Alex Salmond’s media company, Slainte Media, faced significant financial difficulties in the months leading up to his death. Recent filings reveal that the company, which oversaw Salmond’s television ventures, depleted more than £200,000 from its accounts shortly before he passed away. The financial strain appears to have intensified due to the loss of revenue from the Kremlin-backed news outlet RT (Russia Today).
According to the financial filings, Slainte Media had £340,441 in its bank account as of November 2023. However, by the following month, after Salmond’s death on November 24, 2023, while attending a conference in North Macedonia, this amount had plummeted by nearly £220,000, leaving a balance of £121,834. Furthermore, the company’s net assets decreased dramatically to £91,553, down from £310,674 just a year earlier.
Salmond’s financial challenges have been attributed in part to costly legal battles stemming from allegations of sexual misconduct, which he consistently denied. His associates have pointed to these legal issues as a major factor in his financial decline, claiming that the costs associated with defending his reputation significantly impacted Slainte Media’s viability.
The loss of income from RT, which had served as a significant source of revenue for Salmond’s media endeavors, added to the company’s woes. As a prominent figure in Scottish politics, Salmond’s ventures were closely watched, and the financial state of Slainte Media raises questions about the sustainability of his media projects.
In the wake of Salmond’s death, the future of Slainte Media remains uncertain. The financial documents highlight a troubling trend for a company once managed by a former high-profile political leader. With ongoing scrutiny over his legacy and the implications of his financial situation, Salmond’s passing marks a significant chapter for both his personal brand and his business endeavors.
