Shahid Khan has admitted he and the Fulham hierarchy "let supporters down" and apologised after the club's relegation was confirmed with the defeat at Watford on Wednesday night.
The Cottagers' season of struggle reached its inevitable conclusion at Vicarage Road, where fine goals from Abdoulaye Doucoure, Will Hughes, Troy Deeney and Kiko Femenia ensured a ninth successive defeat.
Ryan Babel's finish had briefly given the visitors hope of at least delaying their demise, but it was not to be.
Following 33 league fixtures they have a disappointing total of 17 points, which leaves them 16 from safety.
"Our results over the past three months were as troubling for me and everyone associated with our club as I know they were for you," Khan said in a statement.
"Last night’s outcome made official what we didn’t think would be possible in August and tried desperately to remedy and avoid as the season wore on. For me, that makes today the most difficult day of all.
"I am sorry that we let you down. Our goal this season was to build on what we achieved in promotion and deliver on our pledge to invest heavily in the squad, ensuring that Fulham would always compete in the Premier League and, no matter the result, never disappoint.
"That didn’t occur and, for that, we hold ourselves accountable. We will reflect, plan thoroughly and respond accordingly.
"In the weeks ahead we will communicate further as to our vision for the future, which includes the latest progress on the Riverside Stand project that will underline my investment in your beloved club. I recognise that may not be of consolation today, but I offer it nonetheless to assure you of my total commitment to Fulham Football Club.
"Thank you for your faith, endurance and support."
