After three successive wins on the field carried Slavisa Jokanovic’s side to the brink of Championship survival, there was more good news over the weekend when it emerged that the club have successfully reduced their financial losses.
The Championship team’s loss shrank to £27 million for the year to last June, from £33.2 million the year before, accounts reveal.
A rise in profit from selling some players helped: the club sold goalkeeper David Stockdale to Brighton & Hove Albion during the period.
A reduction in losses came despite turnover shrinking 54% to £42 million in the period, which was the first time Fulham competed outside the Premier League since 2001.
Directors at the club’s parent, Fulham Football Leisure, said the west London team are attempting to secure “a return to the Premier League”.
Fulham, who beat Cardiff 2-1 on Saturday, are owned by Shahid Khan, who plans to pursue further investment in the squad as well as in infrastructure like the club’s Motspur Park training facilities. Star striker Ross McCormack recently signed a new contract with the club, committing his future to Fulham after considerable transfer speculation in January.
