Thread by @KieranMaguire

Fulham publish 2020/21 accounts.
Revenue doubled to £116m but pre tax losses almost did the same going from £48m to £93m despite being in the Premier League #FFC

Fulham had £18m cash in the bank at end of season but total losses over made over the years were a drop my bacon sandwich £493,000,000

To fund the losses (and infrastructure spend) Fulham borrowed £151 million from its parent company in 2020/21 and a further £93m since the end of the season

Over 90% of Fulham’s income came from broadcasting last season. Wages were £98 for every £100 of income and averaged £53,000 a week and presumably would have been higher had relegation avoidance bonuses kicked in. Transfer fee amortisation costs were £56m

Fulham wrote down player transfer costs for £21m in respect of a few duffers they signed. I’m sure Fulham fans will be able to name those involved.

Highest paid director remuneration increased by £418,000

Fulham signed players for £51m in 2020/21 and sold players (who originally cost £5m) for £1.4m

Fulham spent nearly £60m on infrastructure projects in 2020/21

Fulham are owed £13m by other clubs for instalments on players sold and owe clubs £55m for transfer instalments on players purchased.

Since the season end Fulham signed new players for £18m