Record turnover for Scottish Professional Football League

Hello and welcome to our daily digest of business, financial and economic news from around Scotland.

1. The Scottish Professional Football League (SPFL) has increased its distributions to clubs by almost 6 per cent.

The organisation said the £37.9 million figure, up from £35.8 million, was the largest in its history.

That came on the back of turnover for the 12 months to May rising by 6 per cent to a record £44.3 million.

The increase was largely driven by a television contract with Sky Sports as well as growth in other domestic and overseas broadcasting revenue.

Neil Doncaster, the SPFL chief executive, said: “Given the challenging market and economic conditions right now, these encouraging results reinforce the huge popularity of Scottish football, as