Kilmarnock FC Annual Report - Year Ending May 2025

Despite record turnover - mainly thanks to European football - Kilmarnock still made a near £800k loss.

Kilmarnock are now the 8th largest club in Scotland, based on Season ticket numbers.

Kilmarnock’s accounts for year ending May 2025 have been released to shareholders, ahead of the AGM on January 29th. They cover a year where Derek McInnes guided Killie to a 9th place finish - seven points clear of the relegation playoff place. They exited both cup competitions at the first hurdle, which can partly be attributed to an unfortunate draw. They were handed away matches against Premiership opponents in both competitions, firstly losing 1-0 AET against Motherwell in the League Cup before a narrow 2-1 defeat in Glasgow against Celtic in the Scottish Cup.

This poor domestic showing resulted in a reduction in prizemoney of £742,387. Their £102k earned from domestic cup competitions was a drop of £144k, while the £1.8m earned through league position prizemoney was a £598k reduction.

However, a decline in domestic prize money was mitigated by the fact Kilmarnock qualified for Europe, playing six matches. They were unbeaten in all three home fixtures, with credible score draws against Cercle Brugge, Tromsø and Copenhagen. Their only victory was away from home in the return leg against Tromsø, which was enough to secure progression to the Conference League playoff round. Unfortunately, Killie just fell short of the promised lands of the league phase - and an even bigger payday - after losing 3-1 on aggregate to Copenhagen.

The 9th place finish in May of 2025 resulted in SPFL club fees of £1.8m - which matches my own calculations, a reductions from the nearly £2.5m they received the previous year after achieving a 4th place finish.

The club fees paid last season to all 42 SPFL clubs.

It’s a familiar story to last year’s accounts for Killie as another loss was posted. However turnover increased significantly, while the loss made has decreased from previous years. This article examines the numbers in more detail, before providing an opinion on the future risks facing Kilmarnock.