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Author Topic: Brighton  (Read 3977 times)

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GazLaz

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Re: Brighton
« Reply #30 on January 15, 2023, 10:20:17 pm by GazLaz »
They are owned by the smartest man in football. That’s the biggest difference between us and them.



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Campsall rover

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Re: Brighton
« Reply #31 on January 16, 2023, 08:09:18 am by Campsall rover »
The latest set of accounts available for Leyton Orient relate to the 2020/21 season, when they were in League Two. Their total wage bill then was £4.9m and the previous season 2019/20 when they were in the same league, was £4.4m.

I’d find it hard to believe their budget has gone backwards this season. As a result, their wage bill this season you could estimate is around twice our wage bill.
So your telling me during the Covid season, games played in empty stadiums, they had a wage bill of 4.9 million.

Sorry if that’s correct then they have a very wealthy benefactor who is bank rolling them.
I am not aware they do but I maybe incorrect.
They would in all likely hood be in deep financial trouble without that benefactor with those figures you have posted CBcb.

I seriously can’t see them being accurate. If they are then they have massively underachieved in the last few years haven’t they. 
There is only Bradford City imo that could sustain that sort of wage bill in League 2 without huge inputs from the owners.

Campsall rover

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Re: Brighton
« Reply #32 on January 16, 2023, 08:15:04 am by Campsall rover »
They are owned by the smartest man in football. That’s the biggest difference between us and them.
He needs to be more than smart.
Very very wealthy or he is borrowing vast sums, which if the case, will then end in a meltdown for the club as it always does.

sedwardsdrfc

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Re: Brighton
« Reply #33 on January 16, 2023, 12:09:41 pm by sedwardsdrfc »
They are owned by the smartest man in football. That’s the biggest difference between us and them.
He needs to be more than smart.
Very very wealthy or he is borrowing vast sums, which if the case, will then end in a meltdown for the club as it always does.

No debts can be paid. Especially when your in the prem and can sell multiple players you got for nothing for 60m.

I wouldn’t want the owners of DRFC borrowing hundreds of millions but there’s not many big and successful businesses that haven’t borrowed money to become more successful. So wouldn’t say it always ends in tears.

Issue is if they don’t repay debts while times are good and the owners just take out the club instead

Chris Black come back

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Re: Brighton
« Reply #34 on January 16, 2023, 12:57:42 pm by Chris Black come back »
The latest set of accounts available for Leyton Orient relate to the 2020/21 season, when they were in League Two. Their total wage bill then was £4.9m and the previous season 2019/20 when they were in the same league, was £4.4m.

I’d find it hard to believe their budget has gone backwards this season. As a result, their wage bill this season you could estimate is around twice our wage bill.
So your telling me during the Covid season, games played in empty stadiums, they had a wage bill of 4.9 million.

Sorry if that’s correct then they have a very wealthy benefactor who is bank rolling them.
I am not aware they do but I maybe incorrect.
They would in all likely hood be in deep financial trouble without that benefactor with those figures you have posted CBcb.

I seriously can’t see them being accurate. If they are then they have massively underachieved in the last few years haven’t they. 
There is only Bradford City imo that could sustain that sort of wage bill in League 2 without huge inputs from the owners.

They are from audited accounts.

DonnyBazR0ver

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Re: Brighton
« Reply #35 on January 16, 2023, 05:56:39 pm by DonnyBazR0ver »

Campsall rover

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Re: Brighton
« Reply #36 on January 17, 2023, 11:24:34 am by Campsall rover »
Just to supplement the discussion, this might help. Some points already covered.
 https://www.wearebrighton.com/newsopinion/a-53-4m-loss-and-what-else-we-learnt-from-brighton-2020-21-accounts/#:~:text=Instead%2C%20the%20club%20is%20losing,July%202021%20and%20September%202022.

Eye-watering!
That has shocked me DBR
I had no idea they had built up so much debt.  They have been described as a model club. Well run and not living beyond their means.
They do have a very wealthy owner so if he is able and willing to service that debt then they should be ok.

But as you say “eye watering”

Football is a crazy business. The money in the Premier League is beyond crazy. 

DonnyBazR0ver

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Re: Brighton
« Reply #37 on January 17, 2023, 04:06:02 pm by DonnyBazR0ver »
Once people look below the surface at the clubs they rever for progressing through the leagues they might realise the only thing they have in common to when they rubbed shoulders with us is the club name. They are entirely different clubs now.

Brentford, Bournemouth and others have risked huge sums. You could combine the wealth of most League One and Two Clubs and it still may not be enough to get to the top tier. 

We know the obscenity that is the parachute payments but even worse than that is the misuse of the payments to secure even more finance and debt.


Red wizard

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Re: Brighton
« Reply #38 on January 19, 2023, 09:37:26 pm by Red wizard »
They may of had Money to build the ground and fund a good side. There a big club who draws big crowds. They have filled that every week from th  first game. The fan base was always there. They just played in a 7 k capacity stadium. They have spent wisely imo.

 

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