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  1. #1
    Left by mutual consent! Hibercelona's Avatar
    Join Date
    Jul 2006
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    Dunfermline
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    Interesting financial site.

    Never seen this posted anywhere else.

    http://www.football-finances.org.uk/spl/

    It seems to be a very accurate site for displaying the finances of the SPL clubs.

    Some very interesting information...

    Rangers have made losses of over 160 million in the last decade!

    Hearts....... well I don't need to tell you.

    Hibs are doing extremely well as you would expect. Over 7 million net profit in 2007 was an outstanding achievement!

    Celtic are also making losses.... but unfortunately its getting smaller every year!

    Plenty of information.


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  3. #2
    Left by mutual consent! Hibercelona's Avatar
    Join Date
    Jul 2006
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    Dunfermline
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    Last edited by Hibercelona; 09-11-2009 at 04:03 AM.

  4. #3
    Testimonial Due 'Mon the Hibs's Avatar
    Join Date
    Nov 2002
    Location
    Edinburgh
    Age
    39
    Posts
    4,717
    "On its day to day operations the club is losing roughly £11m a year. By selling Craig Gordon, and others for nearly £10m the club managed to produce a smaller loss of only £3.5m for the year. This result cannot be matched in 2009 due to the lack of saleable players. That the club are still spending £2m more on player wages than they get in income in total is totally unsustainable. The interest payments for 2008 of over £2m are another crippling cost. The club has debts of over £30m, with no obvious way of ever paying those debts off. Overall the results are very depressing."


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