The SPFL have sent out a record sum to SPFL clubs.
The Scottish Professional Football League have today sent out £42million across all 42 clubs in the SPFL which is an increase of 11% from last year’s £37.9million which is now sitting at £42million going up by £4.1million.
The SPFL brought in a sum of £50.4million which has surpassed the threshold of £50million, making history. Money paid by the SPFL to teams in the top 4 decision has increased to £35.1million.
The TV money has been the main factor for the increase which is also down to the rise of income in the deal with Sky Sports including the 5-year contract with Premier Sports which was to show 20 games a season which has went up to 22 in the United Kingdom and Ireland.
Another factor of the sharp rise of revenue was down to the sponsorships, licences and match data with the historic deal with the top betting company. William Hill with last season being the beginning of the 5-year contract.
SPFL group chief executive, Neil Doncaster said: “We’re extremely pleased to be able to announce the strongest turnover and total group distributions in the history of Scottish league football. These figures are by some distance the best financial figures in the 12 years of the SPFL.
“Against a backdrop of worldwide economic uncertainty, the strong cooperation amongst our clubs and a shared focus to continue to grow our game commercially has been vital to achieving these results.
“We’ve recently reported considerably higher attendances per capita than any other European league in a UEFA report for the third year running, and these figures also reflect the high level of interest in our game from broadcasters and partners. Whilst we will never be complacent, we are proud that the league continues to make significant progress, and these financial results represent an important milestone in the history of the SPFL.”
SPFL chairman, Murdoch MacLennan said: “Our latest results once again underline the strength and ambition of our game here in Scotland:
“Our small but dedicated team at the SPFL is focused on driving forward the league for our 42 member clubs and we will now look to build on this momentum in the months and years ahead.”
The fees will be sent out to clubs depending on where clubs finish in their respective league season. Funding will be sent to Scottish Power Women’s Premier League sides as well as prize totals in the Premier Sports Cup and KDM Evolution trophy. Payments for space will also be given in selected Scottish Premiership matches which are shown live on Premier Sports.
