Euro 2024 helps SFA increase turnover & profit
Euro 2024 participation helped the Scottish FA to turnover of £78.72m last year.The record figure is a £21.6m increase on 2023, while pre-tax profit was also up to £7.41m, compared with £2.05m the previous year.Furthermore, the SFA has benefited from additional funds from Grassroots Facilities Funding and the Scottish Government Extra Time initiative, and has committed £5m to increasing facilities across the country.Reserves and cash at bank and in hand were listed as £16.23m (reserves) and £18.1m (cash).The accounts state the increase in revenues and profits are "mostly related to the revenue generated from participation in the UEFA Euro 2024 finals tournament".Scotland's second successive men's European Championship appearance pitted Steve Clarke's side against hosts Germany as well as Switzerland and Hungary.The Scots lost to the Germans and Hungarians but drew with the Swiss in game two.Scotland women reached the Euro 2025 play-offs last year but, after defeating Hungary, fell short against Finland and missed out on the finals, with head coach Pedro Martinez Losa soon moving on.Melissa Andreatta has recently started as the new permanent head coach after Michael McArdle oversaw the team on a temporary basis.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Mail
2 hours ago
- Daily Mail
The exact amount of money you need for a 'moderate' retirement - so will YOU have enough? Our experts crunch the numbers and reveal how you can hit the goal at any age
Working out if you're on track for the retirement you dream of is essential to avoid running out of cash in older age. But the calculations are far from straightforward. That's why we've called on experts at investment platform AJ Bell to crunch the numbers to find out how much you need to be saving at every age to stand the best possible chance of attaining your ideal retirement.
Daily Mail
2 hours ago
- Daily Mail
White House warns Downing Street against letting China build 'super embassy' near sensitive financial sites
The Oval Office has urged Downing Street against giving a Chinese embassy the green light to be built near London financial centres. Previously, proposals for the 'super-embassy' were rejected by the Conservative government amid concerns from British intelligence. However, the plans have been reintroduced following lobbying from China 's very own President Xi Jinping. But fresh warning have since emerged, as due to the Royal Mint Court's locality to a sensitive hub of essential communication cables, it poses a great risk for an attack. The suggested site is also situated between several major financial hubs in Canary Wharf and the City as well as three crucial data centres. It is understood US President Donald Trump has warned Sir Keir Starmer against giving the embassy the go-ahead. The matter is believed to have been discussed during trade talks, as Britain and its Atlantic allies discuss how they will implement a trade deal to avoid UK steel producers being lumbered with 50 percent import tariffs by July 9. According to the Times, US diplomats would be trepidatious about sharing intelligence with Britain if the embassy went ahead. A senior US official told the publication: 'The United States is deeply concerned about providing China with potential access to the sensitive communications of one of our closest allies.' It comes after a claims 'dark cabling' running beneath the proposed site 'feeds the City of London' were given in a memo to the United States' National Security Council by members of the Inter-Parliamentary Alliance on China (Ipac). John Moolenaar, the Republican head of the House of Representatives' China committee said if these reports were 'accurate' that the site would 'pose an unacceptable risk' to both the UK and US. 'The Chinese Communist Party has a clear track record of targeting critical infrastructure.' he said. 'This development would raise serious concerns in the United States and could be viewed as an act of strategic overreach by Beijing and a curious error in judgment by London.' The executive director of IPAC, Luke de Pulford dubbed the matter as a 'flashpoint' in US-UK trade talks, adding that it was 'staggering' the White House had to corroborate the cabling risk to 'defend its own financial system. 'It's time to send Xi Jinping a clear message: no matter the pressure or coercion, the UK and US won't trade away national security, and this embassy isn't happening,' he said. China has been attempting to revise plans for the Royal Mint building, which neighbour the Tower of London, since they were purchased in 2018. It is believed the Chines foreign minister, Wang Yi, brought up the matter with foreign secretary, David Lammy, while visiting London last year. According to The Times, President Xi had also discussed the same issue with the Prime Minister in a phone conversation. The proposal for the embassy, which would be China's largest in Europe, was previously rejected by Tower Hamlets council in 2022. But two weeks after Labour Chancellor Rachel Reeves came back from a visit to China earlier this year, both the council's and Scotland Yard's objections were dropped. Priti Patel, the shadow foreign secretary, described China as a 'dangerous threat to the national and economic security of our country'. She said the Conservative party continued to stand 'firmly' against the embassy proposals, stating her party would never put the UK's 'financial centre or country at risk.' Next Monday, three of Trump's aides are scheduled to meet with their Chinese peers in London for discussions in a bid to solve the current trade war between the two economic powerhouses. The Treasury secretary Scott Bessent, the commerce secretary Howard Lutnick and the trade representative Jamieson Greer will act as representatives for the US, Trump has declared on Truth Social. Yesterday, China 's foreign ministry confirmed vice-premier He Lifeng will be on British shores from June 8 until June 13, adding that talks would with the US would take place. Previously, a Chinese embassy spokesperson has quashed spy allegations, stating: 'Anti-China elements are always keen on slandering and attacking China.' A government spokesman said: 'Applications for a new Chinese embassy in Tower Hamlets have been called in for ministers to decide. A final decision will be made in due course.'
Leader Live
2 hours ago
- Leader Live
England jeered after unimpressive win over minnows Andorra
The German coach called for relentlessness and patience against the side 173rd in FIFA's world rankings but got neither as the stuttering Euro 2024 runners-up were jeered at the end of both halves. This was the third time England have failed to score a first-half goal against Andorra in Barcelona, where the minnows kept out Steve McClaren's side in 2007 and Fabio Capello's team the following year. A 1-0 win for the #ThreeLions in Barcelona 👊 — England (@England) June 7, 2025 There was a breakthrough shortly after the break in both of those matches, just as there was in Saturday's World Cup qualifier when Harry Kane finally gave the 6,950 travelling fans something to cheer about. England's captain turned in lively Noni Madueke's cross in the 50th minute, yet the goals did not flow from that point and slow play brought further grumbles. Some fans made an early exit and there were more boos at the end of Tuchel's third win in charge. The England boss had named an attack-minded line-up at the RCDE Stadium – where the match was held as Andorra's new ground was not quite ready – and saw his side boss 83 per cent of first-half possession. But the Group K leaders were unable to turn dominance into a first-half opener as well-drilled, defence-minded Andorra held firm on a warm evening in Spain. Jude Bellingham saw a shot saved inside the opening minute and Curtis Jones soon saw an attempt blocked, with Ezri Konsa then denied a penalty despite being wrestled to the ground. Andorra goalkeeper Iker Alvarez looked uncertain at some set-pieces but produced some important stops, with his 14th-minute save from Madueke the most impressive. Kane struck wide from close range and Bellingham saw an attempt through a crowd saved but England's play was lacking incision. Andorra's support whistled for half-time as Bellingham saw a flicked header held in stoppage time, which ended with boos from unimpressed England fans. It was not only the performance that some supporters expressed anger with as Prime Minister Keir Starmer copped some flak at points during the first half. Ricard Fernandez's attempt to score Andorra's first goal against England went well wide early in the second half and the visitors finally broke the deadlock in the 50th minute. Jones slipped a ball through for stretching Kane to prod goalwards, with Madueke reacting quickest to Alvarez's save and sending a low ball back across for the skipper to stab home. England goal number 7️⃣2️⃣ for @HKane ⚽️🏴 — England (@England) June 7, 2025 Madueke was denied before Tuchel turned to Trent Alexander-Arnold and Eberechi Eze. The latter saw a header tipped over by Alvarez, increasing Andorran anticipation when substitute Guillaume Lopez skipped past Dan Burn to see a shot blocked by Konsa. Play petered out as some England fans made an early exit, understandably preferring to get their Saturday night started in Barcelona rather than see through a dreary conclusion. There was a chance at the death but Andorra escaped, England fans letting their annoyance known but later applauding the players.
