Rangers broke income records in 2022–2023 and are expected to receive financial support from the SPFL, according to Football Insider.
The Scottish Professional Football League, which had a turnover of £42.6 million for the fiscal year ending on May 31st, released its revised accounts via Companies House.
The Scottish Professional Football League saw a record-breaking turnover rate, up £3 million from the previous year.
The SPFL’s financial model distributes all turnover to clubs from its four tiers after covering any overhead.
According to documents from the SPFL’s Companies House filing, clubs received payments totaling somewhat less than £32 million.
Although the precise allocation to Scottish Premier League teams is unknown, Rangers are expected to earn a record-breaking sum from the SPFL.
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The SPFL’s domestic television arrangements, which were worth £40 million, or £3 million higher than 2021/22, accounted for the majority of its revenue.
The £1.1 billion foreign price of Premier League rights dwarfs the £2.5 million value assigned to international broadcasters.
According to Sportbusiness, Infront will keep selling the Scottish Premiership’s overseas broadcast rights through the conclusion of the 2028–2029 season.
Due to the SPFL’s record-breaking turnover, Rangers are anticipated to report more broadcast revenue in their 2023–2024 report.
In their most recent financial statements, the Ibrox club reported broadcast income of £24 million.
Meanwhile, Rangers supporters boo Sam Lammers for his performance in the team’s 2-1 victory over Sparta Prague, saying, “Will be gone soon.”
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