As per a Companies House submission on Tuesday (29 October), the SPFL reported its updated accounts for the fiscal year up to 31 May, showing a turnover of £45.1million.It was a record-breaking figure for the governing body and marked a £2.5million increase from 2022-23.
After paying out any overheads, the SPFL’s financial model distributes all turnover to clubs from its four tiers.Documents from the Companies House submission reveal the fee paid out to clubs was £33.7million, which is £2million more than the previous year.
The exact distribution to clubs in Scotland’s top flight is not disclosed, but Rangers are set to receive a record-breaking fee from the SPFL.It comes at a time when Rangers’ financial situation is being heavily scrutinised after they released their latest accounts for 2023-24 on Tuesday (29 October).
The Glasgow giants’ core revenue increased from £83.8million in 2022-23 to a record-breaking £88.3million, while their total income was £94.2million.
