60°
Submitted by no_more_heroes 568d ago | news

Al Fayed Converts Loans Into Equity, Fulham Now Debt Free

HammyEnd:

In a huge development it has been revealed that Fulham chairman Mohammed Al Fayed has converted his loans into equity after the club repaid all external debt following last years impressive profits in a hugely progressive and successful year for Fulham’s finances. Fulham were £212 million in debt to Al Fayed, but with that effectively written off in return for dividends it means Fulham are now entirely debt free. (English Premier League, Fulham, Industry)

Add comment

You need to be registered to add comments. Register here or login
Remember
New stories
30°

How Bayern, Dortmund & the Bundesliga's big clubs will line up in 2014-15

3h ago - Goal - Germany's top teams have been busy strengthening over the summer and Goal takes a look at... | German Bundesliga
30°

Ajax pull out of Eto'o deal: We're not going to wait anymore

13h ago - Goal - The Cameroonian, who is a free agent after parting company with Chelsea at the end of last... | Dutch Eredivisie
30°

Modric: Real Madrid have made my dreams come true

13h ago - Goal - Having just committed himself to the Blancos for a further four years, the Croatia interna... | Spanish Primera Division
30°

Marquinhos: I must do better at PSG this year

13h ago - Goal - The defender has been included in Dunga's first squad after taking over as Brazil coach an... | French Ligue 1
Ad

Need Cash? (US Only)

Now - How would it feel to have your money struggles solved by this time tomorrow? We give fast loans from $100-$10,000+, and repayment terms up to 60 mo... | Promoted post
30°

Cardiff City could be onto a winner if Kenwyne Jones keeps firing

14h ago - Metro: Three goals in two games. It’s a prediction that few Cardiff City fans would have made abo... | Other Leagues