I believe Fulham are second behind Man Utd (Glazier) debt. He has been covering them every year and the debt is getting bigger. Guess it all depends if it was a loan or out of his own pocket
I vaguely recall it was £160+m a few years ago and quite recently was converted to equity - presumably due to FFP.
Al Fayed wrote off all of fulham's debt last season I think. Can definitely see why some one would want to buy them. As long as they stay in the premier league they're a cash cow.
At this point in time Fulham at £200 m are still a better proposition than Charlton at £30 m. If they were to be relegated then that would be different, but at the moment he gets a substantial amount back with the TV money coming through. He has a nucleus of a team that is experienced in the Prem, therefore he has only to spend to fill gaps rather than build a Prem squad.
At this point in time Fulham at £200 m are still a better proposition than Charlton at £30 m. If they were to be relegated then that would be different, but at the moment he gets a substantial amount back with the TV money coming through. He has a nucleus of a team that is experienced in the Prem, therefore he has only to spend to fill gaps rather than build a Prem squad.
Exactly. If he has that much money the chances he may know more about business, risk/ reward. I am certain he didn't pick Fulham out of a hat.
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I am certain he didn't pick Fulham out of a hat.