Who Owns Fulham FC: Ownership Insights

Fulham FC is one of the oldest clubs in English football. Many fans search for who owns Fulham FC because the club’s rise, stability, and transfer strategy all tie back to its owners. Fulham has enjoyed a steady era under Shahid Khan, who has transformed the club’s finances and long-term future.

Key Takeaways

• Shahid Khan is the sole owner of Fulham FC, holding 100% control of the club since purchasing it in 2013, making him the ultimate decision-maker in all financial and strategic matters.
• Tony Khan serves as Vice Chairman and Director of Football Operations, acting as the key executive responsible for recruitment, analytics, and football strategy, despite not holding an equity stake.
• The ownership model combines full financial backing from Shahid Khan with modern, data-driven sporting leadership from Tony Khan, creating a unified and highly stable governance system for the club.

Fulham FC Profile

Fulham FC is one of London’s most historic football institutions. Formed in 1879, the club has grown from a small church team into a respected Premier League side with global appeal.

It plays at Craven Cottage, a unique riverside stadium that reflects the club’s identity and heritage. Over time, Fulham has built a reputation for attractive football, strong academy talent, and resilient comebacks through promotions.

As of 2025, the club continues to blend tradition with modern investment, data-driven recruitment, and major infrastructure upgrades.

Founders and Early History

Fulham FC began in 1879 when members of St. Andrew’s Church in Fulham formed a football team for local boys. The club’s earliest activities centered around community participation, church involvement, and volunteer leadership. Initially named Fulham St Andrew’s, it soon adopted the simpler title “Fulham” as the team expanded and formalized.

The club played friendly matches during its early years before joining structured competitions. Fulham gradually developed its identity as a competitive local team. The players and organizers worked without professional resources, relying instead on community support and modest facilities.

Fulham turned professional in 1898, marking the beginning of a major shift in ambition. This transition allowed the club to attract better players, compete in more serious leagues, and develop into a recognized football institution in London. The decision to go professional helped Fulham secure long-term stability and a clearer path toward higher-level competition.

In 1896, Fulham moved permanently to Craven Cottage on the banks of the River Thames. The venue quickly became a central piece of the club’s identity. The stadium’s wooden structures, cottage-style aesthetic, and riverside setting made it one of the most distinctive grounds in English football. Craven Cottage remains Fulham’s home in 2025, though now redeveloped with modern hospitality and infrastructure upgrades.

Major Milestones

• 1879 – Fulham St Andrew’s is founded as a church football team and becomes one of London’s earliest organized clubs.
• 1888 – The club adopts the name Fulham FC as it grows beyond its church origins.
• 1896 – Fulham moves permanently to Craven Cottage, establishing a lasting home on the River Thames.
• 1898 – The club turns professional, beginning its evolution into a competitive London football institution.
• 1903 – Fulham wins the Southern League for the first time, proving its strength at the regional level.
• 1907 – The club enters the Football League Second Division, expanding its national presence.
• 1910 – Fulham reaches the FA Cup semi-final for the first time, marking a major early achievement.
• 1949 – Fulham is promoted to the First Division, introducing the club to top-tier football once again.
• 1959 – The Johnny Haynes Stand opens, becoming one of the most iconic and architecturally significant stands in English football.
• 1968 – Fulham suffers relegation to the Third Division, beginning a challenging period in the lower leagues.
• 1975 – Fulham reaches the FA Cup Final for the first time in its history, losing narrowly but securing national recognition.
• 1997 – Mohamed Al-Fayed purchases the club and begins a modern transformation era.
• 2001 – Fulham is promoted to the Premier League for the first time, marking a breakthrough in the club’s modern era.
• 2002 – The club competes in the UEFA Intertoto Cup and wins it, earning entry into European competition.
• 2004 – Craven Cottage reopens after temporary relocation, restoring the club’s identity and home support.
• 2010 – Fulham reaches the UEFA Europa League Final after a historic run, dramatically raising its international profile.
• 2013 – Shahid Khan acquires Fulham FC, ushering in long-term investment and a new ownership structure.
• 2014 – The club is relegated but begins rebuilding around academy talent and modern football operations.
• 2018 – Fulham wins the Championship Play-Off Final at Wembley, returning to the Premier League in dramatic fashion.
• 2020 – Another play-off victory sends Fulham back to the Premier League, reinforcing the club’s resilience.
• 2022 – Fulham secures automatic promotion after a dominant Championship season, starting a stable Premier League phase.
• 2023 – Craven Cottage’s Riverside Stand enters late-stage redevelopment, positioning the club for higher commercial growth.
• 2024 – Fulham achieves its highest Premier League points total, reflecting strong recruitment and tactical structure.
• 2025 – The newly completed Riverside Stand transforms Craven Cottage into a modern, high-revenue venue with expanded hospitality, premium experiences, and increased global appeal.

Who Owns Fulham FC?

Fulham FC is currently owned through a streamlined, centralized structure that provides both financial stability and operational clarity. The club’s ultimate controlling shareholder is Shahid Khan, supported by a senior executive, his son Tony Khan, who oversees football operations.

This ownership setup allows clear strategic oversight from Khan, with dedicated sporting management via Tony Khan. The arrangement facilitates steady investment in infrastructure, squad development, and commercial growth, aligning Fulham’s ambition with sustainable governance.

Shahid Khan – Principal Owner and Chairman

Shahid Khan stands at the apex of Fulham’s ownership. He acquired the club in July 2013 and has been the owner and chairman ever since. Khan purchased 100% of Fulham’s shares, meaning he holds full control of the club’s equity.

His role encompasses major strategic decisions—capital investment, stadium redevelopment, long-term financial planning, and approval of executive appointments.

Since taking over, Khan has committed significant funding to both the squad and infrastructure, reflecting his aim to elevate Fulham’s status in the Premier League.

Under Khan’s ownership, Fulham has pursued long-term stability rather than short bursts of spending. He has overseen transitions between leagues, invested in Craven Cottage’s redevelopment, and built commercial revenues to reduce reliance on transfer-market windfalls.

In 2025, Khan remains the driving force behind the club’s direction, ensuring the club’s board and executive team are aligned with his vision of sustainable growth, stronger infrastructure, and an identifiable club culture rooted in West London.

Tony Khan – Vice-Chairman & Director of Football Operations

While Shahid Khan is the controlling shareholder, Tony Khan plays a pivotal executive role in the day-to-day and sporting aspects of Fulham FC. He serves as vice-chairman of the club and director of football operations, making him the key figure for squad recruitment, analytics, scouting, and football strategy.

Although Tony does not hold equity in the club in the public records, his influence is substantial—he is essentially the senior football executive reporting to the owner.

Tony Khan’s responsibilities include: shaping the club’s recruitment model, implementing data-driven scouting frameworks, integrating academy pathways, and coordinating with the coaching staff and board on sporting aims. Since his appointment (he began increasing his remit around 2017), the club has benefited from smarter recruitment and a sharper football-operation structure.

In 2025, his role is acknowledged as integral to Fulham’s sustained top-flight status and infrastructure growth. Tony Khan links directly to the ownership’s vision while translating it into operational implementation on the sporting side.

Fulham FC Ownership History

The ownership of Fulham FC has passed through distinct phases — from local-community governance, through mid-20th-century business control, to ambitious private takeovers. Each era has shaped how the club is run, financed and positioned.

Early Ownership and Community Control

In its early years after being founded in 1879, Fulham FC was largely run by local church-members, schoolteachers and volunteers. The club began as a church team under the name Fulham St Andrew’s.

Over time it evolved into a more formal entity, but remained rooted in the local Fulham community and largely self-financed by local supporters, small investments and a modest infrastructure.

During this period, there was no dominant single wealthy owner; management and control were shared by local administrators and the club operated more like a civic institution than a commercially-driven enterprise.

Mid-20th Century Business Influence

As English football commercialised, Fulham FC came under more formal business governance. Chairmen and directors drawn from business and local industry began to exert influence.

The club’s move into the Football League and First Division required more serious financial backing and professional management. While still not dominated by one ultra-wealthy individual, the club’s control shifted from purely local community control toward structured corporate governance.

Stadium improvements, player contracts and league operations became more complex, and Fulham began operating under the governance structures typical of professional clubs.

The Mohamed Al-Fayed Era (1997–2013)

In 1997, Egyptian businessman Mohamed Al‑Fayed purchased Fulham FC. This marked the arrival of a wealthy individual owner with a clear ambition to bring the club into the Premier League and European competition.

Al-Fayed invested heavily in the squad, infrastructure and the club’s profile. Under his stewardship, Fulham achieved promotion to the Premier League in 2001, competed in Europe, and enjoyed their most successful period in modern times. Al-Fayed’s ownership was characterised by bold ambition, large financial outlays and a push into higher-level football. He remained owner until 2013, after which he sold the club.

The Shahid Khan Era (2013–Present)

In July 2013, Pakistani-American businessman Shahid Khan acquired Fulham FC from Mohamed Al-Fayed. Khan’s acquisition ushered in a new phase of ownership focused on sustainable growth, modernisation of infrastructure and long-term stability rather than purely immediate performance.

Under Khan, the club has continued to invest in its stadium (Craven Cottage), its scouting and football operations, and has aimed to balance ambition with financial prudence.

In 2025, Shahid Khan remains the controlling owner, with his son Tony Khan playing a major operational role. This ownership phase emphasises strategic infrastructure development and consistent performance.

Fulham FC Owner’s Net Worth

Shahid Khan, the owner of Fulham FC, has a net worth of $14.8 billion as of November 2025. His financial strength places him among the wealthiest sports owners in the world. This level of wealth directly influences Fulham’s long-term stability, its ability to invest in infrastructure, and the club’s capacity to compete in the Premier League.

Primary Wealth Sources

Below is a list of the major sources of wealth of Shahid Khan and how he makes his money:

Flex-N-Gate

Shahid Khan’s wealth originates from Flex-N-Gate, one of the largest privately owned automotive parts manufacturing companies in North America.
He purchased the company in 1980 when it was a small regional supplier. Through strategic expansion, innovation in manufacturing processes, and aggressive scaling, he turned Flex-N-Gate into a global industrial giant.

Flex-N-Gate now supplies major vehicle manufacturers including Ford, General Motors, Toyota, and other global automakers. The company operates dozens of facilities across multiple countries, employs tens of thousands of workers worldwide, and produces essential components used in millions of vehicles annually.

Its consistent revenue streams, long-term supply contracts, and strong market position make Flex-N-Gate Khan’s most valuable asset. Even during economic downturns or supply-chain disruptions, the company remains resilient due to its diversification across markets and products. This stability is one of the key reasons Khan’s personal net worth remains high and predictable year after year.

Jacksonville Jaguars

The Jacksonville Jaguars are one of Shahid Khan’s highest-value sports investments.

When he purchased the franchise in 2012, its estimated value was significantly lower than it is today. The overall value of NFL teams has grown dramatically due to booming broadcast deals, expanded international games, and league-wide revenue-sharing.

Under Khan’s ownership, the Jaguars have expanded their brand presence in both the U.S. and the U.K., particularly through NFL London games.

The team’s valuation has steadily increased, contributing billions to Khan’s net worth. As the NFL continues its global expansion, the Jaguars represent one of his most promising long-term assets.

Fulham FC

Fulham FC, though smaller in valuation compared to the Jaguars, plays an important strategic role in Khan’s international sports portfolio.

The club’s rising brand value, Premier League broadcasting revenue, and the redevelopment of Craven Cottage have boosted its financial worth.

Khan has financed multi-year infrastructure projects, invested in data-driven recruitment systems, and stabilized Fulham through multiple promotion cycles. The club’s real estate—particularly the new Riverside Stand—adds high-value hospitality and commercial potential. These investments increase Fulham’s valuation and strengthen Khan’s global sports footprint.

All Elite Wrestling (AEW)

AEW, co-founded by Shahid and Tony Khan, has become one of the fastest-growing wrestling promotions in the world.

It launched in 2019 and quickly secured TV deals, pay-per-view events, and global streaming distribution. AEW’s rapid rise has challenged traditional competitors and created a new revenue engine within the Khan family.

While AEW is not yet as valuable as the Jaguars or Flex-N-Gate, its commercial growth, brand recognition, and event expansion contribute meaningful value to the family’s overall portfolio. Over time, AEW may evolve into a multi-billion-dollar entertainment entity, adding further depth to Khan’s wealth.

Additional Assets, Investments, and Holdings

Beyond sports and manufacturing, Shahid Khan owns a variety of high-value personal and corporate assets. These include luxury real estate in the U.S. and U.K., corporate properties linked to his business enterprises, and a well-known superyacht valued in the hundreds of millions.

These assets reflect Khan’s personal wealth, lifestyle, and global reach.
Although they do not form the core of his $14.8 billion net worth, they add diversity and stability to his wider investment network. His real estate holdings often appreciate significantly over time, further strengthening his long-term financial position.

What Shahid Khan’s Wealth Means for Fulham FC

Shahid Khan’s deep financial resources provide Fulham FC with advantages that many clubs of similar size simply do not have.

His ability to absorb financial volatility, fund long-term infrastructure, and strategically invest in key areas allows Fulham to grow without reckless risk-taking.

Khan’s wealth supports Fulham through:

• Multi-year infrastructure commitments, including the Riverside Stand, which enhances matchday revenue and brand value.
• Sustained squad investment, even during seasons of relegation or promotion cycles.
• Data-driven recruitment, led by Tony Khan, which requires investment in analytics, scouting networks, and football technology.
• Operational stability, allowing the club to focus on sustainable growth instead of short-term financial pressure.
• Business modernization, turning Fulham into a commercially competitive Premier League club.

Khan’s financial power ensures that Fulham can plan far into the future, build a stable identity, and remain competitive in a league where financial disparity is increasingly decisive. His $14.8 billion net worth acts as a financial anchor that shields the club from instability and enables long-term vision.

Fulham FC Net Worth

Fulham FC has an estimated net worth of $850 million as of November 2025. This sharp rise in valuation reflects the impact of Premier League revenues, the completion of the Riverside Stand redevelopment, increased commercial partnerships, and strong financial backing from owner Shahid Khan.

Stadium and Infrastructure Value

Craven Cottage remains Fulham’s most iconic and valuable asset, and its redevelopment has dramatically increased the club’s overall valuation.

The newly completed Riverside Stand, finished in 2025, has transformed both the matchday and commercial landscape for Fulham.

It features luxury hospitality suites, high-end dining areas, VIP lounges, conference rooms, and waterfront experiences tailored for premium customers.

This redevelopment has produced several long-term financial benefits:

• Higher matchday revenue per seat
• Significant increases in corporate hospitality sales
• Added flexibility for year-round events and private bookings
• Enhanced stadium appeal for sponsorships and naming rights
• Long-term property appreciation due to the stand’s premium riverside location.

The Riverside Stand alone adds a substantial amount to Fulham’s infrastructure valuation, shifting the club into the upper tier of mid-sized Premier League franchises.

Craven Cottage’s blend of historic charm and modern upgrades boosts the club’s valuation.

Stadiums in key London neighborhoods typically experience accelerated real estate appreciation, and Fulham benefits directly from this trend.

Squad and Player Asset Value

Fulham’s squad contributes heavily to its $850 million valuation.

With a mix of Premier League-proven players, rising young talent, and strategic acquisitions, the club maintains a roster with strong market value.

Data-Driven Recruitment

Tony Khan’s data-driven approach has reshaped Fulham’s transfer strategy.
The club uses analytics to identify undervalued potential, maximize resale value, and build a sustainable squad profile.

This strategy leads to:

• Lower transfer risk
• Higher long-term player value
• Profitable outgoing transfers
• Stronger squad depth and competitiveness.

Fulham’s academy remains one of the strongest in London, producing players who contribute either on the pitch or as high-value transfer assets.
The academy pipeline is an important financial component, reducing the need for expensive transfers.

Premier League Broadcasting and Revenue Streams

A major factor in Fulham’s rising valuation is the Premier League’s massive broadcasting ecosystem.

Each season in the Premier League delivers substantial financial inflows from:

• Domestic broadcasting deals
• International TV rights
• Merit payments for league position
• Facility fees for televised matches.

Even for mid-table clubs, these figures reach hundreds of millions per season, directly supporting Fulham’s rising valuation.

Even in challenging seasons, Fulham benefits from parachute payments, ensuring financial stability.

This protection reduces risk and preserves valuation, particularly important for investor confidence and long-term planning.

Commercial, Sponsorship, and Global Market Growth

Fulham’s commercial operations have expanded significantly in recent years, boosting the club’s financial profile.

The club has secured stronger sponsorships across shirt deals, training kits, technology partners, and premium hospitality partnerships.

Craven Cottage’s redevelopment has amplified the club’s appeal to brands seeking premium London exposure.

Fulham’s global audience has grown, especially in:

• The United States
• Asia
• Middle Eastern markets.

Shahid Khan’s influence in American sports, combined with the Premier League’s global reach, has increased Fulham’s brand visibility outside the UK. This expanded audience drives merchandise sales, streaming engagement, and commercial partnership value.

Real Estate and Venue Monetization

Fulham controls highly valuable real estate in one of London’s most sought-after riverfront areas.

The land value alone significantly strengthens the club’s financial position.

The new Riverside Stand enables Fulham to host:

• Corporate events
• Hospitality functions
• Private receptions
• Conferences
• Non-matchday experiences

This diversification generates consistent revenue outside matchdays and supports the club’s rising overall valuation.

Financial Stability Under Shahid Khan

A crucial part of Fulham’s $850 million valuation is the stability provided by owner Shahid Khan.

His substantial personal wealth shields the club from financial risk and allows for patient, long-term planning.

Under Khan’s ownership, Fulham operates with:

• Controlled wage structures
• Analytics-based recruitment
• Steady infrastructure investment
• Strong debt management
• Modern commercial operations.

This model ensures Fulham grows in value year after year, regardless of short-term sporting fluctuations.

Fulham FC CEO

As of November 2025, Alistair Mackintosh serves as the CEO of Fulham FC. He is one of the most experienced executives in English football and has been a key architect behind Fulham’s modern structure, blending traditional club identity with Premier League-level commercial and operational demands.

Alistair Mackintosh is a seasoned football executive with a long and influential career in the Premier League. Before joining Fulham, he served as CEO at Manchester City during the early 2000s, helping oversee the club’s transition into a major modern football institution.

His industry knowledge, negotiation skills, and financial discipline make him one of the most respected administrators in English football.

At Fulham, Mackintosh is the bridge between the club’s ownership, its executive board, and the day-to-day functions of the organization. His leadership ensures the club operates efficiently across football, commercial, and infrastructure departments.

Strategic Planning and Long-Term Vision

Mackintosh oversees Fulham’s long-term business strategy. His responsibilities include financial planning, commercial expansion, operational management, and ensuring the club meets Premier League and EFL regulations.

He works closely with the owner, Shahid Khan, to align the club’s goals—balancing sustainable growth with competitiveness.

One of Mackintosh’s defining responsibilities in recent years has been managing the redevelopment of Craven Cottage, especially the Riverside Stand.

He coordinated planning, budgeting, stakeholder management, and execution for one of the most ambitious stadium upgrades undertaken by a mid-sized Premier League club.

The success of the project strengthened Fulham’s financial position and enhanced the stadium’s long-term revenue potential.

Financial Leadership and Commercial Growth

Mackintosh plays a major role in Fulham’s financial stability.

His work includes:

• Managing wage structures
• Overseeing budget allocation for transfers and football operations
• Negotiating commercial partnerships
• Strengthening corporate governance
• Monitoring financial performance across revenue streams.

He ensures Fulham meets financial sustainability rules while still maintaining the ability to compete in the Premier League.

While Tony Khan leads football strategy and analytics-driven recruitment, Alistair Mackintosh is the club’s senior negotiator.

He handles:

• Player contracts and renewals
• Transfer fee negotiations
• Agent and lawyer coordination
• High-level financial compliance for football deals.

His experience with negotiation makes Fulham more effective and efficient in the transfer market.

Management of Club Operations

The CEO oversees all non-football departments, including:

• Commercial and sponsorship teams
• Marketing and digital media
• Stadium operations
• Ticketing and hospitality
• Legal and compliance
• Community and foundation initiatives.

He ensures all departments operate cohesively and deliver the club’s strategic objectives.

Working with Shahid Khan

As CEO, Mackintosh works directly with Shahid Khan on major decisions.
Khan sets the vision; Mackintosh turns it into operational and commercial frameworks.

He provides the owner with continuous updates on:

• Financial performance
• Infrastructure progress
• Club governance
• Transfer windows
• Premier League regulatory matters
• Long-term planning.

This collaboration ensures stability and clear alignment throughout the club.

Working with Tony Khan

Mackintosh and Tony Khan coordinate the intersection of football operations and club administration.

While Tony handles squad building and football analytics, Mackintosh manages contract structures, financial viability, and overall compliance.

Together, they create a modern footballing model that blends data-driven strategy with financial discipline.

Importance of the CEO Role in Fulham’s Modern Identity

Fulham’s growth—its stadium redevelopment, global expansion, consistent Premier League performance, and commercial evolution—can be strongly linked to Mackintosh’s leadership.

He ensures the club remains financially stable, operationally efficient, and strategically aligned with modern football demands.

The CEO’s position is essential in:

• Sustaining Premier League competitiveness
• Growing the club’s global brand
• Maintaining compliance with league regulations
• Securing long-term commercial success
• Building a sustainable internal structure regardless of league position.

Under his leadership, Fulham has transitioned into a more modern, data-informed, and commercially effective club ready for long-term success.

Final Thoughts

Fulham FC remains a stable, well-run Premier League club under the ownership of Shahid Khan. His long-term vision, financial strength, and investment strategy have reshaped the club’s future. The leadership structure supports modern football growth while preserving the club’s heritage at Craven Cottage. Understanding who owns Fulham FC highlights how much the club’s progress has depended on consistent, focused, and well-funded ownership.

FAQs

Who is the owner of Fulham Football Club?

Shahid Khan is the owner of Fulham Football Club. He purchased the club in 2013 and holds 100% ownership.

Who owns Fulham Football?

Fulham Football is fully owned by Shahid Khan through his family-controlled structure. There are no additional shareholders.

Where is Fulham Football Club?

Fulham Football Club is located in Fulham, West London. The club’s home stadium, Craven Cottage, is situated on the banks of the River Thames.

What is Fulham’s owner’s net worth?

The net worth of Fulham’s owner, Shahid Khan, is estimated at $14.8 billion as of 2025.

How did Shad Khan get his money?

Shahid “Shad” Khan built his fortune through Flex-N-Gate, an automotive parts manufacturing company he purchased in 1980. He expanded it into a global supplier for major car manufacturers.

Is Shad Khan a billionaire?

Yes. Shad Khan is a multibillionaire with a net worth of around $14.8 billion.

Who is the Flex-N-Gate owner?

Flex-N-Gate is owned by Shahid Khan, who transformed it into one of the world’s largest privately held automotive parts suppliers.