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Financial struggles for half of clubs in Scotland

Graeme Macpherson

Football Writer

Saturday 24 May 2014

 

HALF of Scotland's leading clubs are suffering from "signs of financial distress", according to a report produced by a leading insolvency practioner.

 

The survey carried out by Begbies Traynor also revealed that three unnamed clubs in Scottish football's three top divisions - the SPFL Premiership, Championship and League One - are under "critical financial distress". The report also showed overall attendances across all four top divisions were down by 6%, with League 1 crowds dropping by 16% since last October despite Rangers' presence in the division. Attendances in the Championship were down by 8%.

 

http://www.heraldscotland.com/sport/football/financial-struggles-for-half-of-clubs-in-scotland.24309676

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