Fulham announce Profit and Debt Free Status
January 30, 2013 Leave a comment
A second successive annual profit enabled the club to pay off all external debt, while Al Fayed converted outstanding loans to the business into equity.
The news comes on the same day Fulham revealed a profit of £1.2m for the year ended 30 June 2012 – results which follow on from a record profit for the previous 12 months.
The Club enjoyed another increase in attendance of 0.6 per cent which contributed to its overall occupancy figure of 98.4 per cent for the season. Both of these figures are a Club record for its time in the Premier League. The Club posted revenue figures of £79.3m, including £3.4m Europa League revenue.
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