SPFL distributes £37.9m to clubs, latest accounts show

The SPFL has announced its latest accounts

The SPFL says it distributed £37.9m to the 42 member clubs in its latest accounting period, an increase of 6%.

The league body's figures show a similar percentage increase in turnover to a new high of £44.3m.

A new broadcasting deal with Sky and "other domestic and overseas broadcasting agreements" contributed to revenue.

Additionally, net gate receipts of £2.1m went to last season's Premier Sports Cup semi-finalists Aberdeen, Hearts, Hibernian and Rangers, who won the tournament.

Celtic won the Premiership, Dundee United secured promotion by finishing top of the Championship while the League 1 and 2 titles went to Falkirk and Stenhousemuir, respectively. The Challenge Cup was won by Airdrieonians.

Celtic won the SWPL title for the first time and Rangers won the SWPL Cup.

"We’re really proud to announce record turnover and fee payments to our member clubs today as we continue to build on the strong income growth and commercial deals in recent years," said SPFL chief executive Neil Doncaster.

"Given the challenging market and economic conditions right now, these encouraging results reinforce the huge popularity of Scottish football, as well as the level of interest this generates with our broadcasters and our increasing roster of partners."

Celtic men and Rangers women also won the Scottish Cup tournaments, which unlike the other major domestic tournaments are organised by the Scottish FA.

For the current season, the SPFL has new sponsorship and broadcasting deals in place.