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Mohamed Al Fayed sells Fulham FC to Shahid Khan

last updated Sunday 22nd October 2017, 5:24 AM

Mohamed Al Fayed has sold Fulham Football Club to Shahid Khan, the CEO of Flex-N-Gate Group and owner of the Jacksonville Jaguars of the National Football League in the United States.

The transaction has been approved by the Barclays Premier League. Khan assumes 100 per cent ownership of the club, debt-free, as of today. A formal announcement is scheduled at Craven Cottage on Saturday at 1 p.m. London time.

Mohamed Al Fayed

"My time of serving as the custodian of Fulham Football Club would one day come to an end, and I feel that time has now arrived. The time is right because I have found a very good man in Shahid Khan to accept the responsibility and privilege that I have enjoyed at Fulham since 1997. Fulham will be in very good hands with Shahid, whose success in business and passion for sport is very evident. I ask everyone who loves Fulham and our Craven Cottage home to welcome Shahid as he begins his journey as the next guardian of Fulham Football Club."

Mohamed Al Fayed



Shahid Khan

"I was recently very fortunate to have been introduced to Mohamed Al Fayed, a man I respect and admire immensely for what he has accomplished in his life and - above all - what he has given others. Today, he is giving me the privilege and responsibility of serving as the next custodian of Fulham Football Club. I am extremely honoured to accept and want to thank him, on behalf of everyone who loves Fulham, for 16 years of exceptional service to the Club. Mr Al Fayed rescued the club in its hour of need and has led it to a sustained place within the Premier League."

Shahid Khan



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