Mohamed Al Fayed sells Harrods
Discussion
Eric Mc said:
Let's hope they take all that plastic Egyptian tat out of the foyer.
Yes it will be replaced by other tasteless tat now.He's got close links with the rulers of Brunei and Dubai so I guess it's a rich Sheikh from that part of the world.
He has and is losing a fortune with Fulham FC too - wonder if that is next?
Eric Mc said:
Sky are sayings that it's the Qatari Royal Family.
Are Fulham FC the next Portsmouth?
Yes sold to Qatar Holding.Are Fulham FC the next Portsmouth?
Some are suggesting Fulham may be part of this deal too because the Qatar Investment Authority of which Qatar Holding is part of has been looking to buy an EPL club for some time now. They made an unsuccessful bid for Everton not too long ago.
The deal for Harrods is said to be worth £1.5billion. Given Al-Fayed purchased the store for 650 milion in the mid 80s does 1.5b not sound a bit low?
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