Scottish FA announce £38.4m turnover during AGM
Ana Stewart, the first female appointed to the Scottish FA board, also re-elected during meeting at Hampden Park
Wednesday 6 June 2018 17:34, UK
The Scottish Football Associaton have announced an increased turnover of £38.4m for 2017 at their Annual General Meeting in Glasgow.
It is the second-highest increase ever posted by the Scottish FA, and will lead to a £10.4m payout to all Scottish clubs.
The payments contribute towards the development and growth of the game at all levels in Scotland, as well as reward clubs for supporting the aims of the Scottish FA's strategy, including the development of home-grown talent at first-team and international level.
Newly appointed chief executive Ian Maxwell said: "Everyone in attendance today wants to see a vibrant and successful game and it was a privilege to be with the clubs to reflect on 2017 and look ahead to the some of the challenges that we are facing into."
During the AGM at Hampden Park, Ana Stewart, the first female on the Scottish FA board, was re-elected after being first appointed in September 2017.
Maxwell added: "I am also delighted to see the re-election of Ana Stewart to our Board of Directors. She, alongside the rest of the board, the hardworking staff and, of course, the clubs will help us to drive the game forward."