Probably of greatest interest to fans is that the current arrangement regarding Old Firm fans in the Davie Cooper is to be continued for the foreseeable future. While confirming that tickets are not paid for upfront by either Rangers or Celtic and that extra revenue does depend on individual interest in each fixture the club still makes between fifty and seventy thousand pounds extra per game. Concerns about fan safety were raised and the board said they are working with police to improve this with it being suggested to police that they should hold away fans back for ten minutes after games.
A breakdown of the club's figures for the financial year was run through, another small profit was made but it was made clear that it is tight. Indeed a profit would not have been made if we hadn't sold a lease for mobile phone masts for a lump sum of around £350k. Turnover was unsurprisingly down due to falling out of the top six and not appearing in a cup final last season. By and large income and expenses remained fairly static. Some extra money was spent on the Main stand to keep it up to standard.
Briefly mentioned were the oft circulated rumours that we may be moving to Ravenscraig and that the club no longer owns the ground, these were absolutely denied by the board. There are no plans for Ravenscraig and
There was an explanation of the new Setanta deal. We now no longer get a fee for games broadcast live. Income from the TV deal works roughly as follows. £660k is paid to the club at the beginning of the season and anything above that depends on league placing, The difference between 7th and 11th being something in region of £300k. With the increments increasing the higher up the league you go.