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Scottish Football Clubs Hold £22M in Unpaid Covid Loans

8/2/2025

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Summary

Story summary

Scottish football clubs are sitting on a staggering £22 million in unpaid Covid loans, according to a Guardian investigation. Despite borrowing £25.26 million in 2021 to aid recovery, many clubs are still splurging, sparking worries about their financial stewardship as they face repayment deadlines stretching to 2042.

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Story summary

Scottish football clubs are sitting on a staggering £22 million in unpaid Covid loans, according to a Guardian investigation. Despite borrowing £25.26 million in 2021 to aid recovery, many clubs are still splurging, sparking worries about their financial stewardship as they face repayment deadlines stretching to 2042.