Schwarzer made more than 200 appearances for the club in a five-year spell from 2008 as Fulham reached the Europa League Final and secured three top-10 Premier League finishes.
"The real essence of the club, the core of the club, the heart of the club was ripped out of it," said Schwarzer. "I feel almost heartbroken about it all. I go quite regularly as my son is involved in their academy and I saw how the club changed so dramatically in a short period of time.
"From security guards to ground?staff, from any staff member I came across, to people in the academy, from people involved in and around the first-team, and even in the first-team, those people were really dumbfounded at how things had gone wrong at the club and were so upset about it.
"Fulham have always been such a family club and such a personal club. Everyone lived for and loved the club and had a soft spot for the club. That was ripped out of it.
"I know Kit from when I was there and he is a great guy. He has had a very successful coaching pedigree with the Under-18s and 21s and he has been about the first-team on a number of occasions.
"He is best placed within the club to take it on and try and reinstall those core values at the club. I know he has already had an immediate impact by virtue of some of the simple changes he has made since he has been there. They are on the right track going back, that is for sure."
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