Carrow Road

Last Game

Norwich 4 - 2 Fulham

Saturday, 02 May 2015, 12:15

Sky Bet Ch'ship

Al Fayed ready to sell Fulham

Sky sources understand that Mohamed Al Fayed is in advanced talks to sell Fulham.

Last Updated: 12/07/13 at 22:14 Post Comment

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Al Fayed has begun the process of ending his 16-year ownership of the club and has held discussions with at least one interested buyer.

Shahid Khan, the boss of NFL franchise Jacksonville Jaguars, is reported to be among the potential purchasers.

The Pakistani-born tycoon is ranked 179th in the Forbes 400 list of richest Americans with an estimated worth of £1.65 billion.

The 62-year-old, who made his fortune as a car parts manufacturer, already has ties to London, with the Jaguars scheduled to play one NFL regular season game a season at Wembley for the next four years.

Sky Sports News contacted Craven Cottage and Al Fayed's representatives for an official response but both declined to comment, and there has been no word either from the Jaguars.

Al Fayed converted outstanding loans to Fulham into equity in January, leaving them effectively debt-free, while a second successive profit was reported for the year ending June 2012.

They have become an established Premier League club under the 84-year-old's ownership, and the forthcoming season will be their 13th straight campaign in the division.

There are also plans to revamp the club off the pitch, with planning permission in place to increase the Cottage's capacity to 30,000.

Football finance expert David Buik told Sky Sports News he believes it needs someone with vision and foresight to take Fulham to the next level.

"The new owner has got be very innovative, have a very broad vision of how he's going to make something of it," he said.

"I believe it can be done. It's a fabulous area in London, it can cope with an awful lot more spectators and we can make an awful lot of more of the brand. But it needs vision, foresight - and very deep pockets.

"If you have been going to Craven Cottage for 16 years, as I have, and been biting your nails waiting for them to get to 40 points, that's not what he wants them for.

"Unless Mr Fayed falls out with Mr Khan, these negotiations could be done by the end of the week.

"There's nothing particularily outstanding because the debt has been paid off. The key to the deal is the conversation with Hammersmith and Fulham council. They will want to know, 'What can you do for us, what can you do for the community?'"

More of the games that matter

Upgrade in minutes or watch with a NOW TV Day Pass.

Related News

Most Commented

Readers' Comments

I

still can't see the Phil Jones thing that some people go on about. Whenever I watch him play it's a repeat of headless chicken meets a gurning Bambi on ice for 90 minutes.

diabolicaldiaby
F365's Top Ten Defenders Of The Season

P

robably the first list I've come across in a long time where I agree with a large majority of what was written. Can't agree with everything though, Zaba has had an awful season by his standards, I'd put Monreal (a player who I've never rated) up there, gotta give credit where it's due, he's really stepped up his game.

scroteymcbooger
F365's Top Ten Defenders Of The Season

S

ome top analysis here..... UNITED WOULD BE TOP IF IT WEREN'T FOR ALL THEM GAMES THEY LOST

benvo81
United Progress Stifled By Bottom-Half Record

Footer 365

Brendan Rodgers says he will be a better manager at Liverpool next season

Brendan Rodgers believes he "will be a better manager" next season, and has criticised the "short-termism" that has threatened to dislodge him at Liverpool.

Jose Mourinho agrees new Chelsea deal, claim reports

Chelsea manager Jose Mourinho has verbally agreed a two-year extension to his contract, according to reports.

Swansea's Bafetimbi Gomis could return from injury against Arsenal

Swansea striker Bafetimbi Gomis could return to action against Arsenal after nearly a month on the sidelines.

Mail Box

Giroud Is More Than Good Enough...

Olivier Giroud and Theo Walcott are integral to Arsenal's title hopes next season. There's also more on handballs, Juventus, and Ronaldo holding Bale back...

How Is Coutinho Rated Above Cazorla?

We have a mailbox packed full of views on Santi Cazorla, what Arsenal and United need this summer, the idiocy of St Totteringham's Day and rather a lot more...

© 2015 Sky Ltd. All Rights Reserved A Sky Sports Digital Media company