Football finance writer Chris Weatherspoon offers this update on Fulham’s PSR position in the Athletic today:
Fulham (estimated pre-tax loss limit in 2024-25: £77m)
Fulham were close to a PSR breach in 2022-23, the first season of their current stint in the Premier League, ultimately avoiding one via some Covid-19-related deductions as well as costs incurred on the redevelopment of Craven Cottage’s Riverside Stand.
Since then, the club have sailed away from both the lower reaches of the table and regulatory trouble, and with 2024-25 being the first year in which they benefit from the full £105million PSR loss limit (as all three of the seasons in their 2022-25 PSR calculation were spent in the Premier League), Fulham should have few worries this time around.
Combined pre-tax losses in the previous two seasons total £58.5million, and we estimate that, after removing allowable costs, Fulham could lose up to £77m for 2024-25 and remain compliant. That looks unlikely, even with underlying operating losses as high as £64.9m a season ago.
This time around, Fulham have enjoyed greater Premier League prize money (we reckon they’ve seen an over £10million increase), higher player-sale profits (another £10m or so) and, crucially for a club with a history of low gate receipts in a ground that holds less than 30,000 people, the benefits of more premium offerings for matchday attendees.
