Carrow Road

Next Game

Norwich v Fulham

Saturday, 02 May 2015, 12:15

Sky Bet Ch'ship

Craven Cottage

Last Game

Fulham 4 - 3 M'boro

Saturday, 25 April 2015, 15:00

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

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?'"

Related News

Most Commented

Readers' Comments

I

t's why Mourinho is so successful. He gives players a specific, limited set of functions to perform. They are but a cog in a machine. Do no more, do no less. I assume he learnt it from LvG :)

red_devil83
Fellaini Has Politely Become Undroppable

I

really hope that someone in the mainstream media spots that the Bayern manager played for and managed Barcelona quite well, and thinks to mention it in the build up. That would be really interesting.

megabrow (cufc)
Barcelona to face Bayern

Y

our gob says one thing, Brendan, the results say something else.

balls-to-monty
Rodgers bullish over Anfield future

Footer 365

Tottenham and Everton winger Aaron Lennon investigated by police

Greater Manchester Police are investigating claims that Aaron Lennon assaulted a woman in a Manchester nightclub.

League Two round-up: Tranmere and Cheltenham relegated to Conference

Shrewsbury secured promotion to League One by beating Cheltenham, whose relegation fate was sealed along with Tranmere.

Liverpool were 'outstanding', says boss Brendan Rodgers after West Brom draw

Brendan Rodgers says Liverpool were 'outstanding' after their 0-0 draw against West Brom.

Mail Box

Chelsea Millions Should Buy Better...

For the money they have spent, Chelsea should be playing like the Harlem Globetrotters rather than Atletico. We have mails on Cesc, Brendan Rodgers and...

Brendan Rodgers Is David Cameron...

Rodgers is compared to the Prime Minister, insomuch as he has a right to peddle bulls**t, apparently. Plus why comparing Arsene Wenger to Diego Simeone is a mug's game...

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