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Fulham sold for £200m...

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Comments

  • ShootersHillGuru
    ShootersHillGuru Posts: 50,619
    Sounds like they need a robust Supporters Trust !
  • Hex
    Hex Posts: 1,888
    charlton_carl said:

    I believe Fulham are second behind Man Utd (Glazier) debt. He has been covering them every year and the debt is getting bigger. Guess it all depends if it was a loan or out of his own pocket

    I vaguely recall it was £160+m a few years ago and quite recently was converted to equity - presumably due to FFP.
  • WSS
    WSS Posts: 25,070
    Mohammed Al Fayed: "Michael Jackson statue will stay - it's part of the deal" “I will shave his tash off if he takes it down”
  • grownupyth
    grownupyth Posts: 128
    Real estate value must be worth the best part of that anyway. The football club owns other parts of local land as well as the main ground.
  • WSS
    WSS Posts: 25,070
    He really welcomed the new owner like this...
  • kentaddick
    kentaddick Posts: 18,729
    Al Fayed wrote off all of fulham's debt last season I think. Can definitely see why some one would want to buy them. As long as they stay in the premier league they're a cash cow.
  • Kap10
    Kap10 Posts: 15,566
    edited July 2013
    At this point in time Fulham at £200 m are still a better proposition than Charlton at £30 m. If they were to be relegated then that would be different, but at the moment he gets a substantial amount back with the TV money coming through. He has a nucleus of a team that is experienced in the Prem, therefore he has only to spend to fill gaps rather than build a Prem squad.
  • stonewallpenalty
    stonewallpenalty Posts: 3,842
    Kap10 said:

    At this point in time Fulham at £200 m are still a better proposition than Charlton at £30 m. If they were to be relegated then that would be different, but at the moment he gets a substantial amount back with the TV money coming through. He has a nucleus of a team that is experienced in the Prem, therefore he has only to spend to fill gaps rather than build a Prem squad.

    Exactly. If he has that much money the chances he may know more about business, risk/ reward.
    I am certain he didn't pick Fulham out of a hat.


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