Fulham boss Kit Symons would love to spend the club’s £40million parachute money in a bid to build a winning squad for next season.

However, the Whites boss admits he is hamstrung by Financial Fair Play rules, which in essence prohibits clubs forking out more than they earn.

In the last published accounts for 2013, Fulham made a £1m loss from a £73m turnover of which £67m was player wages.

Symons and Whites are fearful penalties that might hit QPR should the neighbours get relegated will be their lot too if they overspend, despite the deep pockets of billionaire owner Shahid Khan.

Budget: Fulham owner Shahid Khan (C)

The Fulham manager said: “Financial fair play will play a part.

“There was money available in January, the chairman has been very supportive and I spoke to him last week, but we extensively used the loan market; and I’m glad we did that.

“Injuries and suspensions meant we were light. But I didn’t want to spend money now that kept us up but didn’t work out longer term.

“I looked at options and they weren’t available; it was an educated gamble that paid off, but I predict a busy time in the summer.

“Because of financial fair play we’d have to work within a budget, and there will be quite a few comings and goings.”

Repeat?: £11m Ross McCormack (C) may not be a one off

Ross McCormack’s £11m acquisition last summer drew gasps and criticism aplenty, but Symons admits he is ready to spend the same again on one player if needs be.

He added: “I'm not ruling out spending that type of money, but it would have to be really good value for the football club.”

Fulham round off their season at Norwich on Saturday with an outside chance of 16th place if they dent Canary hopes of returning to the Premier League at the first attempt.

Fulham won a close home game 1-0 in October at the Cottage (see gallery).

The Whites were only one point behind Norwich when both took the 2013-14 plunge, but a bad start with only one point from seven games this season did for any Fulham hope they would bounce back like the East Anglia club.

Keep up to date with all the build-up, matchday and post-game reaction to Norwich v Fulham right here on getwestlondon