Football finance expert Kieran Maguire has reassured Brighton and Hove Albion fans about the club's £21.2m loss in 2018/19, saying that they should not be too worried: Expert's view
Maguire notes that the income £143.4m compares to £1.6m when they had their first season in the top division in 1979/80.
Turnover remained similar to the debut Prem season at £143.4million last term against £139.4 million in 2017-18. The club made a £11.3 profit in the previous year, but managerial changes, wages and transfer fees dented profits.
Maguire notes, 'Brighton matchday income flat as average attendance of 30,403 reflects capacity at Amex stadium. The only way to increase it is increase capacity (too costly) or more matches at home.'
Broadcast income up 3% to £113m. More overseas income and FA Cup progress good but lower prize money and fewer matches shown on BT/Sky bad for finances compared to previous season. TV money contributes £79 out of every £100 for Brighton, compared to just over a quarter when they first moved to the Amex stadium in 2011.
Brighton wage bill up over 30% to over £100 million reflecting new contracts for Dunk, Duffy, Gross & others, as well as new signings coming in on PL level wages. Average wage about £47k a week. For every £1,000 in wages in 1st top flight season in 1979/80 now paying £128,000.
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