£11m loss 2022/23.

[Dubbag]

From BBC.
West Bromwich Albion have recorded an £11m loss for the 2022-23 campaign - the final full season under the ownership of Guochuan Lai.

Having made a £5.4m profit in 2021-22 - Albion's first campaign after relegation from the top flight - these latest figures follow the reduction of Premier League parachute payments.

Staff wages increased slightly from £42.4m to £45.9m, largely down to the departure of manager Steve Bruce and his coaching team - and the appointment of head coach Carlos Corberan and his own backroom staff.

Turnover decreased by £7.7m to £56.7m after a reduction in income from sponsorship deals, as well as the parachute payments reduction.

[Dubbag]

Still losing money each month and hard to imagine that Carlos has not bought a player since he arrived....

BBC
The further £20m loan from MSD Holdings UK Limited taken out in December 2022 by West Bromwich Albion Group Limited was extended by £8m in November 2023.

But Patel told BBC Radio WM in last month's exclusive interview that this would continue to be repaid in instalments as it made no financial sense to repay it earlier.

A further 2014 loan between the club and West Bromwich Albion Holdings Limited, now taken on by Bilkul Football WBA, is still under investigation.

[soulman101]

Still losing money each month and hard to imagine that Carlos has not bought a player since he arrived....

BBC
The further £20m loan from MSD Holdings UK Limited taken out in December 2022 by West Bromwich Albion Group Limited was extended by £8m in November 2023.

But Patel told BBC Radio WM in last month's exclusive interview that this would continue to be repaid in instalments as it made no financial sense to repay it earlier.

A further 2014 loan between the club and West Bromwich Albion Holdings Limited, now taken on by Bilkul Football WBA, is still under investigation.

Blues have lost£28m and Leicester have lost over £200m

[Dubbag]

Blues have lost£28m and Leicester have lost over £200m

I think the club tightened it's belt due to the mess it was in with the communist guy.
It would be a real bonus to the new owner if we made it into the PL this season but these results are very poor. I accept not as bad as others and hopefully it will remain under good stewardship going forward.
Guidance for another year in EFL would have been factored in doing due dilligence before hand. Next year could be even tighter then this year.

[mickd1961]

I think the club tightened it's belt due to the mess it was in with the communist guy.
It would be a real bonus to the new owner if we made it into the PL this season but these results are very poor. I accept not as bad as others and hopefully it will remain under good stewardship going forward.
Guidance for another year in EFL would have been factored in doing due dilligence before hand. Next year could be even tighter than this year.

In a worst case scenario Dubs, the sale of Fellows should wipe out the losses if handled properly by a grown up.

[Dubbag]

In a worst case scenario Dubs, the sale of Fellows should wipe out the losses if handled properly by a grown up.

Has been in short supply over the last number of years, grown ups. Would be nice to build a team around the younger players for a change tho.
We can but dream for now Mick.

[mickd1961]

Has been in short supply over the last number of years, grown ups. Would be nice to build a team around the younger players for a change tho.
We can but dream for now Mick.

I think we’ll be selling the likes of Tom for some time to come Dubs.

That’s fine as long as we are good at bringing in youngsters and value.

[baggieal]

I think we’ll be selling the likes of Tom for some time to come Dubs.

That’s fine as long as we are good at bringing in youngsters and value.

Totally agree Mick. A premier club could look at Fellows and take the view he’s the next Harvey Barnes - in my view he’s potentially better!

Bit controversial for some to grasp but will say it - Grady could do well in the Premier league where skill and actually playing football comes into it! Not so reliant as the championship in aggression and being physical.