SPFL PRIZE POT REACHES £25M
PRIZE MONEY OF £25 MILLION WILL BE PAID TO CLUBS FOR SEASON 2018/19...
The SPFL has announced that £25 million in league prize money will be paid to its 42 member clubs this season.
League prize money is paid in addition to parachute payments, UEFA solidarity, Betfred Cup prize and TV money, IRN-BRU Cup prize and travel money, and clubs' match accounts from cup games at neutral venues. Season 2018/19 will see record amounts of Betfred Cup prize and TV money (£2,110,000), IRN-BRU Cup prize money (£428,990) and parachute payments paid to clubs.
Neil Doncaster, SPFL chief executive, said: “This season’s fee payments demonstrate the continued growth of the game in Scotland and reflect the huge strides that have been made by the SPFL and its member clubs alike.
“The SPFL remains committed to growing our game in the financial interests of all 42 member clubs. Our recently announced long-term broadcast contracts with Sky Sports, Premier Sports, BBC Scotland and MG ALBA from 2020 put the SPFL in a strong and confident position for the future.”
The £25 million league prize money is distributed according to the percentages set out below and is based on overall league standing at the end of the season.
1st - 13.40% - £3,350,000
2nd - 9.60% - £2,400,000
3rd - 8.25% - £2,062,500
4th - 7.25% - £1,812,500
5th - 6.75% - £1,687,500
6th - 6.25% - £1,562,500
7th - 5.75% - £1,437,500
8th - 5.50% - £1,375,000
9th - 5.25% - £1,312,500
10th -5.00% - £1,250,000
11th - 4.75% - £1,187,500
12th - 4.50% - £1,125,000
It might be that The Sheep show their TV money from league placing as "Broadcasting Rights" whereas Hibs and Gunts show as "Prize money".
Hibs accounts actually just lump everything together so its hard to distinguish what is what except for the "fck all" we get from that garbage community thing spun as a "great deal".
I thought I saw Gunts Turnover as a high as £15m recently (2019) due to their Scottish Cup run last season and "Commercial income" from The Sheep of £4.8m is huge so maybe that's where they put their fan/trust money.
I think you are right that Gunts show their FoF money somewhere else plus their mysterious donor money of £2m+ which was in an entirely seperate line called "Donations" in the 2019 accounts
Overall their is quite a gap between clubs with relatively the same size of fan base which is another reason why I have never bought into this Dempster "the Messiah" nonsense.
I can't explain, but ...I’m not sure why donations are hitting the profit and loss, perhaps some clever person can explain that to me. It screams tax dodge to me
Agreed.There shouldn't be as much as a gap regarding commercial money Dempster and co should be doing better.
Gunts have retail and catering done in-house whereas we outsource? I've read elsewhere and even on JKB that, if you take their anonymous donations out of the equation, they're running at an overall operating loss. Not sure on what the sheep's situation is.So on reflection, the gunts are turning over £15M and on top of that taking £3M in donations. Previous year was £12M and £2M (2018) We're turning over £9M (2018) - wow that is quite a gap.
Gate receipts and prize money/television money assuming are fairly similar £5M & £2M - say both are £7M means that the gunts have other turnover of £7M and we have other turnover of £2M.
I think there's more to this than meets the eye - but I've no idea why the gaps are so huge.