Brighton spent 400 million- and Rick Perry on football finances

Jedi boro

Jedi boro

Well-known member
According to Simon Jordan, I never knew this.

And they are often perceived as the small club doing it on a budget.

400 million wow
 
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Chappy112 said:
They are a small club doing it on a budget, it's very disingenuous to look at what they've spent but not what they've brought in.

I believe they're the only Premier League side that has brought more money in from transfers than they've spent.

Net Spend
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Whilst that's all true, what they spend on wages is probably a bigger indicator of how their 'pluckiness' should be measured.
 
Jedi boro said:
According to Simon Jordan, I never knew this.

And they are often perceived as the small club doing it on a budget.

400 million wow
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And how much have they made selling players for inflated prices!! they got £255M off crazy megabucks Chelsea, and raised over £300m in total last year in sales.
 
Chappy112 said:
They are a small club doing it on a budget, it's very disingenuous to look at what they've spent but not what they've brought in.

I believe they're the only Premier League side that has brought more money in from transfers than they've spent.

Net Spend
Click to expand...
No, Jedi is absolutely correct.
Brighton did invest enormous money in players on promotion.
They built up massive debt to owner (Bloom) and the biggest nett shareholder deficit in British football.
They have subsequently sold lots of players and established their model.

I have repeatedly posted their strategy and their position.

Bloom gambled on the quality of his recruitment and coaching to develop assets to sell - in order to reinvest and establish Brighton in the PL.
He's done it.
He's much richer than Gibson. But he still had to bank roll it.
 
It would be like suggesting us and Coventry are big spenders this season, Coventry especially but really we're just spending the money that we brought in(probably much less).
 
indeedido said:
No, Jedi is absolutely correct.
Brighton did invest enormous money in players on promotion.
They built up massive debt to owner (Bloom) and the biggest nett shareholder deficit in British football.
They have subsequently sold lots of players and established their model.

I have repeatedly posted their strategy and their position.

Bloom gambled on the quality of his recruitment and coaching to develop assets to sell - in order to reinvest and establish Brighton in the PL.
He's done it.
He's much richer than Gibson. But he still had to bank roll it.
Click to expand...
That was his point yes they have recovered slot if it but they gambled in 400 mil to get there first.
Huge outlay to begin with.
 
We beat them to promotion a few years ago and look at where they are now to where we are. You cant critisise their model.
 
indeedido said:
No, Jedi is absolutely correct.
Brighton did invest enormous money in players on promotion.
They built up massive debt to owner (Bloom) and the biggest nett shareholder deficit in British football.
They have subsequently sold lots of players and established their model.

I have repeatedly posted their strategy and their position.

Bloom gambled on the quality of his recruitment and coaching to develop assets to sell - in order to reinvest and establish Brighton in the PL.
He's done it.
He's much richer than Gibson. But he still had to bank roll it.
Click to expand...
This is exactly the point that people choose to forget. It's brilliant to bring in mega bucks for players, but you still need an owner who is prepared to actually spend it. Not always the case.
 
Extended title as interesting comments re reading about how powerless the EFL are in the hands of people like readings owners.
 
North22 said:
We beat them to promotion a few years ago and look at where they are now to where we are. You cant critisise their model.
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It was a gamble that paid off. I don't think it's about criticism. It's just acknowledging they spent big. Had it gone the other way and some of those players had not succeeded and they had been relegated. They would have been in deep schitt.
 
North22 said:
We beat them to promotion a few years ago and look at where they are now to where we are. You cant critisise their model.
Click to expand...
Its one of those 'models' that will look great until they get relegated when they weren't planning to.

Its all about what they achieve during their spell in the sunshine before it all comes down. So far - nish, just like Southampton, Stoke and lots of others.

Lets see how they do in Europe.
 
atypical_boro said:
Its one of those 'models' that will look great until they get relegated when they weren't planning to.

Its all about what they achieve during their spell in the sunshine before it all comes down. So far - nish, just like Southampton, Stoke and lots of others.
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I posted this in the FFP thready yesterday.

It's similar to what Leicester and Southampton did ten years before them. They are both playing Championship football this season. Albeit they seem t have coped with relegation fine and could both bounce back up. The challenge starts when you have 2 or 3 seasons of Championship football
 
atypical_boro said:
Its one of those 'models' that will look great until they get relegated when they weren't planning to.

Its all about what they achieve during their spell in the sunshine before it all comes down. So far - nish, just like Southampton, Stoke and lots of others.

Lets see how they do in Europe.
Click to expand...
That is missing the point.
Their model has changed twice.

Originally Bloom bankrolled Champs losses without big transfer spend to get up.

Then spent an absolute fortune to create a squad capable of surviving and thriving in PL to be capable of self sufficiency and an ability to start paying down debt to self.

Then changed to a sell to buy model having established both outstanding recruitment and coaching capabilities. They now generate huge profit on players bought on rich potential.
The profit covers their purchases and means their debt is reducing absolutely and relative to both turnover, shareholder value and market value.

Bloom gambled very big. But on huge capabilities/competence.

An alternative would be to play safe, get relegated and spend years in the Championship building up the same debt through pure inevitable championship losses.

The Brighton “model” is a lazy expression and simplifies a brave strategy.
Hats off to Bloom in a very big way.
 
indeedido said:
That is missing the point.
Their model has changed twice.

Originally Bloom bankrolled Champs losses without big transfer spend to get up.

Then spent an absolute fortune to create a squad capable of surviving and thriving in PL to be capable of self sufficiency and an ability to start paying down debt to self.

Then changed to a sell to buy model having established both outstanding recruitment and coaching capabilities. They now generate huge profit on players bought on rich potential.
The profit covers their purchases and means their debt is reducing absolutely and relative to both turnover, shareholder value and market value.

Bloom gambled very big. But on huge capabilities/competence.

An alternative would be to play safe, get relegated and spend years in the Championship building up the same debt through pure inevitable championship losses.

The Brighton “model” is a lazy expression and simplifies a brave strategy.
Hats off to Bloom in a very big way.
Click to expand...
So in a nutshell:

Get a rich owner.
Spend big initially.
Establish yourself in the PL.
When you're good, sell the odd good player for as much as you can.
Reinvestment some of that money in other players.
Sell some of them.
Stay established in the PL until you hit financial difficulties.

Hey presto!
 
atypical_boro said:
Whilst that's all true, what they spend on wages is probably a bigger indicator of how their 'pluckiness' should be measured.
Click to expand...
It was the wages that crippled Leicester - whacked their FFP and meant they had to try and stand still in their final Premier season.
 
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