Jacksonville Jaguars owner Shahid Khan is set to complete his takeover of Fulham in the coming days.
The Daily Mail says the NFL supremo is expected to have completed his £150million plus purchase of Fulham by the end of this week.
Mohamed Al Fayed is no longer prepared to put money into the club and will sell for the right price.
Khan has already shown his liking for London by signing a contract for the Jaguars, who do not sell out all their home games in Florida, to play one NFL match per season for the next four years at Wembley stadium.
Khan, 62, is the first non-American to own a NFL club and sees the global sports picture. He describes London as 'the missing piece' in the growth of his NFL team. Buying Fulham for a price in excess of £150m would allow him the opportunity to promote both his sports brands to maximum effect in London.