Price Waterhouse Cooper have published their annual report into Scottish football finances, covering the last season full statistics were available for, 2004/05. For the first time Caley thistle are included in the report. I can't find a link to it anywhere but here are some of the important stats from the report, nicked from P&B
All figures are in £,000's.
NET ASSETS (Assets - liabilities)
Dundee………………. – 9,402
Dunfermline………… –9,026
Hearts………………... – 6,677
Livingston…………… - 5,490
Dundee Utd……….. – 3,730
ICT………………….. ... +419
Aberdeen……………… +740
Motherwell…………… +1,178
Kilmarnock…………… +2,467
Hibs…………………..... +2,368
Celtic…………………... +16,215
Rangers………………..+78,839
WAGES
Celtic………………… 37,394
Rangers….………….27,303
Aberdeen………………4,636
Hearts…………………..4,541
Livingston……………..3,689
Kilmarnock…….…….3,512
Dundee Utd………….3,492
Hibs……………………...3,326
Dunfermline………….2,569
Motherwell……………2,404
Dundee…………………1,943
ICT……………………....1,310
NET DEBT
Rangers…………………23,148
Hearts…………………..21,526
Celtic…………………...19,503
Kilmarnock…………..13,025
Dundee………………….11,800
Aberdeen……………….9,374
Hibs…………………….....9,295
Dunfermline……………7,933
Dundee Utd………….…7,354
Livingston……………...5,616
Motherwell………………635
ICT………………………..(134)
I think these figures show what an achievement we have made being so successful in the SPL considering the financial disparity between us and our rivals. I can't believe Livingston paid nearly three times as much in wages than we did that season, anyone who saw us win 4-1 at Almondvale in 2005 must've thought the Livi players were paying to play rather than being paid! Also, how have Dundee and Dunfermline stayed in business being insolvent to the tune of £10,000,000 each? :010: