Al-Fayed committed to Fulham

Al-Fayed committed to Fulham

Published Mar. 15, 2011 1:15 p.m. ET

Under former boss Roy Hodgson, the west London side reached the final of the Europa League, which helped bring in an additional revenue of around £12.5million. However, overall losses went up by £10million, mainly because of increased wages and new contracts. Flamboyant Egyptian Al-Fayed, the former owner of Harrods, has been in charge of Fulham since 1997, with the Cottagers having sustained their top-flight status now for 10 consecutive seasons. Al-Fayed has already bankrolled Fulham's rise through the divisions to the tune of more than £160million on an unsecured, interest-free basis. And the 78-year-old insists he is as passionate about the club now as the day he arrived at Craven Cottage. "As is evident, I remain committed to making investment funds available to achieve our goals both on and off the pitch," Al-Fayed said in a statement. "The continued success of Fulham and its eventual financial self-sustainability is my priority."

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