SPL Finances

[The Doricle]

Yep, so long as the spl are willing to do it, and setanta don't go bust after failing with their premiership game bids. Hope they don't so we don't end up with another terrible deal with bbc scotland as that didn't pay much when it happened a few years back.

 

Could be very bad news.

[Ajja]

http://news.bbc.co.uk/sport1/hi/football/scot_prem/8004397.stm

 

Certainly a poorer deal. They will come with the old sob story of 'if we don't do this we will go bust and there will be no money'. Over a barrell on this one I suspect. The quickening continues.

[glasgow sheep]

Hearts weren't included in the above info however they have finally released figures today:

 

Despite bringing in over £9 million for players, and £12 million for the debt and equity scheme hearts debt only reduced by approximately £7 million pounds to £30 million.

 

Turnover £9.1 Million

Wages £11.2 Million

Wages/Turnover Ratio: 123%

 

 

Another concern for Hearts is that they are due to repay £17.6mn to Ubig in February 2010.

[Ajja]

Hearts weren't included in the above info however they have finally released figures today:

 

Despite bringing in over £9 million for players, and £12 million for the debt and equity scheme hearts debt only reduced by approximately £7 million pounds to £30 million.

 

Turnover £9.1 Million

Wages £11.2 Million

Wages/Turnover Ratio: 123%

 

 

Another concern for Hearts is that they are due to repay £17.6mn to Ubig in February 2010.

 

Am I correct in thinking that their wages as a %age of turnover is significantly worse than it was before ? Seem to remember it was more like 98% and that looked really fucking bad. Dear fuck it must be time to leap across to laughing at the cunts again. Best part is they are presenting these financials as good news...erm I mean cautious optimism. Nuggets.