NFL owner buys Fulham FC

The Michael Jackson tribute statue will stay outside Fulham's ground, Craven Cottage, despite the club having a new owner.

Shahid Khan, who also runs an American Football team, is the new owner of the West London club - and promised to keep it.

Previous owner, Mohamed Al-Fayed, jokingly told ITV London, that if Khan takes it away he'll be very angry and be forced to rip off Khan's moustache.

The Associated Press reporter Rob Harris has a statement from Fulham's new owner, NFL Jackson Jaguars owner Shad Kahn, after he bought the club from Mohamed al Fayed:

Fulham Football Club has confirmed that Mohamed Al Fayed has sold the side to Shahid Khan, the owner of NFL team Jacksonville Jaguars.

It says a formal announcement is scheduled at Craven Cottage tomorrow at 1pm.

Mr Khan said: “Fulham is the perfect club at the perfect time for me. 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."

You can read what else Mr Khan said on Fulham's website.

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:

Spokesman for the owner of the NFL team Jacksonville Jaguars, Shad Khan, has told the Associated Press that he has bought Premier League side Fulham.

Read more: Mohamed Al Fayed on why he has sold the club