Scottish Premier League (SPL) is set to boost its prize money by 30%, with the new sponsorship deal providing even more financial support for clubs in the region.

The increase comes after the league announced plans to introduce a new system that would allow clubs to claim a larger share of the prize money, which will be distributed to them on a tiered basis based on their performance in the season.

The new system aims to level the playing field for smaller clubs and ensure that all teams have equal opportunities to compete at the highest level of football.

In addition to this, the SPL has also introduced a new sponsorship deal with a major sports brand, which will provide additional funding for the league's development and growth.

This partnership will help to fund new facilities, equipment and technology, as well as other initiatives aimed at improving the quality of play and increasing fan engagement.

Overall, these changes demonstrate the league's commitment to promoting the growth and success of Scottish football, while also ensuring that the game remains competitive and accessible to everyone who loves it.

The move to increase the prize money and introduce new sponsorship deals is just one example of the league's efforts to improve the competitiveness and appeal of the sport in Scotland. By investing in the future of the game, the SPL is helping to build a stronger and more competitive footballing community in the region.