomplishments contributed to a substantial increase in revenue, reaching £204.5 million.

The club’s profit was further boosted by lucrative player sales, including Yves Bissouma’s move to Tottenham and Alexis Mac Allister’s transfer to Liverpool, resulting in a gain of £144 million.

Notably, the figures for the financial year ending June 30, 2023, do not include Moises Caicedo’s record-breaking £115 million transfer to Chelsea, as it occurred after the accounting period.

In addition to their financial success, Brighton announced that chief executive Paul Barber has signed a new contract until 2030, demonstrating stability and commitment within the club’s leadership.

Commenting on the financial results, Barber emphasized the club’s progress towards financial sustainability and reduced reliance on owner Tony Bloom’s investments. The interest-free loan owed to Bloom, a devoted Brighton fan and owner of Belgian side Union Saint-Gilloise, has been significantly reduced.

Amidst rumors linking Brighton boss Roberto De Zerbi to managerial positions at Liverpool and Bayern Munich, Barber reaffirmed the club’s ambition to compete in Europe and vie for major trophies. Brighton currently sits ninth in the Premier League standings, with aspirations of securing European qualification and achieving historic success on the field.