The owner of Fulham FC is betting a £350mn investment in its stadium that includes adding a private members’ club will provide the Premier League club with the financial firepower to compete with its richer rivals. “I think it’s going to go a long way towards making Fulham competitive and compliant with [financial] fair play rules,” Shahid Khan told the Financial Times on a tour of the west London development, which features a grand piano, marble bar and a riverside walkway. The multibillionaire said the additions to Craven Cottage, the club’s home since 1896, were made viable by its Thameside location, which was a “key asset” — adding Fulham has the “most educated, richest fan base in English football”. Khan is seeking to build new revenue streams to help reduce his financial support and fund player signings after Premier League clubs spent a record £3bn-plus in the summer transfer window. The league’s financial regulations mean clubs cannot lose more than £105mn over...