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Former Fulham owner Mohamed Al Fayed has died at the age of 94

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Former Fulham owner Mohamed Al Fayed has died at the age of 94

Al Fayed owned Fulham and department store Harrods

Former Fulham football club owner Mohamed Al Fayed has died at the age of 94.

The Egytian-born businessman was best known for owning Premier League football club Fulham and also the world-renowned department store, Harrods.

According to Sky News, Al Fayed was buried after Friday prayers at London Central Mosque in Regent's Park.

Back in 2010, Al Fayed sold Harrods to Qatar Holdings before selling Fulham to US businessman Shahid Khan in 2013.

Born in Alexandria, Al Fayed was the son of a schoolteacher. He launched his own business before stepping up to become an adviser to one of the world’s richest men, the Sultan of Brunei, in 1966.

Al Fayed then left his homeland and moved to the United Kingdom in the 1970s.

After joining the board of the mining conglomerate Lonrho in 1975, he and his brother Ali, bought the Paris Ritz Hotel in 1979.

In 1985, the Al Fayed brothers successfully bought Harrods in what was a £615 million takeover.

Al Fayed then entered the football world in 1997 when he bought Fulham for £6.25 million and he famously invited American music legend Michael Jackson to watch a match at Craven Cottage.

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Getty

After 16 years of owning Fulham, Al Fayed sold the club to Khan in a deal worth between a reported fee of £150 million to £200 million.

At the time, Al Fayed said: “I am now delighted to be passing this great and historic club into the care and stewardship of an outstanding man who has already achieved much in his life and will, I am sure, take Fulham on to even greater things.

“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.”

Featured Image Credit: Getty

Topics: Fulham, Football