Fulham enjoy record profits

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Fulham have reported a record profit of £4.8m for the past financial year.

The club have also announced they generated £77.1m for the 2010/11 season, made a profit of £5.4m before interest and taxation, and achieved a 4.9% increase in attendances at Craven Cottage.

In a statement, chairman Mohamed Al Fayed said: “The club has made great strides in recent years, and this excellent set of financial results is just reward for our progress.

“As always, I am determined to ensure the club moves in the right direction whilst remaining true to our history, heritage and past traditions.”

Fulham recently unveiled plans to increase the capacity of their Craven Cottage ground to around 30,000 and make a number of other improvements to the stadium.

“The announcement of our plans to redevelop the Riverside Stand, whilst opening up the Riverwalk for the benefit of the community, is further proof that my ambition for this football club remains resolute,” Al Fayed added.

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