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Fulham post losses despite Europa League success

Fulham have posted a loss of £16.9m for the last financial year despite reaching the Europa League final last season which brought them additional revenue of £12.5m.

The annual losses for the club grew by £10m which was due to new contracts and higher wages. Fulham chairman Mohammed al-Fayed remains committed to investing in the London club despite its losses. He has been in charge of the club since 1997 and it is thought he has funded the club to the tune of £160m.

Mohammed al-Fayed has been quoted saying that he will continue to make "funds available to achieve our goals both on and off the pitch.

“The continued success of Fulham and its eventual financial self-sustainability is my priority. As is evident, I remain committed to making investment funds available”, added the Fulham chairman, Mohammed al-Fayed

 

Taz Mannan

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