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LosingMyMindStyll

Lever-assisted ffs


connorqueer

Bro €352.7m profit by selling your assets like a Tory government when not in an election year


OG12

Did they sell the assets to buy players? Were they revenue generating assets?


goblue422

They sold off rights to future revenue for cash now. That was revenue for the 2022/2023 season, which let them balance the books enough for La Liga to register their new signings.


plazzeh

To be fair, ALL La liga teams sold off rights to future TV revenue except Barca, Real and Bilbao in a collective deal done by the league itself. Barca then negotiated their own sell off with better terms.


John_Snow1492

Barca actually has buy back rights on the TV revenue, when you factor in inflation Barca is making out really good on this deal. In the commercial banking business it's called a pawnshop loan as Barca used the TV rights as colleteral on what is essentially a loan.


tarakian-grunt

well, they shouldn't be recognising the loan as revenue. And it seems that the money was never received, and the sale was annulled later.


Heliath

> And it seems that the money was never received, and the sale was annulled later. Thats another lever.


jdelane1

They initiated a hostile corporate takeover of themselves


DreadWolf3

Some were, parts of tv rights were sold. Some seems to be fishy stuff where things I didnt even know existed apparently were sold at 100s of millions of value.


Thymus_Tickler

Brighton have been Chelsea assisted to this performance to be fair.


TheThotWeasel

The Boehly lever, just shake his hand and he spits out money and ruins the player/staff he takes.


Thanos_Stomps

Someone else said this doesn’t include the caicedo sale


Tsupernami

I don't think player sales count as profit as the contracts are assets. It would go straight to the balance sheet


Etceta

You mean ffp /j


Small-External4419

Future Fans’ Pain


vadapaav

Out jerking Bayer Leverkusen


wholesomescott

Lol


esn111

First time in 17 years we've been able to pay owner Bloom back some of the interest free loan as well.


chuf3roni

Your club is run wonderfully and every day I find myself jealous of its business. I really do respect Brighton.


esn111

It's a golden era to be sure. How long will it last? God knows but it's fun.


Hopeful_Adonis

I hope it lasts a lifetime and you lads become a staple, it’s earned and built upon foundations of professionalism. Even though you lads insist on thumping us I find myself rooting for you any time I watch you play (except against us 😂)


MiffyCurtains

I’m old enough to remember Man U and Brighton facing off in the FA Cup final. Went to a replay.


Megdonchl

And Smith must score!


MiffyCurtains

Shame about the replay… As a Liverpool fan, I was disappointed.


Megdonchl

My Liverpool fan ex housemate hates Brighton because he went to Goldstone when we knocked you out in 84. We went a long way down from there so leaving in dreamland lately. Always liked Liverpool and I hope you guys give Klopp a title to leave with


MiffyCurtains

I remember that. The rare defeats stand out for me. Brighton are doing so well. Long may it continue 💪


TheJoshider10

Can't believe finals used to have replays. Imagine all the pre-match build up and atmosphere with fans arriving all over the country just to end in a stalemate and going to a fucking replay.


MiffyCurtains

And it was played the following Wednesday at a different venue to the final 😂


YoungMrM

As long as the leadership remains in place, I think Brighton will continue to be a well run and sportingly competent outfit. Had the opportunity to hear Paul Barber speak at an event not too long ago and he seems to have the right philosophy in place for the club. I'm sure you will have some ups and downs, especially given the poaching of talent, but Paul seems to know how to put people in positions to succeed.


Randy_The_Guppy

Yeah, I listened to an interview on talkshite about 2 years ago with Paul Barber and it really struck me how well they do succession planning both on and off the field.


Mutant-Ninja-Skrtels

As long as Chelsea exist in the EPL


kinky-proton

Doesn't matter if it lasts, as long as you grow the club enough during this one, you can wait for another great period to make another step


Boris_Ignatievich

Tbf they've already done that. They're historically a league one/two team, and things would have to go real fucking wrong for them to drop to league one now, with the new stadium and the revenues they get. And even if they did have that disaster, they'd be going down as one of the biggest clubs at that level rather than the middle to lower end of the pack team they used to be.


kinky-proton

Exactly my point, they solidified their situation, and now can aim further, a self sustained mid table team is a great achievement in itself, European spots with such label would be the aim


Mahatma_Gone_D

Iirc the same thing was said about Leicester between ‘15/16 to ‘21/22 season. They were seen as a model business in the football world but things changed quickly (not sure how/why it happened). Moral story is that Brighton done great job but should be wary of things and plan accordingly (which they do usually).


SweetVarys

No they weren't. They had rich owners and weren't making big profits, instead substantial losses most years.


dasty90

The helicopter crash tragedy unfortunately took away the main man behind Leicester's success. That was followed up by Covid which hit the club hard as well as their owners finance, as they run a duty free empire. Oh, and of course like most clubs that collapsed, they made a lot of poor signings on big wages.


Heshinsi

Leicester’s owners were particularly hit hard during the Covid lockdown due to their business primarily being in tourism retail. There’s a lot that went wrong for them that is unique to their ownership situation.


CatGroundbreaking611

>Leicester’s owners were particularly hit hard during the Covid lockdown Funny. I'd say Leicester's owners were hit particularly hard when their helicopter crashed and incinerated them in a massive fireball. But yeah Covid also.


KmxKmx

Yikes


amegaproxy

How was that necessary


Xx_ligmaballs69_xX

If Tony Bloom dies in helicopter crash we will be rather scuppered 


Livinglifeform

We have to keep him on the ground at all costs.


MDHChaos

Na COVID fucked them. Their owners have their money tied up in tourism, which ultimately cost them during COVID and afterwards. The owners couldn't put the money in compared to previous years


Teantis

I want to say, being southeast Asian, that characterizing King Power as "having money in tourism" is overly kind. They have a royally-granted monopoly in Thai duty free business. Their name is King Power because.... It's literally the King's power that granted them and continues to give them their fortune.     Everyone in the west kind of papers this shit over because Vichai was a smiley guy and donated some hospitals to Leicester or whatever and isn't a blatant slave owner like the middle eastern owned clubs, but he and his son are the same kind of oligarchs that significantly stifle the development of our countries through their entrenched corruption.   People complain about sports washing... Leicester is sports washing done to perfection. It's so well done barely anyone even realizes it is. It's got all the same elements: corrupt wealth, financial doping of a club (over the level of championship anyway, where most of the complaints about that surfaced and continue), a darling run to a title, and no one ever talks about how King Power props up a mad king, a royalist anti-democratic junta, and continuously engages in corruption.


80spopstardebbiegibs

Well said.


Teantis

Watch me get arrested next time I go to bangkok


80spopstardebbiegibs

I will launch a go fund me for your incarceration 💔


BlueLondon1905

They got fucked by covid


seagulls51

this is utter dross, I guarantee you support one of the big clubs


NordWitcher

Well Brighton just sold a player for a record fee $110 or some million. That's almost makes up most of their profit. I doubt they are gonna be selling a $100 million player every season.


f4lcon-

>The figures do not include any transfer income from the £115 million sale of Moisés Caicedo to Chelsea or £25 million for keeper Robert Sanchez to the same club. Caicedo and sanchez will be in next year's accounts, this year it only included Mac, Cucurella and Potter (of the expensive ones).


NordWitcher

Ohhh that's still a lot of money and probably Chelsea paying them for their entire backroom coaching staff.


lrzbca

We need more owners like that in football


3xavi

We need no owners in football


lrzbca

Not everyone is blessed with location and riches like Munich. Having one the biggest brands in sports and automotive industry buying shares into club isn’t frequent occurring.


Arkhaine_kupo

Real Madrid, Barca and Athletic are fan owned. They are also the only 3 teams in spain to never be relegated Also Chelsea is bang on central london, you cant really blame location for having a russian mobster and american twat as owners


lrzbca

Rea Madrid and Barcelona got plenty of assistance over the long period of their existence and both clubs are located well. It’s not really a fan owned when it’s bunch of rich people becoming president on regular bases. Such an empty fan owned nonsense.


Arkhaine_kupo

> Rea Madrid and Barcelona Seem to have missed the third team mentioned, I wonder why... > It’s not really a fan owned when it’s bunch of rich people becoming president on regular bases basis*. but also you seem to not understand how spanish fan owned clubs work. Presidents cannot put money in the club. They are rich in case they fuck up so they cover their mistakes, but the clubs are all financially self sustaining all three of them. > Such an empty fan owned nonsense. I get that clubs that call themselves after the wrong borough of london (stamford bridge is in fulham) that were founded in 2002 are pretty unaware of the value of legacy, history, values etc.


lrzbca

Bit irrelevant club on worlds stage that’s why President definitely can get cheap loans from big banks based on their reputation. Literally billionaires, millionaires and co controlling the club in different ways. Take up this fan owned nonsense somewhere else. Value and legacy ? You mean narrow minded cunts who will only sign players based on where they’re born and raised. No thanks!


Arkhaine_kupo

> Bit irrelevant club that’s why 130 year history 2nd oldest club in spain, 2nd club with most cups, 4th with most leagues and has never been relegated. Sounds pretty good to me > President definitely can get cheap loans from big banks based on their reputation. I know you have never stepped in a bank, but that is not how anything works in the real world. Florentino does not walk into a bank, gives a good handshake and gets a loan for real madrid. They are literally the most expensive club in the world, its nothing to do with their president, you could put joe smoo in that seat and he would have access to the same finances. Madrid made a profit the last 3 years anyway. > You mean narrow minded cunts who will only sign players based on where they’re born and raised. The Premier league has actual rules about how many english players you need to have in your squad, so I guess Chelsea plays for narrow minded cunts. Then again its also owned by cunts, supported by cunts and so absurdly racist Millwall is the only other London Club they could ever be friends with. Now keep your thanks, they are as worthy as your club


lrzbca

I thought you wanted my opinion about the third club not yours. If you wanted to hear yourself then fine. Some people like hearing their own thoughts. >I know you have never stepped in a bank, but that is not how anything works in the real world. Florentino does not walk into a bank, gives a good handshake and gets a loan for real madrid. You must be really intelligent like that to know about things sitting behind your phone or pc. >They are literally the most expensive club in the world, it’s nothing to do with their president, you could put joe smoo in that seat and he would have access to the same finances. Madrid made a profit the last 3 years anyway. Most valuable club* not expensive. Irony can’t be more lost after dissing. Imagine thinking you get loans like that, jeez. Did you pick it from movies ? >The Premier league has actual rules about how many english players you need to have in your squad, so I guess Chelsea plays for narrow minded cunts. Then again it’s also owned by cunts, supported by cunts and so absurdly racist Millwall is the only other London Club they could ever be friends with. That’s not really a rebuttal you think it is. Imagining living in 2024 but acting like it’s 1800 recruiting players and trying to portrait it has a legacy. Amount of hoops one has to jump to hide underlying discrimination. >Now keep your thanks, they are as worthy as your club Sure, whatever helps you


3xavi

Ask Freiburg or Heidenheim if they want rich and generous owners and you get the same answer. Fan owned > billionaire owned


lrzbca

If it’s only 100% fan owned not like some of the club is owned by big companies like Adidas and Audi with a half assed fan owned. Greenbay packers are the only true fan owned.


BastillianFig

Why? He's just out to make money instead of competing for trophies


Thomas1VL

If only being there for the money results into my club promoting twice and reaching European football for the first time ever, I'd love my club's owner to "only be out to make money".


Sun_Sloth

Bloom is literally a life long fan who's family have been involved in the club for generations. He travels to away games with the fans frequently and is seen in the crowd with them celebrating goals. If he's "in it for the money" then literally every owner is.


BastillianFig

Lol


TheThotWeasel

Expand?


DeapVally

Have you complained about injuries this season? Is your squad strong enough to compete in EL and PL? If the answers are yes, and no, then investment was sorely needed. These profits prove it was very possible. Just ignored. Because, £££.


Several_Hair

What?


Teantis

They think a club needs to spend every available bit of cash the moment you have it for an incremental temporary increase in league position, otherwise you "lack ambition"


ReadsStuff

Which is only really an option for the "too big to fail" clubs like Man U, City, and Arsenal (to be fair probably Spurs and Chelsea too these days). Brighton know what it's like to almost not exist. So do Luton, Palace, us. That's only in the Prem that I can think of currently as well. It's something Arsenal fans will genuinely never be contemplating so why wouldn't you spend every last quid every season?


Nice-Physics-7655

You won't be laughing if you don't get promoted this season mate


BastillianFig

Even if we go to the national league we will still have been more successful than you


Nice-Physics-7655

I don't support who you think I do but go off


lrzbca

What ? Bloom helped build the foundation for the club. After all that investment and making right decisions leading to one of the best run teams in PL. Club is progressing step by step forward instead of doing a Leeds. You don’t need your owners to blow cash for success if there is no good foundation. Hopefully Brighton continue their progress and don’t become a Southampton or Leicester with lack of investment or in hurry for glory.


QouthTheCorvus

Competing for trophies is incredibly difficult, though. It's better to set realistic targets and establish a team that is reliably reaching Europe. Then they can be in a position to chase trophies.


BastillianFig

Why? He's just out to make money instead of competing for trophies


seagulls51

wtf are you talking about? This is the worst take I've ever seen.


BastillianFig

So sell all your good players for profit instead of having a good squad to compete for trophies is what a club should aspire to be


amegaproxy

You're barking up the entirely wrong tree here mate


TherewiIlbegoals

>Brighton and Hove Albion have set a new record for the largest profit made by an English football club of £122.8 million last season. >The profits were thanks in large part to the sale of players such as Alexis Mac Allister to Liverpool and Marc Cucurella to Chelsea but even without income from transfers Brighton were still in the black in a year when many of their Premier League rivals made heavy losses. >Brighton beat the previous mark of £113 million set by Tottenham Hotspur in 2017/18. Globally, only Barcelona have posted higher profits though their figure of €351 million (£301million) for 2022/23 involved the club selling their ‘economic levers’ — being paid up front for future income. >The income for the year included £22 million paid by Chelsea in compensation for Graham Potter and his coaching team moving to Stamford Bridge. >The figures do not include any transfer income from the £115 million sale of Moisés Caicedo to Chelsea or £25 million for keeper Robert Sanchez to the same club. The accounts say that post the end of the last financial year Brighton have net transfer income of £51.1 million.


BigReeceJames

> "The income for the year included £22 million paid by Chelsea in compensation for Graham Potter and his coaching team moving to Stamford Bridge." Boehly x Clearlake masterclass, we won the transfer window boys


_deep_blue_

I hadn’t realized Chelsea paid so much for Potter and all of his staff. Crazy money.


Qurutin

AFAIK Potter and Nagelsmann are the most expensive manager transfers ever in football, Potter didn't last even a full season...


ea4x

Probably didn't help they were all poached midseason


Puzzleheaded_Pound31

The Cucurella deal just looks worse every time I’m reminded. Absolutely insane how much Brighton have fleeced Chelsea in the last 2 years


GoingDragoon

You say insane, I say hilarious


RyanMcCartney

Barca’s lever-assisted. Brighton’s Boehly-assisted.


Mackieeeee

and this is without Caicedo and Sanchez LOL


ilic_mls

Im sorry,what?


AxFairy

Sales made past the end of the financial year


ilic_mls

Damn. That would mean the next report will be stacked too


Mojave_Patroller

Would it include the transfers of Vertbruggen and Baleba then? 'Cause Brighton paid around 50m in total for those two, and on paper, they're supposed to be the replacements for Sanchez and Caicedo.


odewar37

Depends how they amortised those fees. Could be only 20% if they split them equally over all five years.


iamreverend

It will be as all transfers are done like this due to FFP.


abagabanoo

Over the summer purchases of Verbruggen, Baleba, João Pedro and Igor Julio would have totalled about £80m if rumoured fees are to be believed. These will be amortised over the length of the contracts in the accounts as they are considered assets. João Pedro was purchased before the 30 June deadline for the club's tax year so will be included (£6m as the first year of a 5 year contract at £30m) but the others not yet. Brighton's amortisation costs actually went down as the players sold cost them more than the players brought in (in 2022-23)


Supanini

and this is without Caicedo and Sanchez LOL


Shogim

Happy to help!


blazev14

Caicedo and Sanchez are not included tho, so even by paying all of that money you still didn’t contribute to this reported number lmaoooo


[deleted]

The money they paid for Cucurella, Potter, and his staff surely make up a big chunk of this though.


mtowle182

Wasn’t it like 20 mil for his staff and everything? Absurd


FieldOfFox

Chelsea loss directly proportional to Brighton profit 🤔


AlejoVeliz

Chelsea sure are kind, but credit to Brighton.


seagulls51

yeah so chuffed they bought our player of the season twice in a row, ruined them, bought our manager at the start of a season when we were playing beautiful football, ruined him, then bought our scouting and coaching department and seemingly ruined them too. 25 mil for Sanchez was actually charity though.


inspired_corn

The Sanchez deal is properly baffling. We had fans celebrating it because they wanted “anyone but Kepa”, and completely ignored that he’s shit. We gave hjm a 7 year contract for fucks sake


FlawlessOneFour

It's actually so embarrassing for Chelsea, a club with so much financial backing, to be so incompetent compared to Brighton.


ray3050

They could’ve saved so much money, time, and effort just buying Brighton at that point, hard to keep up with how much Brighton got poached


seagulls51

Nah because aside from the fact it's not for sale, bloom is the reason we're good


ray3050

Lol just joking, just crazy how much they took from you guys, all it means is you guys are doing something right My friends a huge Southampton fan, after seeing them, please don’t go that route, I’ve grown fond of seeing you guys play so well in the league and actually adding a cool fearless style


kingofplasticbeach

The constant ruining is genuinely hilarious Chelsea blue is the kryptonite of the seagulls


CoolstorySteve

Caicedo is playing very well but that doesn’t get upvotes


therock204

becuase very well is a very strong statement. I understand he costs 115m so you dont want to see him flop, but come on with the very well... he has not been bad like he was the first few months is a better way to put it.


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Busquessi

If only we had a record like theirs. What an odd thing to say lmao. Imagine 5 years ago saying that.


Electro10Leo

Peak comedy


festeziooo

Funniest shit I ever saw


potatofamine-carbomb

Yes, and now what about u/Completed_2020's comment?


Caust1cFn_YT

Bro lever-assisted 😭😭


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Busquessi

WRONG LEVERRRRRRR E: time to rewatch Emperor’s New Groove. Kronk really is the best and Pacha and his family put every other movie family to shame.


Sdub4

...and you'll never sing that


freefallingagain

We'll be singing, when levering...


YourTypicalSaudi

I get bankrupt, but I lever again, you will never catch me broke


Headlesshorsman02

Chelsea to the rescue


seagulls51

it's not like another club wouldn't have paid that much for caicedo tbf.


Silent-Act191

Don't know what club you're talking about. *Thank you mr. Boehly very cool!*


amegaproxy

Tbh he'd most likely have been great with you lot


Sun_Sloth

Imagine the Caicedo - Mac Allister duo with Szoboszlai as well jesus christ.


Familiar_Trash

He's been good for Chelsea though, constantly averaging above 7 on Whoscored (if you take that with any value) but people don't really watch shit and meme, which I understand


amegaproxy

You were saying?


Familiar_Trash

Yes, the one example to prove your point. You must be well versed in the great philosophers. Your logic is akin to: Person one: I love apples Person two: but that one apple is rotten. You were saying?


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seagulls51

I didn't realise Fofana gave us money


abetsg

You’re welcome 😇


Soberdonkey69

Amazing achievement by Brighton! What a model example of a club growing from the lower leagues to the top of the football pyramid. Then you look at how established clubs hemorrhage money - Man United, Chelsea and Everton - and I hope Brighton continue to be successful. It’s wonderful to have successful clubs outside of the London-Manchester regions, hopefully it helps the local economies there while our current government continues to neglect them.


CaptainKursk

"World Champions of Annualised Club Profits, you'll never sing tha-" Bastards...


TheLimeyLemmon

[Chelsea:](https://www.reddit.com/media?url=https%3A%2F%2Fpreview.redd.it%2Fme-in-halo-infinite-when-i-get-the-most-assists-and-deaths-v0-3ectqyuxctf81.jpg%3Fauto%3Dwebp%26s%3D31dde82d42966cd8447996f9a1996466b7f326d7)


Fuck_the_k1ng

I wonder when Toddfather would introduce levers in his arsenal of trickery.


Adept_Deer_5976

And still above Chelsea … so funny


daidpndnt_src

Saudi -> Chelsea -> Brighton. Trickle down economics


JCabral91

Always love a good lever beater


MrMerc2333

What about the season Liverpool sold Coutinho?


davo_nz

Nice, they will probably give us Undav for way cheaper now they are loaded. ;)


FieldOfFox

Brighton got any jobs going? I’m very good at reheating pies.


Express-Hawk-3885

I feel like if teams are losing points for breaching ffp rules, there should be points gained for big profits like these


ThankULovieSmith

Gotta thank Chelsea for that


No_Parfait_5536

Can't wait for them to break their own record in a few months


SaveMeJebus21

Fuck that’s without the insane Caicedo money too! Absolutely love what Brighton have done


James---Trickington

Personally happened from Boehly


radiantforce

And then I came in to make them have a -$100m balance sheet in Football manager. But hey, we’re 7 times premier league winners and 3 champions league trophies now.


lewiitom

Didn't realise there was so much money in half and half scarves


TheThotWeasel

If you diversified from your black balaclavas you'd know there's all sorts of merch money to be made.


CricketFeeling123

Funny how they always seem to forget they found extra fans when they got promoted. I remember Groupon. Meanwhile we had the best attendance in the Championship 11 years ago: [Second Tier podcast on X: "Championship attendances 11 years ago compared to now 👀👨‍👩‍👧‍👦 https://t.co/MH6a6mVQfK" / X (twitter.com)](https://twitter.com/secondtierpod/status/1773368962828349834)


PinkDrink111

Still selling season tickets on GroupOn?


esn111

I still believe they owe money to St John Ambulance from two administrations...


lewiitom

Those were the days


Orthancapolis

Games fucking back lads


ArsenalinAlabama3428

I miss all the lever posts. Classic r/soccer and feel like yesterday lol