The (final) loaner report
By: timmyg | June 4th, 2009…of sorts as all but Wayne Brown are/should be? back at SW6.
Seol appears to be deliberating his next move, as his time in Saudi Arabia saw him appear 26 times and score once.
Still no news on Leon Andreasen, but he made 11 appearances for Hannover 96, scoring twice in his half season there.
Lastly the Guardian has some interesting figures about debts and football clubs. Here’s their breakdown:
Accounts for the year to 30 June 2008
Ownership: Mafco Holdings Limited, a Bermuda (tax haven) company, which is owned by Mohamed Al Fayed and his family
Turnover: £53.7m (up from £39.7m last year, a 35.2% increase)
Gate and match-day: £9.6m
TV and broadcasting: £34m
Commercial activities: £4.9m
Sponsorship: £3.6m
Other operating income: £1.6mWage bill: £39.3m (up from £35.2m the previous year, an 11.6% increase)
Wages as proportion of turnover: 73%
Profit before tax: £3.2m
Debts: £197m, included £174m owed to Al Fayed
Interest payable: £1.8m
Highest paid director: Unnamed: £228,083
State they’re in: Mohamed Al Fayed continued his extravagant funding of Fulham, increasing the loans from his companies to £174m, the second highest subsidy of any club by an owner behind Chelsea’s Roman Abramovich. The loans are all interest free and during the year £9.5m was written off completely. Al Fayed, resident in Monaco, has had the reward this season of Fulham’s highest ever finish, and he vehemently insists he has no intention of selling.
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