The SPFL have published their annual accounts for the year ending May 2021, with the league showing a 17% increase on revenue from last year as Scottish football recovers from the impacts of Covid-19 – reporting an overall loss of £15000 for the year.
With revenues of £36.8million for the year, the league’s new broadcast deals helping clubs earn an additional £5.5 million from 2020, according to documents lodged with Companies House.
However, the loss of a title sponsor offset the gains made by the improved TV deals, with the SPFL initially struggling to replace Ladbrokes once their sponsorship of the leagues ended.
International TV revenue doubled over the last year to £2million but pales in comparison to the £1352million pocketed by the Premier League or the £26million generated by the EFL – highlighting just how far Scottish football has to go to close the gap with even the lower tiers of the English leagues.
Staffing costs of £1.3million covered 16 employees, including chief executive Neil Doncaster, with £1.15million of that in wages and salaries.
The accounts also revealed that there has been an average increase of 4.3% in viewers of live games on Sky Sports, climbing by 21,000 to 510,000.
The SPFL also acknowledge the dispute with Rangers over the league’s title sponsorship with Cinch but point out that it doesn’t impact on this set of accounts – with the matter set to go before an arbitration panel.
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