Ex-Fulham owner Al Fayed: 'Right time for me to retire'

The Associated Press reporter Rob Harris has a statement from Mohamed Al Fayed on why he has sold the club to NFL Jackson Jaguars owner Shad Kahn:

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Al Fayed: " I have found a very good man in Shahid Khan to accept the responsibility & privilege that I have enjoyed at Fulham since 1997"

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Al Fayed: "The right time for me to retire and spend time playing football with my grandchildren. I am sad but proud of our achievements"

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NFL owner buys Fulham FC

Premier League side Fulham confirms that Mohamed Al Fayed has sold the club to the owner of the NFL team Jacksonville Jaguars, Shad Khan.