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Daily Record
Daily Record
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Where Scotland’s biggest clubs stand in shelling out wages compared to how much they bring in

Celtic, Rangers and Kilmarnock are among nine SPFL clubs to reveal their wages to income ratio for 2018.

Data compiled by Twitter account PriceOfFootball lays bare how much Scottish and English sides are spending on wages in comparison to how much cash being generated over the year.

The results present overall wage expenditure on all staff, not just player salaries, as a percentage of turnover and provides an interesting look at financial structures.

Using the percentages, we can look at clubs' annual results (up to June 30, 2018) to calculate how much they're paying out.

Premiership champions Celtic spent 58.4 per cent of their £101.6million revenue in 2018 on salaries - for a £59.3m wage bill.

(SNS Group)

Rangers , meanwhile, used a massive 73.8 per cent of their £32.6m revenue on paying staff - clocking in at £24.1m.

Kilmarnock, who finished third in the Premiership, had 61.7 per cent of their £5.1m income go on wages - a total of £3.14m.

Aberdeen had the lowest wage-to-income ratio of all the Scottish clubs included in the data at 55.6 per cent.

The club raked in £15.4m in 2018 which means £8.6m was splashed on salaries.

Hibs' 2018 turnover clocked in at £9.6m and they spent marginally more than Aberdeen at 55.8 per cent. That ensured the Hibees paid out £5.4m in wages.

(PA)

Their Edinburgh rivals Hearts also released their wage contributions.

They spent 57.9 per cent of their £12m-plus turnover, which yields a figure of approximately £6.9m.

Dundee took in £4.5m across 2018 but paid out a hefty 78.1 per cent on wages.

That took their total wage bill to £3.5m.

Championship winners Ross County also paid out a huge chunk of their revenue to staff at 89 per cent.

Partick Thistle, meanwhile, were almost left counting the cost of a second straight relegation and the prospect of life in League 1.

The Jags escaped the drop and brought in £4.5million in 2018.

The club spent 61.2 per cent of that on wages - final figure of £2.8m.

In comparison, Birmingham City spent £38m on wages despite only bringing in £18.8m - a staggering ratio of 202.2 per cent.

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