The 1997–98 season was Fulham's 100th season in professional football. They played in the Second Division (previously known as the Third Division).
Manager Micky Adams was sacked in September, soon after Mohammed Al Fayed's take-over. Ray Wilkins and Kevin Keegan were appointed as head coach and director of football respectively. The club managed to make the play-offs despite losing their last three games, but this wasn't good enough for Al Fayed, who sacked Wilkins and promoted Keegan to his position. Keegan was unable to navigate Fulham through the play-offs as they were defeated by Grimsby Town 2–1 on aggregate (1–1 and 1–0 over two legs) in the semi-finals.
^Taylor was born in Hildesheim, Germany, but also qualified to represent any of the home nations internationally as he was a British passport holder born abroad. He would make his international debut for Northern Ireland in 1999.
^Neilson was born in Wegberg, Germany, but also qualified to represent Wales internationally, and made his international debut for Wales in 1992.
^Trollope was born in Swindon, England, but also qualified to represent Wales internationally, and made his international debut for Wales in 1997.