Fulham made losses of just over £20 million during the 2018/19 campaign, according to a report from West London Sport. 

Last season proved something of a rollercoaster season for the Cottagers, who were promoted in the summer of 2018 after finishing second in the Championship.

According to a report from West London Sport, Fulham's turnover increased by 259.5% following promotion and their average home attendance rose at Craven Cottage by nearly 5,000, from 19,910 to 24,371.

However, their attempts to secure a long-term future in the Premier League provend costly as it is understood that wages also rose by 70.5%.

The report claims that salary increases were a contributing factor to the losses last season, which totaled at just above £20 million.

Fulham struggled from the off in the Premier League and made three managerial changes during the campaign, with both Slavisa Jokanovic and Claudio Ranieri losing their jobs.

Scott Parker was appointed in February but was unable to help Fulham avoid relegation from the English top-flight, which had looked likely for the majority of the season.

Parker kept his job and has got the Cottagers in a strong position to bounce back to the English top-flight.

They sit third in the Championship–with nine games left to play following the conclusion of the fixture delay.

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The Verdict

These figures don't make easy reading for fans of the West London club but they're hardly surprising considering what happened in the 2018/19 season.

There are a number of ways to approach promotion to the Premier League and Fulham following the financially testing approach–bringing in 11 new signings during the campaign.

Many of those were not cheap and, according to Transfermarkt, they spent over £100 million on transfer and loan fees alone.

It will be interesting to see whether their approach changes if they're promoted this season.