Fulham finances
What the filed accounts show, season by season from 2005/06 to 2024/25: 20 of 20 seasons have a filing in the database. Figures as filed, not adjusted: on the nearest group that holds the club alone, or on the club company where no such group files; the table names which for each season.
Revenue and profit, by season
| Season | Division | Accounts of | Revenue, £m | Profit before tax, £m | Owner-related gains in it, £m |
|---|---|---|---|---|---|
| 2005/06 | Premier League | Nearest group | 37.1 | (15.9) | 0.0 |
| 2006/07 | Premier League | Nearest group | 39.2 | (15.9) | 0.0 |
| 2007/08 | Premier League | Nearest group | 52.0 | 1.6 | 9.5 |
| 2008/09 | Premier League | Nearest group | 63.2 | (8.4) | 0.0 |
| 2009/10 | Premier League | Nearest group | 76.4 | (18.9) | 0.0 |
| 2010/11 | Premier League | Nearest group | 76.4 | 4.8 | 0.0 |
| 2011/12 | Premier League | Nearest group | 78.7 | (18.3) | 0.0 |
| 2012/13 | Premier League | Nearest group | 73.0 | (2.3) | 0.0 |
| 2013/14 | Premier League | Nearest group † | 91.3 | (33.2) | 0.0 |
| 2014/15 | Championship | Nearest group | not printed | not printed | – |
| 2015/16 | Championship | Nearest group | 36.0 | (12.5) | – |
| 2016/17 | Championship | Nearest group | 34.9 | (21.3) | – |
| 2017/18 | Championship | Nearest group | 38.3 | (45.2) | – |
| 2018/19 | Premier League | Nearest group | 137.7 | (20.2) | 0.0 |
| 2019/20 | Championship | Nearest group | 58.0 | (48.1) | – |
| 2020/21 | Premier League | Nearest group | 116.1 | (93.5) | 0.0 |
| 2021/22 | Championship | Nearest group | 71.6 | (57.0) | – |
| 2022/23 | Premier League | Nearest group | 182.3 | (26.1) | 0.0 |
| 2023/24 | Premier League | Nearest group | 181.6 | (32.4) | 0.0 |
| 2024/25 | Premier League | Nearest group | 194.8 | (44.0) | 0.0 |
Losses in brackets. Profit before tax is as filed. Owner-related gains are the gains from the owner or its companies that the accounts count inside that profit (the hidden-losses record); they are not taken out of it here, and they are read for Premier League seasons only ("–" in a Championship season). Where no figure is shown, the reason is given: "not printed", neither reading found the figure on the pages read; "read once only", only one reading found it; "readings differ", the two readings disagree; "not read", no reading of the filing holds it.
"Accounts of": the nearest group that holds the club alone, or the club company where no such group files or the group's filing does not hold the club for that season. A season whose accounts cover other than 12 months shows its length beside it, from the year ends the database holds for that company; the length is not established for 2005/06, 2018/19, 2020/21, 2022/23, because the database does not hold both year ends of that period for the company whose accounts are shown.
† Where the accounts of a group above it give a profit before tax £10m or more away from the figure shown:
- 2013/14: (33.2) on the nearest group; (140.8) on the top group (company 08600289). As read: difference not attributed (holding-company costs, interest or other consolidation items).
Net assets, debt and owner support, by season
| Season | Net assets, £m | Borrowings by lender, £m | Going concern relies on owner |
|---|---|---|---|
| 2005/06 | (144.2) |
| Yes |
| 2006/07 | (160.1) |
| Yes |
| 2007/08 | (158.5) |
| Yes |
| 2008/09 | (165.9) |
| Yes |
| 2009/10 | (182.8) |
| Yes |
| 2010/11 | (178.0) |
| Yes |
| 2011/12 | 15.8 |
| Yes |
| 2012/13 | 13.4 |
| Yes |
| 2013/14 | (19.8) |
| Yes |
| 2014/15 | 2.9 |
| Yes |
| 2015/16 | 98.3 |
| Yes |
| 2016/17 | 77.0 |
| Yes |
| 2017/18 | 137.0 |
| Yes |
| 2018/19 | Premier League: no balance-sheet record for 2018/19 and 2019/20 | ||
| 2019/20 | 186.0 | Borrowings not read | Yes |
| 2020/21 | 245.4 | No borrowings recorded | Yes |
| 2021/22 | 212.3 | Borrowings not read | Yes |
| 2022/23 | 248.8 | No borrowings recorded | Yes |
| 2023/24 | 215.4 |
| Yes |
| 2024/25 | 316.1 |
| Yes |
Read twice from each filing, as agreed by both readings: Premier League seasons from 2020/21 from the balance-sheet record; Premier League seasons 2005/06 to 2017/18 and every Championship season from the records built on the Championship's method. Each record keeps its own lender types.
- Owner
- the club's ultimate controlling party, its parent or companies in its group, or a person or company acting for it, as the related-party note shows.
- Banks
- bank loans and overdrafts.
- Other outside lenders
- other debt to lenders outside the club: funding secured on central payments, factoring, finance leases, preference shares treated as debt, and lenders the accounts do not name. Marked "(bonds included)" in the records that count bonds and loan notes here too.
- Owner or outside, disputed
- one reading places the lender with the owner and the other outside it.
- No borrowings recorded
- both readings agree the accounts print borrowings of nil.
- Borrowings not read
- no lender item and no borrowings total were found on the pages read, so whether the club owed anything is not known.
- Going concern relies on owner
- "Yes", the directors say the club can carry on because its owner will support it; "Conditional", that support is promised only if something goes wrong, or as a promise not to call existing loans; "No", the directors do not rely on it; "Not agreed", the two readings differ.
From the Orange Ledger's database as of 31 October 2026: figures read from accounts filed at Companies House, not official figures, and the database holds what was read; it does not make it verified. Fulham's squad cost ratio · All clubs.