Portman Road

Next Game

Ipswich v Fulham

Saturday, 09 August 2014, 17:15

Sky Bet Ch'ship

Broadfield Stadium

Last Game

Crawley 0 - 2 Fulham

Saturday, 19 July 2014, 15:00

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

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

C

lassic management. Build them up and then knock them back. Raise expectations and then dampen them. Create a dynamic where by you demand the most from your team, but where the team are given room to manoeuvre unexpected or unwanted results. Classy work by Van Gaal, he really reminds me a lot of me. A smart cookie, make no doubt.

hump3.
Van Gaal: 'I struggle for first three months'

H

e will be the England left back for ten years or more, and then you will have to thank MUFC for that. *smiles*

london saint
Shaw: Criticism spot on

P

urely because of that little diva moment he had last night, I don't want him coming to my club. DESTROYED ? Grow up and give something back to the club that helped put you up there on the world stage.

bale doubt
Saints' Schneiderlin stalemate

Footer 365

Indian Super League: Ex-Juventus and Monaco striker David Trezeguet joins FC Pune City

World Cup winner David Trezeguet has been unveiled as the latest Indian Super League signing, joining FC Pune City.

Transfer news: Chelsea striker Romelu Lukaku set for £24million switch to Everton

Sky sources understand Chelsea's Belgium international striker Romelu Lukaku is set for a £24million move to Everton.

Transfer news: Stuttgart's Antonio Rudiger not thinking about interest

Stuttgart's Germany defender Antonio Rudiger says he is not thinking about the interest being shown in him from England.

Mail Box

Divock Origi Is Like Connor Sammon (Sort Of)

One Mailboxer inserts his tongue into cheek to offer his thoughts on Liverpool's newest signing. Plus thoughts on league-owned clubs, badges, and swearing...

Mails Come From A Land Down Under

We have an example of league-owned clubs from Australia while Kiwi boys want more respect for refs. Plus, Van Gaal won't stick with 3-5-2 and worried if Koeman will cut it...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property