Sky sources: Mohamed Al Fayed in advanced talks over sale of Fulham

Al Fayed has begun the process of ending his 16-year ownership of the club and has held discussions with at least one interested buyer.

Shahid Khan, the boss of NFL franchise Jacksonville Jaguars, is reported to be among the potential purchasers.

Sky Sports News contacted Craven Cottage and Al Fayed's representatives for an official response but both declined to comment, and there has been no word either from the Jaguars.

Al Fayed converted outstanding loans to the club into equity in January, leaving them effectively debt-free, while a second successive profit was reported for the year ending June 2012.

Fulham have become an established Premier League club under the 84-year-old's ownership, and the forthcoming season will be their 13th straight season in the division.

Via: Sky sources: Mohamed Al Fayed in advanced talks over sale of Fulham