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Brighton announce losses of over £10 million for last season

and Hove Albion have announced that they made losses of £10.44 million last season. This is slightly less than their previous losses of around £10.6 million the previous campaign.

In a statement on the club’s website Brighton chairman Tony Bloom said, “Any club wishing to compete for promotion will inevitably make significant losses.

“It remains a delicate balancing act for the board, recruitment team and manager as we strive to achieve our ultimate aim.

“We have had a very good start to the season but we all know just how competitive the Championship is, so it’s important we do not become complacent

“There is still a lot to do to realise our ambition of playing at the highest level.”

Under new financial fair play regulations clubs will be be allowed to make an aggregate loss of £39m over a three-season period.

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