Owner invests £677m in Fulham

Kieran Maguire reports on Fulham's 2021/22 accounts.

Income was down 39% to £71m.  Wages  down 21% to £90m. Championship record average weekly wage £42k. Losses pre player sales £69m. Total losses over years £563m. Player purchases £24m. Player sales £24m. Borrowings from owner in year £116m. Total owner investment £677m.

Revenue down following relegation. Losses down from £93m made in Premier League* previous season to £69m Player sale profits reduced losses by £12m.

Owner Shahid Khan lent £116.5m in year which was converted to shares.

Broadcasting money more than halved from £105m to £51m. Ticket sales up following end of lockdown. 

Fulham spent £24m on players and over £30m on the stadium redevelopment in 21/22.  Fulham have bought players for £78.8m since promotion and had sale profits of £7.4m.

Wages down following relegation but still a record for Championship.   Higher than a couple of Premier League clubs.