Hearts and Hibs gain from record breaking cash pot as Neil Doncaster sends verdict after SPFL distribute £42m
Hearts and Hibs gain from record breaking cash pot as Neil Doncaster sends verdict after SPFL distribute £42m.
The SPFL has posted their accounts, which include a benefit for Hearts and Hibernian. Hearts, Hibs, and the rest of the SPFL have benefited as league leaders announced a record-breaking total financial allocation to teams.
An all-time high of £42 million has been confirmed as being distributed across clubs, with accounts indicating that the value is up 11% (£4.1 million) from £37.9 million in 2024. For the first time, income reached £50 million, and the SPFL’s fees paid to clubs increased by seven figures to £35.1 million.
Recent television arrangements with Sky Sports and Premier Sports, as well as bookmaker William Hill’s sponsorship of the league, have contributed to an increase in revenue.
The SPFL data announced on Wednesday have left chief executive Neil Doncaster in the dark.
He stated, “We are extremely pleased to be able to announce the strongest turnover and total group distributions in the history of Scottish league football.” These are by far the finest financial results in the SPFL’s 12-year history.
Against the backdrop of global economic instability, our clubs’ strong cooperation and common commitment to continue growing our game commercially have been critical to attaining these outcomes.
“We recently recorded much higher attendances per capita than any other European league in a UEFA report for the third consecutive year, and these figures clearly reflect the incredible level of interest in our game among broadcasters and partners.
While we will never be complacent, we are pleased that the league is continuing to grow rapidly, and these financial figures represent an important milestone in the SPFL’s history.”
What SPFL said about new accounts
A statement read: “The Scottish Professional Football League (SPFL) group has distributed £42 million to clubs, the highest figure in the league’s history, according to its newly published annual accounts.”
The records show that total group distributions increased by £4.1 million (11%) to £42 million from £37.9 million previous year.
“SPFL group income totalled £50.4 million, surpassing the £50 million mark for the first time, while SPFL club fees grew by £1.4 million to £35.1 million. The rise in group distributions has been mostly driven by an increase in broadcast revenue.
This includes increased money from the SPFL’s partnership with Sky Sports, as well as a five-year arrangement signed with Premier Sports last year to show 20 live William Hill Premiership matches every season in the UK and Ireland, which has now been increased to 22 games.
“The boost in broadcast revenue was bolstered by considerable growth in licensing, match data, and sponsorship arrangements, with last season marking the start of a five-year, record-breaking sponsorship agreement with William Hill, one of the UK’s major bookmakers.
Fees paid to clubs (via the ‘ladder’, which gives a fixed percentage of fees based on where each club finishes in the league), parachute payments, monies paid to ScottishPower Women’s Premier League clubs, prize money in the Premier Sports Cup and KDM Evolution Trophy, and facility fees paid in respect of William Hill Premiership matches shown on Premier Sports are all included in group distributions.
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