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Kilmarnock run on a shoestring budget

Kieran Maguire of the PriceofFootball comments on Kilmarnock's latest accounts: 'The club runs to a shoestring budget, amazing that they can be one point off the top of the SPFL at present, amazing achievement.'

Income was static, wages up, a million in the bank, no money spent on players and no debt. For every £1 earned by Killie last season Celtic made £20 and Rangers FC £6.40. Kilmarnock are the only club reporting to date to show no income growth.

Kilmarnock's wage bill rose 42% taking average earnings to £1,400 a week. Still the second lowest of clubs who have shown figures. For every £1 paid by Kilmarnock Celtic pay £19.12 and Rangers £7.77. The wages to income ratio was up from 43% to 62% which is above the 50 per cent level recommended by Deloitte, but not dangerously so.

Higher wages and flat income turned profit in 2017 to loss in 2018 for the club. SPFL clubs who have reported have shown a combined profit of £3m in 2017/18, this compares to a staggering £571 million in the Premier League.

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