Heart Of Midlothian finances and accounts
Heart Of Midlothian turned over £24m in 2024/25 and paid £19m in staff costs, which is 78.2% of everything the club earned.
Revenue by season
What Heart Of Midlothian turned over in each year we hold accounts for.
Every measure, season by season
Costs are shown as the amount paid. A dash is a measure Heart Of Midlothian does not report on its own.
| MEASURE | 2024/25 | 2023/24 | 2022/23 | 2021/22 | 2020/21 | 2019/20 | 2018/19 | 2015/16 |
|---|---|---|---|---|---|---|---|---|
| Revenue | £24,441,000£24.4m | £20,250,000£20.3m | £20,778,000£20.8m | £14,644,000£14.6m | £7,692,000£7.7m | £12,270,000£12.3m | £14,868,000£14.9m | £9,967,000£10.0m |
| Staff costs | £19,117,000£19.1m | £16,459,000£16.5m | £15,381,000£15.4m | £11,225,000£11.2m | £7,502,000£7.5m | £8,776,000£8.8m | £8,220,000£8.2m | £5,520,000£5.5m |
| Wages and salaries | £16,944,000£16.9m | £14,715,000£14.7m | - | - | - | - | - | - |
| Social security costs | £2,000,000£2.0m | £1,602,000£1.6m | - | - | - | - | - | - |
| Pension costs | £173,000£173k | £142,000£142k | - | - | - | - | - | - |
| Other expenses | £13,305,000£13.3m | £10,638,000£10.6m | £9,072,000£9.1m | £6,673,000£6.7m | £4,165,000£4.2m | £5,064,000£5.1m | £6,489,000£6.5m | £4,334,000£4.3m |
| Profit on player sales | £1,333,000£1.3m | £5,000£5k | £370,000£370k | £461,000£461k | £944,000£944k | £344,000£344k | £526,000£526k | £1,019,000£1.0m |
| Operating result | -£1,556,000£1.6m | -£4,144,000£4.1m | £539,000£539k | £1,862,000£1.9m | £2,158,000£2.2m | £485,000£485k | £3,124,000£3.1m | £780,000£780k |
| Pre-tax result | -£1,996,000£2.0m | -£4,441,000£4.4m | £298,000£298k | £1,749,000£1.7m | £2,015,000£2.0m | £429,000£429k | £2,931,000£2.9m | - |
| Wages to revenue | 78.2% | 81.3% | 74% | 76.7% | 97.5% | 71.5% | 55.3% | 55.4% |
What the wage bill covers
Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Heart Of Midlothian paid £19m against £24m of revenue, so 78p of every pound went back out as pay.
Scottish Premiership revenue
The 7 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.
Frequently asked questions
How much revenue do Heart Of Midlothian make?
Heart Of Midlothian turned over £24m in 2024/25.
What is the Heart Of Midlothian wage bill?
Heart Of Midlothian paid £19m in staff costs in 2024/25, which is 78.2% of revenue.
Do Heart Of Midlothian make a profit?
Heart Of Midlothian made a pre-tax loss of £2.0m in 2024/25.
The accounts behind these figures
Company number SC005863. Every set of accounts read for this page.
- 2024/25 accounts
- 2023/24 accounts
- 2022/23 accounts
- 2021/22 accounts
- 2020/21 accounts
- 2019/20 accounts
- 2018/19 accounts
- 2017/18 accounts
- 2016/17 accounts
Contains public sector information licensed under the Open Government Licence v3.0.