Tv Deal May Not Be Enough to Secure Spl Clubs

Summary


SEVERAL Scottish Premier League (SPL) clubs remain in danger of financial collapse despite striking a GBP 65 million television deal with BSkyB and ESPN, an insolvency practitioner has warned.

Bryan Jackson, who handled the administration of Motherwell Football Club, said several debt-laden clubs remain in a precarious financial position as last week's deal, which replaces a previous agreement with the failed broadcaster Setanta, will collectively leave SPL clubs GBP 18.25m per season worse off from 2010.

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Tv Deal May Not Be Enough to Secure Spl Clubs

The partner at accountancy firm PKF said the 58 per cent cut in income from TV rights plus the co...

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