Brighton 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 Championship 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.
