Ful of it: Mohamed Al Fayed remains committed to Fulham despite selling HarrordsRoy Hodgson has been assured that Mohamed Fayed remains committed to Fulham after the shock news the club's owner is selling his flagship London store, Harrods, for £1.5billion.
With the club preparing for the biggest day in their 131-year history when they play Atletico Madrid in the Europa League final on Wednesday, Fayed yesterday sold the famous store to Qatar Holdings.
Roy Hodgson has been assured that Mohamed Fayed remains committed to Fulham after the shock news the club's owner is selling his flagship London store, Harrods, for £1.5billion.
With the club preparing for the biggest day in their 131-year history when they play Atletico Madrid in the Europa League final on Wednesday, Fayed yesterday sold the famous store to Qatar Holdings.
Fayed, 81, is easing back from business life. He has bankrolled Fulham since taking the club from the bottom tier of the Football League in 1997 to the Premier League and this week's Europa League final.
'Just because you sell your house doesn't mean you will sell your car,' said a source close to Fayed, insisting the sale would have no bearing on Fulham, despite the fact the club owe £167.6million to companies owned by Fayed and made a loss of £6.8m last year.
Hodgson's heroics have made him one of the most sought-after managers and while it would be difficult for Fulham to stand in his way should Liverpool - or even England - offer him a job, Fayed is said to be determined to keep his inspirational manager at the club for next season and has just handed him a new rolling one-year contract.
Hands off: Roy Hodgson's heroics have made him one of the most sought-after managersAlthough Fayed used to support the club through loans from Harrods, those have been paid back in recent years and are now guaranteed by his own trust fund and his companies in the British Virgin Islands and Bermuda.
His sons, Omar and Karim, are both active members of the Fulham board and the team's resurgence under Hodgson is said to have rekindled his attachment to the club.
source :dailymail
