NFL owner buys Fulham FC

Fulham football club has a new owner. Last night, it was confirmed that its chairman Mohamed Al Fayed had sold the club to an American billionaire Shahid Khan. He's already the owner of an American Football team in Florida.

Today, the pair held a press conference to explain the plans for the future. But the big question was whether Mr Khan will keep the infamous statue of Michael Jackson that stands outside Craven Cottage. Here's Rags Martel.

Fulham's new owner, Shahid Khan, says it's the perfect club for him after he completed the take-over from Mohamed Al-Fayad.

The new owner of Fulham FC, Shahid Khan.

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.

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."