Fulham Record Increased Losses Due to Europa Success

English Premier League soccer club Fulham have announced a widened loss from the last fiscal year due to higher costs after reaching the UEFA Europa League final.

According to accounts published by Companies House, discount the loss at the club, check owned by Mohamed Al-Fayed, clinic surged to US$27.2m from $11m due mainly to the expense of hosting extra games and player-trading costs.

However, sales climbed 15 per cent to a record $123.4m in the year to June 30, boosted by the European run, which contributed $20m.

Fayed released a statement, reading: “As is evident, I remain committed to making investment funds available to achieve our goals both on and off the pitch. The continued success of Fulham and its eventual financial self-sustainability is my priority.”