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Fulham: the basic financial facts

The authoritative @SwissRamble is posting two page financial fact sheets on each Premier League club in response to requests from fans.

As an example, promotion to the Premier League in 2019 saw £100m increase in Fulham revenue, but not enough for a profit, due to higher wages and player amortisation plus low player sales. Huge transfer spend (£120m, 4th highest in Premier League). Debt-free after Shahid Khan converted £155m loans to equity. More detail is available online.

The Swiss Ramble has also produced a fact sheet for Everton. His summary is: 'Everton have had significant investment from owner Farhad Moshiri, driving large increases in debt, transfer spend, wages and player amortisation. Revenue relatively flat in last 3 years, leading to highest loss in the Premier League in 2019 (2018 benefited from high player sales).

The Swiss Ramble has also summarised Swansea City in the following terms, two page fact sheet on his twitter feed: 'Revenue has fallen by nearly 50% after relegation to the Championship. Wages cut accordingly, but not enough to prevent large operating losses. Overall losses reduced by hefty profits from player sales. Low debt and high cash, but transfer spend significantly down.'

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