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Thursday, November 21, 10:24:38am [ Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1, 2, 3, 4 ]

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Date Posted: Monday, November 18, 09:30:32pm
Author: Johnny
Author Host/IP: NoHost / 90.213.242.75
Subject: From The Athletic

4. Fulham (£938m)
Owner: Shahid Khan
Takeover: 2013
Purchase price: £150m
Funding: £788m
Shahid Khan, owner of the NFL team Jacksonville Jaguars, was one of the early American arrivals in the Premier League when buying Fulham from Mohamed Al-Fayed over a decade ago. The purchase price was thought to be £150million but that was only the start of Khan’s investment.
Total funding has run close to £800million, equating to roughly £80million a season. Fulham are yet to record a profit during the reign of Khan, with losses peaking at £94million in 2020-21.
The need for additional investment came in the wake of relegations in 2019 and 2021 but Fulham, upwardly mobile under Marco Silva, can consider themselves a settled Premier League club again under Khan, who has consistently turned loans from holding company Cougar into share equity.
The most recent instance came only last month and Fulham’s most recent accounts detailed that £62.5million of shareholder loans had effectively been written off in a share conversion, as well as “further financial support amounting to £47.5million” coming from Khan.
Significant funding has been required to transform the Riverside Stand at Craven Cottage, eventually raising capacity to just under 30,000 on the banks of the Thames.

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