Fulham Football Club have revealed record profits of £4.8million for the past financial year.
The Cottagers recorded an initial profit of £5.4m before interest and tax after a record annual revenue of £77.1m for the 2010/11 season and chairman Mohamed Al Fayed is delighted with the outcome.
"As always, I am determined to ensure the club moves in the right direction whilst remaining true to our history, heritage and past traditions.""The club has made great strides in recent years, and this excellent set of financial results is just reward for our progress," Al Fayed said in a statement.
Al Fayed also said there were plans to redevelop the Riverside Stand at Craven Cottage.
"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," he added.
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