Kilmarnock's European Summer Lifted Income, but Wages Rose Faster
A season that started with European qualifiers ended in ninth place. The accounts show a club stretching to keep up.
In the 2024-25 season covered by these accounts, which run to May 2025, Kilmarnock began with European football, going out of the Europa League qualifiers to Cercle Brugge and then facing Tromsø in the Conference League qualifiers, without reaching the league phase. In the league, they finished ninth, clear of the relegation places but outside the top six.
Turnover rose by around 18% to around £9m, up from around £8m. Those European home matches at Rugby Park are likely to have helped, and the rise put Kilmarnock level with St Mirren in rounded terms and ahead of Motherwell, though still some way behind Dundee United, Aberdeen and the Edinburgh clubs.
Staff costs rose by around 21% to around £6m, around 65% of turnover. That is a manageable ratio by Scottish standards, but the direction of travel matters: wages grew faster than income in a year boosted by European money that won't come round every season.
The pre-tax loss narrowed slightly to around £1m. The balance sheet shows net assets of around £6m, but cash was under £0.5m at the year end, leaving little buffer, and the club employed 195 people. Without European income next time, holding that wage bill would be harder.
Kilmarnock changed manager in January 2026 and finished tenth in 2025-26, staying in the Premiership.
Kilmarnock used a European summer to grow the business, but very little cash means the club is running close to the edge.
Filed by THE KILMARNOCK FOOTBALL CLUB LIMITED (company SC006219), for the year to 2025-05-31. Full company profile →
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