Shahid Khan assures Fulham over rising costs of Riverside Stand expansion at Craven Cottage

Financial accounts published this week showed Khan has lent Fulham £116.5million by issuing new shares.

The American has invested more than £500m in Fulham since his takeover in 2013 and that backing is vital because the club recorded a loss of £57.9m last season.

Khan has given guarantees over the financing of the Riverside Stand, which is set to be fully open next season.

In total, about £120m has been spent on the redevelopment project since work began in 2019 and costs could increase further due to inflation.

“All forecasts indicate that, even taking account of controllable mitigating actions, the Group and Company will require significant additional funding in addition to that required to complete the Riverside Stand development,” Fulham’s latest accounts read.

“The Directors are confident that any additional required funding will be available from its ultimate owner and immediate parent company, Mr S R Khan and K2TR Family Holdings 2, Corporation, to meet its liabilities as they fall due for that period.

“K2TR Family Holdings 2, Corporation has expressed this intention to the Directors in writing.”