JACKSONVILLE, Fla. -- Jacksonville Jaguars owner Shad Khan has purchased the English Premier League's Fulham Football Club from Mohamed Al Fayed, the Jaguars announced in a release Friday.
A formal announcement will happen at Craven Cottage on Saturday at 1 p.m. London time, 8 a.m. Jacksonville time. Khan, as of Friday, will have 100 percent, debt-free ownership of the team.
Khan's purchase of Fulham FC will mean that 6 of the 20 teams in the English Premier League will be owned by Americans. The Glazer family which owns the Tampa Bay Buccaneers also owns Manchester United. Stan Kroenke who owns the St. Louis Rams also owns Arsenal. Former Cleveland Browns owner Randy Lerner owns Aston Villa.
"I was recently very fortunate to have been introduced to Mohamed Al Fayed, a man I respect and admire immensely for what he has accomplished in his life and - above all - what he has given others," Khan said in the release. "Today, he is giving me the privilege and responsibility of serving as the next custodian of Fulham Football Club. I am extremely honoured 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."
Khan's impending ownership of Fulham FC will likely help to increase interest in the Jaguars in England. The Jaguars will play at least one game in London in each of the next four seasons beginning with a matchup against the San Francisco 49ers at Wembley Stadium on October 27th.
Local soccer fans in Jacksonville are hoping that Fulham plays an occasional exhibition game at EverBank Field during the course of Khan's ownership of both teams.
First Coast News