Brighton publish 2020/21 accounts. 🔑 numbers
Income £152m (up 14%)
Wages £109m (up 6%)
Operating losses £50m (down 20%)
Player purchases £31m
Player sales £17m
Owner total investment £427m #BHAFC
Not all clubs have published 2020/21 accounts, Brighton income record level for club despite matches BCD & broadcast rebate (about £3m). Lowest of clubs who have reported 2020/21 figures to date.
Broadcast income 81% of total for Brighton, higher than previous season as played 44 games in PL in year to 30 June 2021 compared to 32 the previous year impacted by Covid/lockdown. Still lowest of clubs reporting to date for last season though
Commercial income broadly held up for Brighton in 2020/21, the overall PL position clearly distinguishes the haves from the have lesses.
Biggest costs for clubs are wages, Brighton's increased by over £5m despite savings from matches taking place BCD. Wages £72 for every £100 of income. Again Brighton lowest of clubs to report data for last season to date.
Average weekly wage tops £50,000 for Brighton for first time, compares to £350 a week when they were first in the top division in 1979/80. Highest paid director on just over £2m, name not given but rumour is he likes mustard coloured knitwear.
Amortisation (transfers spread over contract life) little changed from previous season at £46m, but again Brighton lowest of clubs reporting to date for 2020/21. Brighton also had impairment (transfer write down) costs of over £9m on duff signings, which are unnamed #Lolcadia
EBIT losses (day to day trading excluding one off items) £50m for 2020/21, taking total losses over the years to £270m. Four seasons in the PL have resulted in them entering the top 10 loss making clubs in PL history, although clearly Covid impact has not helped #PromisedLand
Brighton earned £2.5m from covid insurance to offset losses and had player sale profits of £6.6m, probably from sale of Knockaert. Ben White sale took place after end of season.
Brighton player trading was a net spend of £14m, their lowest since joining the Premier League but not necessarily low by PL standards.
Brighton borrowed from both owner Tony Bloom and a bank in 2020/21, taking total loans to £374m, of which £337m is due to Bloom, who has also put in a further £90m via share purchases #BHAFC
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Fulham publish 2020/21 accounts.
Revenue doubled to £116m but pre tax losses almost did the same going from £48m to £93m despite being in the Premier League #FFC
Fulham had £18m cash in the bank at end of season but total losses over made over the years were a drop my bacon sandwich £493,000,000
To fund the losses (and infrastructure spend) Fulham borrowed £151 million from its parent company in 2020/21 and a further £93m since the end of the season
Russian owned Bournemouth publish their 2020/21 accounts. 🔑figures
Revenue £77m ⬇️ 25%
Wages £57m ⬇️47%
Operating loss £33m ⬇️56%
Player sale profits £56m ⬆️143%
Player purchases £7m
Player sales £68m
Loans £165m ⬆️30% #AFCB
Income down to just over half the levels of two seasons ago, expect another significant fall in 2021/22 as last season includes some PL money as matches played before relegation in the 1 July 2020- 30 June 2021 period
Broadcast income £67m, usually clubs get about £42m from parachute payments plus £2.5m EFL money, but Bournemouth figures higher due to PL matches taking place in the financial year. Broadcast income 88% of total. #AFCB
Phoenix 2021 Ltd, the company that bought Wigan Athletic from the administrators (don’t think it included the statue) publishes results for Jan-June 2021. Club lost £1.5m but player sales ⬇️ this to £600k #WAFC
Phoenix 2021 had over £1m of cash in the bank at 30 June 2021, mainly due to £3.7m injected into club by shareholders when set up.
Wigan did not have any gate receipts due to Covid. Biggest income source was academy grants followed by Premier League solidarity payments. Wages were £214 for every £100 of income as no ST or matchday revenues.
Luton Town submit 2021 accounts. Not directly comparable with 2020 which covered 13 months trading. Revenue ⬇️ £2m+ due to COVID. Day to day losses £7m but covid insurance and player sales ⬇️ this to £2m. Previous year showed profit due to bigger player sale gains. #LTFC
Luton had over £1m cash in the bank at end of season and total historic losses were £17m.
Matchday income ⬇️ £3m due to matches BCD. Luton claimed furlough of £579k and had sense to take out business insurance cover which paid out over £2m on covid claim.