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[Albion] Does it pay
- Thread starter cirC
- Start date
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,698
Thanks, although I don't love seeing my name linked with that thing
So from 2013 to 2022, Palace made an overall loss of £141.1m, whereas Brighton lost £199.8m.
In 2022, Palace made a loss and Brighton made a profit, combining to make a difference of £44.8m.
Given our better performances recently (finishing 6th in the PL, and our Europa League adventure), as well as our transfer dealings, I'd expect more of the same for 2023 and 2024, so I imagine the total loss for each club since 2013 will be about the same at the moment.
In 2022, Palace made a loss and Brighton made a profit, combining to make a difference of £44.8m.
Given our better performances recently (finishing 6th in the PL, and our Europa League adventure), as well as our transfer dealings, I'd expect more of the same for 2023 and 2024, so I imagine the total loss for each club since 2013 will be about the same at the moment.
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,698
We will post a profit of £110m for 22/23
And have a squad worth at least £100m more than them.
As i keep o. Saying, there's debt, and then there's a financial strategy.
Let them bang on about the £400m.
We csn just enjoy what it's given us.
Er, no.
IMO Bloom has done an incredible job, not because he has spent a lot (which, like many other owners, he has), but because he's built the club so wisely, and I think his genius (and that's what it is) should be recognised as such.
Instead we have the likes of Jordan and Souness
suggesting we've simply got where we are today by spending. I don't think they should bang on unchallenged with false statements.
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Our facilities are near enough complete. They’ll require further debt/investment of at least £160m just to build one stand.
At the moment any financial comparison is pears versus rotten apples.
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Sirnormangall
Well-known member
- Sep 21, 2017
- 2,971
Absolutely- if you compared the value of respective assets ( stadium, training ground, team) we’re miles ahead.
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,698
This
Effectively tony has spent £150m more than Parish for a better squad and a new stadium.
We are miles ahead in real terms
How is that £150m calculated?
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,698
Back of a fag packet
Tony spent 465m
Palace lost 135m
Parish paid 50m to write off the debt
Place lose fuether 25m last season
We make 110m last season
Balanx e £145M
Jimmy Grimble
Well-known member
Anyone else expect this to be a thread about chasing a winner in the 95th minute away from home instead of managing out a draw?
Uh_huh_him
Well-known member
- Sep 28, 2011
- 10,698
From the Palace Video, I assume that the money coming in from Textor has been used to pay off the accumulated debts.
With that in mind, does that mean they will be continually looking for new investors to cover the future losses?
With that in mind, does that mean they will be continually looking for new investors to cover the future losses?