sep 8, 1997 - The clubs in the Premier Division decided to split from the Scottish Football League and form a Scottish Premier League (SPL). This decision was fuelled by a desire by the top clubs in Scotland to retain more of the revenue generated by the game. After the SPL was formed, its clubs retained all of its commercial revenues except for an annual payment to the SFL and a parachute payment to relegated clubs.
Added to timeline:
Date:
sep 8, 1997
Now
~ 28 years ago