Mohamed Fayed is to sell Fulham in a
£150million takeover deal with one of the world’s richest men.
An announcement could
take place as early as tomorrow following secret negotiations with US
billionaire Shahid Khan.
Khan, 62, is the owner
of American football’s Jacksonville Jaguars and is looking for a London base
for his NFL franchise.
Now he is on the verge
of an agreement with Fayed, who bought Fulham for £6.25m in 1997 and has
invested more than £200m in interest-free loans.
Pakistani-born Khan —
recently named by Forbes magazine as the 491st richest in the world — moved to
the US aged 16 and made his fortune manufacturing car parts.
He would become the
fifth US-based Premier League owner, following the Glazers, Stan Kroenke, JW
Henry and Randy Lerner.
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