The money for participation in the Scottish League Cup is due to go up ahead of the forthcoming season. The SPFL have made the decision to increase the level of spending on the Premier Sports Cup given the increase in sponsorship levels. The announcement comes as UEFA called for the abolition of domestic cups lately, ultimately being rebuffed – and rightly so.
The third cup in Scottish football will have £2.1 million fed into it for the 2022/23 season. The participation fee will be at least £22,000 for each club, with more teams throughout the pyramid gaining access to the cash. In total, the money has increased £150,000 from the previous year, signifying a determination to avoid scrapping the historical tournament.
The winner of this year’s competition will receive an eventual £350,000 for scooping the trophy at Hamden Park this coming winter. Last year Celtic defeated Jack Ross’ Hibernian side 2-1 to lift the first silverware of the season thanks to goals from our Japanese superstar, Kyogo Furuhashi.
It would be the first of a League and Cup double in Ange Postecoglou’s first season at Celtic Park.
CEO Neil Doncaster said in a statement published on the official SPFL website: “We are delighted to announce record prize money in this season’s Premier Sports Cup. Premier Sports have been fantastic supporters of our premier cup competition.
“Their investment into the cup has allowed us to announce record prize money this season and these funds will continue to support our clubs as they recover from the pandemic. With the first-round group stage kicking off on 9 July, we are very much looking forward to another year of passion, drama and excitement in this season’s Premier Sports Cup, live on Premier Sports.”