Brighton has revealed a record profit of £122.8 million for the 2022-23 financial year, marking the most successful season in the Premier League club’s history.
The profit surge, which saw an annual increase of nearly £100 million from £24.1 million, was accompanied by a 17.2% rise in turnover to a record £204.5 million.
This financial milestone comes on the back of Brighton’s historic achievements on the pitch during the 2022-23 season. The club secured a sixth-place finish in the Premier League, reached the FA Cup semi-finals, and garnered substantial transfer fees for several key players.
Brighton’s chief executive, Paul Barber, emphasized the significance of the financial results, stating, “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 Tony Bloom’s incredibly generous levels of investment.”
The club also made a notable repayment to owner Tony Bloom for the first time, reducing the balance on his interest-free loans. This move underscores Brighton’s progress towards financial sustainability and independence.
Brighton’s exceptional financial performance stands in contrast to several other clubs, including Aston Villa, Chelsea, Everton, Leicester, Newcastle United, Nottingham Forest, and Wolves, which reported significant losses for the 2022-23 season.
The substantial portion of Brighton’s income in the 2022-23 season was derived from their on-pitch success and profitable player sales. Manager Roberto de Zerbi guided the club to its highest-ever league finish and a notable FA Cup run. Additionally, the sale of key players such as Yves Bissouma, Marc Cucurella, Leandro Trossard, and Alexis Mac Allister generated a profit of £121.4 million in transfers.