<p>United States-based billionaire Shahid Khan has bought English Premier League football club Fulham in a deal reportedly worth to 200 million pounds.<br /><br /></p>.<p>Former owner Mohamed Al Fayed ended his 16-year-old association with the club after the sale Friday night.<br /><br />Khan, owner of the Jacksonville Jaguars American Football franchise will be the sixth American owner of a top flight club after Manchester United, Arsenal, Liverpool, Aston Villa and Sunderland.<br /><br />“My time of serving at Fulham would one day come to an end, and I feel that time has now arrived. I have found a very good man in Shahid Khan to accept the responsibility and privilege that I have enjoyed at Fulham since 1997," 84-year-old Fayed was quoted as saying in Telegraph.<br /><br />Khan has an estimate fortune of 1.7 billion pounds which is almost double that of Fayed, who wiped out Fulham's debt by converting his loans into equity and made Fulham a more attractive proposition to potential buyers.<br /><br />“Al Fayed rescued the club in its hour of need and has led it to a sustained place within the Premier League. Fulham is the perfect club at the perfect time for me. I do not view myself so much as the owner of Fulham, but a custodian of the club on behalf of its fans," 62-year-old Khan said.<br /><br /></p>
<p>United States-based billionaire Shahid Khan has bought English Premier League football club Fulham in a deal reportedly worth to 200 million pounds.<br /><br /></p>.<p>Former owner Mohamed Al Fayed ended his 16-year-old association with the club after the sale Friday night.<br /><br />Khan, owner of the Jacksonville Jaguars American Football franchise will be the sixth American owner of a top flight club after Manchester United, Arsenal, Liverpool, Aston Villa and Sunderland.<br /><br />“My time of serving at Fulham would one day come to an end, and I feel that time has now arrived. I have found a very good man in Shahid Khan to accept the responsibility and privilege that I have enjoyed at Fulham since 1997," 84-year-old Fayed was quoted as saying in Telegraph.<br /><br />Khan has an estimate fortune of 1.7 billion pounds which is almost double that of Fayed, who wiped out Fulham's debt by converting his loans into equity and made Fulham a more attractive proposition to potential buyers.<br /><br />“Al Fayed rescued the club in its hour of need and has led it to a sustained place within the Premier League. Fulham is the perfect club at the perfect time for me. I do not view myself so much as the owner of Fulham, but a custodian of the club on behalf of its fans," 62-year-old Khan said.<br /><br /></p>