SFA Secures Big Money Rights deal
The Scottish Football Association believe they've secured themselves financial stability after agreeing a mandate with UEFA to centralise commercial rights to matches.
The mandate was achieved last week after a long period of negotiation between the governing body of European football and their 53 member associations and it will take effect from 2014.
The new template will be along the same lines as UEFA's commercial deals for the Champions League and Europa League and will incorporate the Euro 2016 and World Cup 2018 qualifying campaigns.
Reports today claim the new deal will guarantee the SFA £12.5 million per season, netting them an impressive £50million over the four-year period.
SFA chief executive Stewart Regan said: ``It is great news in the current financial climate and, while a lot of work has gone into the negotiations, there is still a lot still to be done.
``What we have agreed is a mandate and despite the big, round headline figures in the media this morning, we are not in a position to discuss the terms of the mandate.