Fulham owner Mohamed Al Fayed is in talks to sell the Premier League club, 16 years after he took control, the
Al Fayed’s investment stands at £200m, the newspaper adds, with a United States-based buyer showing a strong interest. Talks are said to have been on-going for some time, with the sale a complicated issue that is close to completion – possibly as early as this week but at least by the start of the new Premier League campaign in August.
The 84-year-old former Harrods owner is running the sale himself, with Fulham officials having little involvement in the process. Al Fayed has owned Fulham since 1997, paying just over £6m to take charge of the then Second Division outfit.
Al Fayed’s tenure has seen the Cottagers rise up the divisions, reaching the Premier League in 2001, where they have remained ever since. Last season Fulham, under manager Martin Jol, finished 12th on 43 points.
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