Still waiting for last season's money????

[where'stheslope]

According to BBC website, the money from the SKY deal has yet to be paid out???

SPFL: Clubs still waiting for seven-figure sum of TV money from last season - BBC Sport (https://www.bbc.co.uk/sport/football/55091790)

After all the court proceedings and relegation and promotion problems, you would have thought this money would have been paid out long ago!

I'm sure the SPFL had said one of the reasons for curtailing the league was so this money would be paid out???

Looks as if we've all been fed a line, and all the chairmen of their clubs have bought it!!!!

[ancient hibee]

Strange story. The SKY money just goes into the prize pot and this is then divided. I seem to remember it being said that as an interim share out all clubs in the Premier got a payment equal to the last placed club's payment.

[CropleyWasGod]

Strange story. The SKY money just goes into the prize pot and this is then divided. I seem to remember it being said that as an interim share out all clubs in the Premier got a payment equal to the last placed club's payment.

That's exactly what happened.

This payment is usually paid in October. I suspect that there is a discussion going on between the League and their auditors about how much can justifiably be paid out, given the current financial climate.

BTW, English has it wrong about the filing date. It's May, not February. As he does, I think he has half a story here and has blown it up into something it isn't. It looks like another pop at the SPFL.

[hibbysam]

That's exactly what happened.

This payment is usually paid in October. I suspect that there is a discussion going on between the League and their auditors about how much can justifiably be paid out, given the current financial climate.

BTW, English has it wrong about the filing date. It's May, not February. As he does, I think he has half a story here and has blown it up into something it isn't. It looks like another pop at the SPFL.

forgive my ignorance mate, I’m hopeless when it comes to this, but isn’t it the case that all money taken in is then handed back out, Doncaster referenced before that the league hold no reserves. If this is last years money I’d have thought it was easy to say what needs paid out in expenses (presume most has been paid) and then what is left to divvy up between the clubs?

[CropleyWasGod]

forgive my ignorance mate, I’m hopeless when it comes to this, but isn’t it the case that all money taken in is then handed back out, Doncaster referenced before that the league hold no reserves. If this is last years money I’d have thought it was easy to say what needs paid out in expenses (presume most has been paid) and then what is left to divvy up between the clubs?

Normally, that is what happens. This year, there is a complication in that Sky are clawing back money for games that weren't covered. AIUI, that is to be deducted from future years' payments.

My guess is that the current delay is centred on that, and to what extent that clawback should be kept in reserves.

[hibbysam]

Normally, that is what happens. This year, there is a complication in that Sky are clawing back money for games that weren't covered. AIUI, that is to be deducted from future years' payments.

My guess is that the current delay is centred on that, and to what extent that clawback should be kept in reserves.

Might not be as simple as this, but can’t Sky just keep whatever they are owed year on year from what they would normally transfer to the SPFL? Last years money shouldn’t really be included in that calculation and that would mean no reason to hold back reserves.

[JimBHibees]

That's exactly what happened.

This payment is usually paid in October. I suspect that there is a discussion going on between the League and their auditors about how much can justifiably be paid out, given the current financial climate.

BTW, English has it wrong about the filing date. It's May, not February. As he does, I think he has half a story here and has blown it up into something it isn't. It looks like another pop at the SPFL.

The fact it is English again having a pop at spfl should automatically cast doubt on the accuracy of the story imo. He has proven himself to be lacking in a considered and fair approach in anything related to the spfl.

[CropleyWasGod]

Might not be as simple as this, but can’t Sky just keep whatever they are owed year on year from what they would normally transfer to the SPFL? Last years money shouldn’t really be included in that calculation and that would mean no reason to hold back reserves.

That is what is happening.Sorry if I didn't explain that too well.

It will be complicated further by the need to retain reserves to cover reduced income this season, and perhaps next.

[Keith_M]

As soon as I saw Tom English was involved, I knew this would just be yet another dig about Hearts being relegated.

The guy is incapable of writing a balanced and fair article based on facts.