SPFL league fees reach highest ever level for 2020/21 season after cash injection confirmed
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The Scottish Professional Football League have announced that £3.6 million, split between all 42 league clubs, will be released today in a move that will undoubtedly be welcomed by all in the Scottish football pyramid.
It comes as clubs learned at today’s SPFL general meeting that the total league fees shared by clubs for season 2020/21 amounted to £28,357,215. This figure excludes parachute payments and is the highest in the history of the league.
The latest distribution of funds, which is nearly £3.6 million plus VAT, will reach the majority of clubs this week.
The total figure distributed for season 2020/21 is £3 million above budget and £5 million more than the total fees distributed in 2019/20.
It is also an increase of 62 per cent on the amount paid to clubs in the first season following the 2013 merger of the Scottish Premier League and Scottish Football League to form the 42-club SPFL.
The SPFL’s accounts for the year ended May 31 2021 show that turnover increased 17.4 per cent to £36.8m, and total fees paid to clubs (including parachute payments) increased by 20.5 per cent (£4.9 m).
SPFL chief executive Neil Doncaster, said: “We are extremely happy to be able to transfer £3.6 million in league fees to our members this week, bringing total distributions to clubs for Season 2020/21 to over £28 million – the largest sum in the history of Scottish league football.
“It continues to be a very tough time for our 42 member clubs as the entire country attempts to recover from the pandemic, but these vital funds will help support them in this difficult period.
"We are determined to continue building on this success in the coming years, working with our clubs and their executive teams to maximise opportunities to further invest in the game.”