NFL owner buys Fulham

The Pakistan-born businessman has
bought the Premier League club for
up to a reported €200 million to
end Mohamed Al Fayed's 16-year
reign at Craven Cottage
The owner of NFL team Jacksonville
Jaguars, Shahid Khan, has completed the
purchase of Fulham .
The Pakistan-born businessman has taken
100 per cent ownership of the west
London club, which is now debt free, from
Mohamed Al Fayed, while the deal has
also been approved by the Premier
League.
Khan, a billionaire car parts manufacturer,
is the sixth American owner of a Premier
League side having completed the
purchase for what reports suggest is
around €200 million.
"Fulham is the perfect club at the perfect
time for me," Khan told the club's official
website.
"I want to be clear, I do not view myself
so much as the owner of Fulham, but a
custodian of the club on behalf of its fans.
"My priority is to ensure the club and
Craven Cottage each have a viable and
sustainable Premier League future that
fans of present and future generations
can be proud of.
"We will manage the club's financial and
operational affairs with prudence and
care, with youth development and
community programs as fundamentally
important elements of Fulham's future."
Al Fayed has ended his 16-year reign at
Craven Cottage, which begun in the third
tier of English football when he bought
the club for around £6.25m, but insists
the club will be secure under Khan's
ownership.
"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," Al Fayed said.
"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."