Mohammed al-Fayed, the Chairman of Fulham Football Club, will continue to fund the Premier League side although he has suffered £16.9m loss for the past financial year.
Revenues of £12.5m were earned by the London based side after reaching the European League final last season, however losses increased by £10m due to new contracts and higher wages.
Mr al-Fayed has said that his priority is the continued success of the Club and its eventual financial self reliance. He will continue to make funds available to achieve these goals. Fulham has had Mr al-Fayed, the former owner of Harrods, at the helm since 1997 and has steered the club through most of its successful times.
An amount of £160m in funding is thought to have been provided by Mr al-Fayed to the West London club. He has made it clear that he is totally committed to Fulham Football Club by providing investment funds available to them.