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Brentford had second highest profit in top flight

After adjusting for player sales, one off transactions and interest costs Brentford had second highest profit before tax in the Premier League last season, reports Kieran Maguire.   Turnover was up 708%, mainly due to promotion to Premier League and a small impact of end of Covid.

Turnover £141m, more than the previous 15 seasons added together .Wages £68m, lowest in Premier League.  Profits £30m. Transfer spend £40m.  Borrowings down to £39m.    As a result of cost control Brentford made a day to day profit of £25m, highest in the Premier League and first profit for a long time.

 Matchday up on end of lockdown and boosted by new stadium move which tripled previous record.   Success on pitch meant almost £115m, 80% of total of revenue, from broadcast.  Commercial income almost tripled on back of new stadium and FOS deals in Premier League, but still low by Premier League  standards.

Wages are biggest cost, but Brentford had by far the lowest wage bill in PL last season. Expect a substantial increase in 22/23.  Compared to rest of Premier League Brentford have excellent wage control. Suspect players and agents have been knocking on the door though.

In terms of player trading, Brentford had a net spend of £35m in their first PL season.  Player trading was the method Brentford used in Championship to partly absorb losses, not required in first season in top flight as club gave those players who promoted club chance to show their ability in top division.

 


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