Premier League club, Brighton and Hove Albion have announced a record profit of £122.8 million in the 2023/24 financial year, which was the most successful season in the club’s history.
The Seaguils finished 6th in the 2023–24 Premier League season, reached the FA Cup semi-finals, and earned immensely from transfer fees for several key players, such as Moises Caicedo and Robert Sanchez to Chelsea, Alexis Mac Allister to Liverpool, amongst others.
An overview of the club’s financial records shows that profit after tax increased annually by almost £100m from £24.1m, with turnover going up by 17.2% to a record £204.5m. 
The figures can help make “significant progress” on the pitch, the club said.
“These accounts will of course catch the eye because of the headline number,” Brighton chief executive Paul Barber said.
“In a season when we made history on the pitch, we took a huge step forward in terms of the club’s long-held aim of becoming more sustainable and less reliant on [Brighton owner] Tony Bloom’s incredibly generous levels of investment.”
Brighton owner Tony Bloom took over the club in 2009, when they were playing in League One.
Barber added that Brighton have made a “substantial repayment” to Bloom for the first time.
This means the club reduced the balance on Bloom’s interest-free loan, given in 2007, to £373.3m from £406.5m.
Brighton’s record figures come at a time when several of their Premier League rivals, such as Nottingham Forest, Everton, and Championship side Leicester City, are facing sanctions for breaching rules by incurring heavy financial losses.
