Fulham’s long serving chairman Mohammed Al Fayed has sold the club this week to Pakistani born US businessman Shahid Khan after the Egyptian former Harrods owner decided to sell the club he has been in charge of for 16 years.
In that time he has brought unprecedented success to Craven Cottage, and like him or not, the fact remains he bankrolled the clubs rise to the Premier League; where they are now an established member.
And who can forget the Europa League final? Another triumph under the rule of the charismatic 84-year-old.
The deal is worth between £150 and £200 million pounds and while the Flex-N-Gate owner may not be the richest man in the world he is a fair sight richer than most of us.
But Fulham are not his only sporting venture.
He has long been a fan of American Football and has twice tried to buy an NFL franchise.
In 2010 he went in for the St Louis Rams but current Arsenal supremo Stan Kroenke shafted him on that deal.
But at the start of 2012 he managed to get his hands on the Jacksonville Jaguars.
And Fulham fans will hope they do a far lot better than the Jaguars have since Khan became their owner.
In the last NFL season the Jaguars were the joint worst team in the competition; finishing bottom of the AFC South with two wins and 14 losses in their NFL campaign.
Of course the two sports are incredibly different and the structure of the hierarchy is not exactly comparable.
But his time at Jacksonville has not been without controversy and criticism from his fans.
The first piece of controversy was unfortunately due to rather bigoted views over his ethnicity; which obviously has no bearing on his ability to run a football team so is irrelevant.
But many fans criticised his decision to appoint Mike Mularkey as the new head coach in January after his poor showing as offensive co-ordinator for Atlanta Falcons in the play-offs.
And in the end they were proven right when he was sacked almost a year to the day later.
And Fulham fans will hope that The Cottagers have a much better season than The Jaguars did under Khan.
image: © joeshlabotnik