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.See the full content of this document
Extract
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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