Fulham need to restructure debt
Fulham need to restructure their debt to meet Uefa rules if they are to replicate their success in Europe this season in future years. Since Mohammed-al-Fayed took over in 1997 they have accumulated £167.6m of debt. They lost £7.5m in the financial year ending in 2008 and £15.2m in 2007.
They are in many respects the prototypical benefactor club. If Manchester City lost their benefactor, they would still have a big stadium and a substantial support base. Fulham face competition from other London clubs that have built up larger followings over the years. But in many ways they have often punched above their weight on the pitch.
I think you mean 1997
I think you mean 1997 :)
Where does Fayed get all this subsidy from anyway? A Harrods tax write-off presumably.