Scottish Football clubs in receipt of interest free loans: FOI release

Information requested

The following Scottish Football Clubs received interest free loans from the Scottish Government to help with the effects of Covid - 19

• Aberdeen
• Heart of Midlothian
• Hibernian
• Kilmarnock
• Motherwell
• Rangers
• Ross County
• St Mirren

How much is still owed to the Scottish Government by each team as of 1 August 2023 ?

Response

As of the beginning of August, the position is as below:

Club	Balance Remaining
Aberdeen	£2,963,050.04
Heart of Midlothian	No loan issued.
Hibernian	£2,737,900.04
Kilmarnock	£1,736,599.96
Motherwell	£2,811,049.96
Rangers	£3,040,000.04
Ross Country	£1,100,100.00
St. Mirren	£1,764,000.00

It is the intention of the Scottish Government to gradually switch from the initial schedule of monthly repayments to a single annual payment in September of each year with the aim of simplifying administration and improving the cashflow position of clubs at minimal cost to the Scottish Government, and as an alternative to delaying the final repayment of the loans should this be requested by clubs.

One or more of the clubs above may therefore have switched to a monthly repayment schedule, which would impact their repayments to date.

All clubs are currently up to date with payments as set out in the original loan agreement or in subsequent amendments to that agreement.

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The Scottish Government is committed to publishing all information released in response to Freedom of Information requests. View all FOI responses at http://www.gov.scot/foi-responses.