Cardiff City Stadium

Next Game

Cardiff v Fulham

Saturday, 08 August 2015, 12:00

Sky Bet Ch'ship

Last Game

Hertha 2 - 2 Fulham

Wednesday, 22 July 2015, 17:00

Friendly Match

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

G

ood lord that's got me unnecessarily excited. Damn you Storey. Cut to Liverpool being crushed under the wheels of Sparky's Stoke Machine and Firmino brought off the bench to no effect. It's the hope that kills you.

suarez_blind
Roberto Firmino: Steel To Complement The Silk

N

o Schweini? Have to admit that I did a little sex wee when we signed him and I can't wait to see him in action!!!

spence
F365's Top Ten Players We Can't Wait To Watch

I

think he'll do quite well. My only reservation would be Kagawa, who had similar stats to Firmino in the bundesliga before he came, but time will tell.

GVMUFC
Roberto Firmino: Steel To Complement The Silk

Footer 365

Manchester City agree £14m fee with Roma for Edin Dzeko

Sky sources understand Manchester City have agreed a £14m fee with Roma for striker Edin Dzeko.

Angel Di Maria is 'very happy' to join PSG from Manchester United

Angel Di Maria's move to PSG from Manchester United looks set to go through after he expressed happiness at the deal.

Liverpool's Jordon Ibe says he needs more end product

Liverpool winger Jordon Ibe says he must be looking contribute a goal or assist in every game he plays.

Mail Box

Louis Van Gaal Only Wants Football Robots

Louis van Gaal only wants players who are human robots, apparently. It's a great Mailbox, with thoughts on Chelsea, Audi Cup, Fabregas, Lingard and Joe Gomez...

Is Jack Wilshere The New Diaby?

This was supposed to be his season but he is already injured. We have mails on Chelsea, TV football, why Raheem Sterling is worth more than ADM and more...

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