Football Insider has been told by Kieran Maguire that Shahid Khan has helped to keep debt low at Fulham by converting loans into shares.
Fulham’s 2021/22 accountsMaguire insists that Khan is aware that his loans to the club are very unlikely to be repaid given the ongoing costs of wages and transfer fees.Shahid Khan knew that every time he loaned money to Fulham the chances of that being repaid during his period of ownership were close to zeroThe demands of the club in terms of wages or transfer fees made it very unlikely.
“So it does make sense to regularly write down those loans by converting them into shares and ultimately it means that if he sells the club at some point he’ll recover the money he loaned the club.It means they have a tidier balance sheet and when people publish tables of Premier League club debt Fulham are towards the lower end.
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