Cardiff City Stadium

Next Game

Cardiff v Fulham

Saturday, 08 August 2015, 12:00

Sky Bet Ch'ship

Fulham finances in the black

Fulham are now debt-free following chairman Mohamed Al Fayed's decision to convert loans to the club into equity.

Last Updated: 29/01/13 at 16:37 Post Comment

Mohamed Al Fayed: 'True to Fulham's strong heritage'

Mohamed Al Fayed: 'True to Fulham's strong heritage'

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

A second successive annual profit enabled the club to pay off all external debt, while Al Fayed converted outstanding loans to the business into equity.

The news comes on the same day Fulham revealed a profit of £1.2m for the year ended 30 June 2012 - results which follow on from a record profit for the previous 12 months.

The club's Europa League participation, a ninth-placed finish in the Premier League and an increase in attendance figures all contributed to the healthy figures.

Al Fayed said: "Fulham continues to make great strides and, following planning permission for the redevelopment of the Riverside Stand, we will continue to prosper and grow.

"For almost the last 15 years, I have ensured the club moves in the right direction and remains true to our proud history, strong heritage and past traditions."

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

T

his is all good fun, but anyone who thinks United are 4th best in England for anything more than a blip is properly f***ing mental. And Domenech is properly f***ing mental.

megabrow (cufc)
Schneiderlin must join United - Domenech

I

f the answer is Matt Phillips, the question should never be Who is one of your major transfer targets?

jelasfirsttouch
The Twosome Gossip

I

s this Chris Smalling playing the 'Race' card?

hump3.
Smalling wants United race

Footer 365

Roberto Firmino eyeing trophy success at Liverpool after saying bye to Hoffenheim

Liverpool's £29m summer signing Roberto Firmino hopes to celebrate "a lot of success" at Anfield and 'can't wait test himself in the Premier League'.

Manchester United 'agree Matteo Darmian fee with Torino'

Manchester United have agreed a fee with Torino for Italy right-back Matteo Darmian, according to Sky Italia sources.

Juventus midfielder Paul Pogba not joining Barcelona this year

Barcelona have insisted they are "not planning" a move for Juventus midfielder Paul Pogba this calendar year.

Mail Box

Doesn't Delph To Arsenal Make More Sense?

We have reaction to our Top Ten regarding Philipp Lahm and Dave Mackay, why we all love Harry Kane, Fabian Delph to Arsenal and what United can get away with...

Why Is Kane More Likeable Than Carrick?

A Mailbox which covers topics including Harry Kane, Sergio Aguero, Robin van Persie, handballs, transfer reporting and Rodgers bingo. It's not us being mean...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company