{"id":311028,"date":"2011-03-15T12:17:54","date_gmt":"2011-03-15T12:17:54","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/15\/fulham-losses-increase-to-16-9m\/"},"modified":"2011-03-15T12:17:54","modified_gmt":"2011-03-15T12:17:54","slug":"fulham-losses-increase-to-16-9m","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/15\/fulham-losses-increase-to-16-9m\/","title":{"rendered":"Fulham losses increase to \u00a316.9m"},"content":{"rendered":"

\n \t\t
\n 15 March 2011<\/span>
\nLast updated at <\/span>08:14 ET<\/span>
\n<\/span><\/p>\n

Fulham football club chairman Mohammed al-Fayed has said he is fully committed to bankrolling the Premier League side, despite its posting a \u00a316.9m loss for the last financial year.<\/p>\n

Reaching last season’s Europe League final helped the London side bring in additional revenues of \u00a312.5m.<\/p>\n

But annual losses rose by \u00a310m, mainly due to higher wages and new contracts.<\/p>\n

But Mr al-Fayed said he would continue to make “funds available to achieve our goals both on and off the pitch”.<\/p>\n

He said in a statement: “The continued success of Fulham and its eventual financial self-sustainability is my priority.”<\/p>\n

Mr al-Fayed, the former owner of Harrods, has been in charge of Fulham since 1997, seeing the club through some of its most successful years in decades.<\/p>\n

He is thought to have provided about \u00a3160m in funding to the west London club.<\/p>\n

He said: “As is evident, I remain committed to making investment funds available.”<\/p>\n<\/p><\/div>\n<\/p>\n

Excerpt from:
\nFulham losses increase to \u00a316.9m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

15 March 2011 Last updated at 08:14 ET Fulham football club chairman Mohammed al-Fayed has said he is fully committed to bankrolling the Premier League side, despite its posting a \u00a316.9m loss for the last financial year. Reaching last season’s Europe League final helped the London side bring in additional revenues of \u00a312.5m. But annual losses rose by \u00a310m, mainly due to higher wages and new contracts<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-311028","post","type-post","status-publish","format-standard"],"yoast_head":"\nFulham losses increase to \u00a316.9m - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/03\/15\/fulham-losses-increase-to-16-9m\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Fulham losses increase to \u00a316.9m - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"15 March 2011 Last updated at 08:14 ET Fulham football club chairman Mohammed al-Fayed has said he is fully committed to bankrolling the Premier League side, despite its posting a \u00a316.9m loss for the last financial year. 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