Generic clubs in financial crisis Thread

[Winston Biscuit]

Everton's accounts are out

Loss in 2023 of £89.1M
Loss over 3 seasons of £255m

[Sutekh]

Everton's accounts are out

Loss in 2023 of £89.1M
Loss over 3 seasons of £255m

Just disband them, the PL will need a precedent before the Man City mess.

[Winston Biscuit]

I assume all the top clubs will be submitting low offers for Jarrad Branthwaite before June 30th

[Winston Biscuit]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

[Clyde1998]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

[Clyde1998]

Leicester made a £90m pre-tax loss last season, despite extending their financial year by a month in order to include the Maddison transfer fee in that season's accounts.

They made a gross loss of £124m.

[Stranded]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

[Snowflake Royal]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Their problem will come when a few other clubs start swimming in their untapped markets and they (probably) simultaneously get bored of being midtable also rans and decide they want consistent Europe or some trophies.

Then a couple of mistakes on top of a squeeze on sales and increased spending and it can all crash down.

[Sutekh]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Big clubs won't like that. Expect some "rule changes" before long....

[Sutekh]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

I like the way the ones they sell to Chelsea instantly turn to cr@p.

[Clyde1998]

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Big clubs won't like that. Expect some "rule changes" before long....

Don't worry - most of the other clubs in the Premier League will have fallen foul of FFP, so won't be able to sign anyone in the near future.

[Clyde1998]

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

I like the way the ones they sell to Chelsea instantly turn to cr@p.

It's almost as if they're signing players without understanding properly what make them effective at Brighton (or signing them simply to deprive Brighton of the players).

[From Despair To Where?]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Isn't that what Liverpool have largely done for the past decade?

Buy Coutinho for £8m, sell for £125m, buy Mane, Salah and Firminho with the proceeds.

It's why their nett spend is so low compared to clubs if a similar stature.

[Mr Angry]

Leicester made a £90m pre-tax loss last season, despite extending their financial year by a month in order to include the Maddison transfer fee in that season's accounts.

They made a gross loss of £124m.

Their total losses for their last 3 seasons in the Premier League totalled more than £215M; they are going to get absolutely caned with a massive points deduction if they get promoted this season, not least because they are arguing they shouldn't get punished at all!

[Winston Biscuit]

Torquay go into administration

[Sutekh]

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Big clubs won't like that. Expect some "rule changes" before long....

And, hey presto, the PL clubs are now talking about scrapping points deductions as it's a bit unfair on clubs. Guess what, naughty clubs spending beyond their means will likely just be fined.

Nothing like encouraging "rule bending" but that's what you get I suppose if you let the turkeys organise Christmas.

[WestYorksRoyal]

Opposite end of the scale to Everton is Brighton, who have released their accounts showing last financial year they made a profit of £123M and that doesn't even include the money for Caicedo or Sanchez

Apparently that's a Premier League record. Even though it doesn't include money for Caicedo or Sanchez, they made a transfer profit of £121m. They had a pre-transfer loss of £16m.

Brighton showing how selling players can make a club sustainable and competitive above their natural revenue.

Brighton are absolutely the model. Buy "cheap" especially from untapped markets and drive the highest price possible, as you build up cash reserves, you can shop in a slightly more expensive market but still look for the value and potentially turn bigger profits.

Brighton owed Bloom £500m which has now decreased to £350m. The club is probably worth close to that now so he has made a return on his investment.

But to hold them up as an ideal model is naive. It took a billionaire owner who is a fan to invest a shed load. Without that investment they wouldn't have the infrastructure to identify and develop these players nor the stage for them to perform on which has created their value.

I don't begrudge them, but for most clubs they're simply not a realistic example to follow.

[Clyde1998]

Everton have just been deducted a further two points for failing PSR - https://www.bbc.co.uk/sport/football/68723109

[Sutekh]

Everton have just been deducted a further two points for failing PSR - https://www.bbc.co.uk/sport/football/68723109

So that loud whining I can hear isn't a jet overshooting Heathrow then.

[Mr Angry]

This quote today on the BBC Sport website from Andros Townsend really hacks me off, and demonstrates the arrogance of the whole of the Premier League.....

"Townsend said he thinks clubs had not anticipated that punishments for breaching the rules would be "this severe".

"Everton would have known they weren't going to be inside that £105m debt mark because they spent £30m in the summer," he said.

"They spent that knowing they weren't going to make this £105m target. I think clubs just thought it would be a fine and a slap on the wrists and get on with it."

In other words, Everton - despite knowing that they were ALREADY being in breach for the previous period - still went and overspent in the Summer KNOWING that they were going to be in breach again, but only because they expected just a minimal punishment!

Frankly, thats appalling, and they deserve everything they get.

If the Premier League change the rules again (and you just know that they will because at least the number of clubs who are needed to make a rule change will be in massive breach of the PSR rules and were also expecting merely a "a fine and a slap on the wrist") that would make a total mockery of the Premier League offering any sort of sporting integrity.