Originally written on NESN.com  |  Last updated 11/18/14
LONDON – Jacksonville Jaguars owner Shahid Khan bought the Barclays Premier League club Fulham on Friday, becoming the sixth American owner in the Premier League. The deal between previous owner Mohamed Al Fayed and Khan for the sale of the London club was completed on Friday and approved by the Premier League. Financial details were not disclosed. ”Fulham is the perfect club at the perfect time for me,” Khan said in a statement sent to The Associated Press. ”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, an Egyptian businessman, has owned Fulham since 1997 and is leaving the club debt-free as it prepares for a 13th Premier League season. ”He is giving me the privilege and responsibility of serving as the next custodian of Fulham Football club,” Khan said. ”I am extremely honored 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.” Manchester United (Glazer family), Arsenal (Stan Kroenke), Liverpool (John Henry), Aston Villa (Randy Lerner) and Sunderland (Ellis Short) also are controlled by American owners. Fulham plays at Craven Cottage, a 25,700-seat stadium on the banks of the Thames in west London. The venue has been the club’s home for most years since 1896, and the team was given approval last year to redevelop its Riverside stand and increase capacity to 30,000. The Cottagers have never won a major trophy but reached the final of the FA Cup in 1975 and the Europa League in 2010. Fulham has had a string of American players in recent seasons, including Clint Dempsey, Brian McBride, Carlos Bocanegra, Kasey Keller and Eddie Johnson, and a hospitality area at the stadium is named after McBride. The sale comes with Khan’s Jaguars preparing to play NFL regular-season games in London. The Jaguars have a deal to play one home game in London for four consecutive seasons starting in October at Wembley Stadium against the San Francisco 49ers. Khan, who owns Flex-N-Gate Corporation, a leading American automotive supplier, moved to the US from his native Pakistan as a 16-year-old in 1967. ”By his hard work, vision and determination, Shahid Khan has become a living embodiment of the American success story,” Al Fayed said. ”His achievements speak for themselves. I met him twice prior to our successful transaction this week and have been very favorably impressed.” The 84-year-old Al Fayed, the former owner of Harrods department store, said he is retiring to spend time playing soccer with his grandchildren.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

WATCH: Cormier tells Jones to get his s-- together

Fans holding 'Free Tom Brady Rally' at Gillette Stadium

Josh Hamilton to be activated by Rangers

WATCH: Top CB recruit makes insane catch doing backflip

Biggest surprises of the MLB season

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Marcus Mariota leads NFL in jersey sales for May

Report: Scott Skiles frontrunner for Magic coaching job

Shanahan: injuries are not why Robert Griffin III struggles

Kyle Korver ruled out for remainder of playoffs

Randy Moss attends cancer survivor's graduation

Roger Staubach shares thoughts on Greg Hardy

Warriors crush Rockets in Houston to take 3-0 series lead

WATCH: D'Angelo Russell whiffs on horrible golf swing

Brian Matusz ejected for having foreign substance on arm

PHOTO: Don Cherry wears wild suit even for his taste

PHOTOS: Gigantic sinkhole at Jack Nicklaus golf course

WATCH: Memphis player catches defense sleeping, scores

WATCH: Astros turn around-the-horn triple play

French Open Women's preview: Who will make the quarters?

WATCH: Bryan Price gets ejected before game starts

WATCH: Vin Scully narrates fan's marriage proposal

WATCH: Harper, Matt Williams have special handshake

The Yankees are succeeding despite the numbers

NFL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Eight biggest surprises of the MLB season

Bryan Price ejected before first pitch

Vin Scully narrates marriage proposal

Pats fan's obituary defends Brady

Marlins players skip own charity event

John Wall tells All-NBA Team voters to ‘keep sleeping’

Jim Kelly: No doubt Tom Brady cheated

Post-combine NBA Draft big board: Top 30

Ex-players sue NFL for conspiring to push painkillers

Astros surprising, but can get better with Correa

Here come the Giants

Aaron Hernandez got new tattoo in prison

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.