FIFE clubs are in line for a cash boost after the SPFL announced the release of £3.6 million of funding.

The governing body are providing the significant seven-figure sum to all 42 member clubs across the cinch Premiership, Championship, League One and League Two following a general meeting on Monday.

It was revealed that the total league fees that were shared by clubs for season 2020/21 amounted to £28,357,215 which, excluding parachute payments, is the highest in the league's history.

The total figure distributed for season 2020/21 is £3 million above budget, and £5 million more than the fees given out the previous season, and the latest funds to be given out will reach the majority of clubs this week.

SPFL chief executive, Neil Doncaster, said: "We are extremely happy to be able to transfer £3.6 million in league fees to our members this week, bringing total distributions to clubs for Season 2020/21 to over £28 million – the largest sum in the history of Scottish league football.

"It continues to be a very tough time for our 42 member clubs as the entire country attempts to recover from the pandemic, but these vital funds will help support them in this difficult period. We are determined to continue building on this success in the coming years, working with our clubs and their executive teams to maximise opportunities to further invest in the game."