Author Topic: The Guardian on PL clubs finances  (Read 1284 times)

Offline ..Kya.ffc..

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The Guardian on PL clubs finances
« on: April 20, 2013, 02:09:21 AM »
Came across this, if it has been posted i'm blind and mod's be welcomed to remove it.

http://www.guardian.co.uk/football/2013/apr/18/premier-league-finances-club-by-club

Fulham:

Accounts for the year to 30 June 2012

Ownership: Owned by Mafco Holdings Limited, a Bermuda (tax haven) company, which is owned by Mohamed Al Fayed and his family

Turnover: 10th in league, £79m (up from £76m in 2011)

Gate and matchday: £11m

Europa League: £3m

TV and broadcasting: £51m

Sponsorship and commercial: £12m

Compensation: £1m

Wage bill: 11th, £62m (up from £58m in 2011)

Wages as proportion of turnover: 78%

Loss before tax: £18m (down from £5m profit in 2011)

Net debt: £4m

Interest payable: £0.3m

Highest-paid director: Unnamed, £704,000 (Alistair Mackintosh is the chief executive)

State they're in:

One of football's most surprising love affairs, Mohamed Al Fayed's 16-year commitment to Fulham was formalised with his cancellation of £212m loans. The money loaned from Fayed's tax haven base to fund Fulham's rise was converted to equity on 15 June 2012. The 2011 net debt of £193m was wiped away to stand at only £4m. Fulham are becoming regarded as an example of how, after initial investment, a smaller club can build their crowd and playing success in the Premier League and become gradually sustainable. However, largely due to making less from selling players, a £5m profit in 2011 turned to an £18m loss.

Offline Ruiz11

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Re: The Guardian on PL clubs finances
« Reply #1 on: April 20, 2013, 08:13:31 AM »
Very positive about Fulham, as is right and proper considering our consistency is built upon sensible, sustainable investment rather than lavish spending along the lines of Chelsea, Man City, QPR, even Stoke, all of whom will be in financial trouble in the long-run.

Offline Burt

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