Mohamed Al-Fayed

Businessman Mohamed Al-Fayed

Mohamed Abdel Moneim Al-Fayed is an Egyptian businessman. Amongst his business interests are ownership of the English Premiership football team Fulham Football Club, Hôtel Ritz Paris and formerly Harrods Department Store, Knightsbridge. Fayed has three siblings: Ali, Salah, and Safia; and married Finnish socialite and former model Heini Wathén in 1985, with whom he had four children: Jasmine, Karim, Camilla, and Omar; and three grandchildren.
Mohamed Al-Fayed's personal information overview.
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Back to the Future: Love Trumps All
Huffington Post - over 2 years
Huffington Post needs this brilliant satire by Heather Frank. "Back to the Future screenwriter Bob Gale has revealed that Donald Trump was the inspiration for Marty McFly's arch nemesis Biff Tannen."-- Variety, October 21, 2015 Now that Trump has virtually joined the cast, I wonder what might have happened if his Princess Diana blast from the past fantasy had actually come true? It could have been huge... Sitting in their rustic living room with the world's most powerful couple at their iconic Double D farm, it's impossible to believe that Donald and Diana Trump almost didn't happen. But it's true. Now, for the first time, the Trumps reveal the truth about the first moments of their fairy tale love story, exclusively to Medium. "When Charles and I finally divorced in August 1996, the last thing on my mind was remarriage," says Mrs. Trump, gazing up at her husband with her unmistakable, steady blue eyes. "Of course, I had known and admired Donald for ages, but the timing ...
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 Huffington Post article
Egyptian Minister: There Are No Red Lines, Only Yellow Ones
Huffington Post - almost 3 years
By Courtney C. Radsch/CPJ Advocacy Director After a series of high-level meetings to discuss press freedom concerns with Egyptian officials in Cairo earlier this month, it was heartening to hear that journalists Mohamed Fadel Fahmy and Baher Mohamed had been granted bail after more than 400 days in prison. The Al-Jazeera case had become a headache for President Abdel-Fattah el-Sisi, attracting international condemnation as the country seeks foreign investment and prepares for elections. A new law allowing foreigners to serve sentences or be retried in their home country also prompted public indignation over unequal treatment. The legislation allowed for the deportation to Australia of Al-Jazeera journalist, Peter Greste. His colleague Fahmy, an Egyptian-Canadian, had renounced his Egyptian citizenship in the hope of an early release. "Being an Egyptian should be a privilege not a punishment," Mohamed Fayek, head of Egypt's National Council for Human Rights, said,...
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 Huffington Post article
Martin Jol fired by Fulham
Yahoo News - about 4 years
With Fulham in the drop zone and showing no signs of improvement, the club has parted ways with manager Martin Jol. Martin Jol has been sacked by Fulham following Saturday's embarrassing 3-0 beating at the hands of West Ham United. New owner Shahid Khan, who took over the club from longtime owner Mohamed Al-Fayed this summer, has given Jol plenty of time to work his way out of a bad run of form. After five straight Premier League losses, Khan decided enough was enough, though he was certainly gracious in his comments on the club website.
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 Yahoo News article
Soccer-Fulham to remove Michael Jackson statue
Yahoo News - over 4 years
LONDON, Sept 20 (Reuters) - A controversial statue of the late pop star Michael Jackson will be removed from outside Fulham's Craven Cottage ground after fans complained it made the Premier League club look like a laughing stock. The statue was erected behind the Hammersmith stand by former owner Mohamed Al Fayed in 2011, two years after the singer's death at the age of 50 from an overdose of a surgical anaesthetic and other sedatives. ...
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 Yahoo News article
Khan vows to build on Al Fayed's work at Fulham
Fox News - over 4 years
Fulham's new owner Shahid Khan vowed to build on the foundations left by Mohamed Al Fayed as the Pakistan-born billionaire arrived at Craven Cottage for the first time on Saturday following his takeover. Khan, who also owns NFL team Jacksonville Jaguars, struck an agreement with Al Fayed on Friday that put the Premier Leage club under new ownership for the first time in 16 years. The 62-year-old is reported to have paid around ??150 million for 100 per cent control and he met the media for the first time on Saturday. Khan was quick to pay tribute to Al Fayed, but also made it clear he believes there is more to achieve for a club who finished 12th in the Premier League last season and reached the Europa League final in 2010 "There's a great leadership here and I have a lot to learn. But I'll give the team all the support it needs to be successful on the pitch," Khan said. "We have to respect history. I am going to listen to the fans and decide, but we have to make sure it (the clu...
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 Fox News article
What has former Harrods owner sold?
CNN - over 4 years
Fulham became the sixth soccer team in England's Premier League to fall into U.S. ownership when the charismatic Mohamed Al Fayed sold the club to billionaire and N.F.L. owner Shahid Khan.
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 CNN article
NFL owner buys English soccer team
CNN - over 4 years
Fulham became the sixth soccer team in England's Premier League to fall into U.S. ownership when the charismatic Mohamed Al Fayed sold the club to billionaire and N.F.L. owner Shahid Khan.
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 CNN article
The Valentino Buyout Reveals Everything You Need To Know About The Future Of The Fashion Industry
Business Insider - over 5 years
The news that Valentino have been bought by Mayhoola, an investment group thought to be backed the Qatari Royal family, is the sign of a trend in fashion finance. It follows recent rumours that Doctor Martens are being bought by Russian tycoon Mikhail Fridman, and his investment fund Pamplona Capital, as well as Cerruti and Gianfranco Ferre being snapped up by retail groups over the last couple of years. The Qatari Royal family might have even started this by buying Harrods from Mohamed Al-Fayed in 2010. This deal certainly makes sense in the fashion world. Valentino is a couture house and so – like the rest of couture – has a significant proportion of its clientele now in the Middle East. With these buy-outs more and more frequent, some work better than others. P ringle of Scotland, bought by the Hong Kong-based Fang brothers in 2000, posted losses of $7.2 million for 2011, and ex-Balenciaga designer Alistair Carr – a much-heralded appointment – lasted less than a year as de...
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 Business Insider article
Mohamed Al Fayed launches attack on Premier League referees
Daily Mail (UK) - almost 6 years
Fulham chairman Mohamed Al Fayed has launched a scathing attack on referees, claiming they are influenced by 'the more powerful Premier League clubs'.
Article Link:
 Daily Mail (UK) article
Fulham Chairman Says League 'in Coma' Over Bad Officials
NYTimes - almost 6 years
Outspoken Fulham Chairman Mohamed Al Fayed has slammed the Premier League and its officials after a series of controversial incidents involving the London club and others in recent weeks.
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 NYTimes article
Mohamed Al Fayed blasts Mark Hughes
Daily Mail (UK) - over 6 years
Fulham chairman <a class="fplink fp-200045" href="/mohamed+al+fayed">Mohamed Al-Fayed</a> has criticised former manager <a class="fplink fp-588765" href="/mark+hughes">Mark Hughes</a>, labelling him a 'strange man' and a 'flop'. Hughes claimed Fulham lacked ambition after leaving in the summer.
Article Link:
 Daily Mail (UK) article
Last night's TV: Diana: the truth about her final days - Irish Independent
Google News - over 6 years
Mohamed Al-Fayed was shown as an evil genius, cackling loudly with malicious pleasure every time a picture of his son and Diana appeared in the papers. It was enjoyably over-the-top, although the real Al-Fayed made an appearance too, and came across as
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 Google News article
Learn about memorable moments in the evolution of Mohamed Al-Fayed
  • 2014
    Age 81
    He moored a yacht in Monaco called the Sokar prior to selling it in 2014.
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  • 2013
    Age 80
    In July 2013, it was announced that Al-Fayed had sold the club to American businessman Shahid Khan, who owns the NFL's Jacksonville Jaguars. Lady Diana Spencer was born in 1961, and married the heir to the British throne, Charles, Prince of Wales, in 1981, becoming the Princess of Wales.
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    The statue was removed by the club's new owners in 2013; Al-Fayed blamed the club's subsequent relegation from the Premier League on the 'bad luck' brought by its removal.
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    Al-Fayed sold his ownership of Fulham F.C. to Shahid Khan in 2013.
  • 2011
    Age 78
    Under Al-Fayed Fulham F.C. was owned by Mafco Holdings, based in the tax haven of Bermuda. Mafco Holdings is owned by Al-Fayed and his family. By 2011, Al-Fayed had loaned Fulham F.C. £187 million in interest free loans.
    A statue of the American entertainer Michael Jackson was unveiled by Al-Fayed in April 2011 at Craven Cottage In 1999 Jackson had attended a league game against Wigan Athletic at the stadium.
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  • 2009
    Age 76
    In 2009 Al-Fayed revealed that he was in favour of a wage cap for footballers, and criticised the management of The Football Association and Premier League as "run by donkeys who don't understand business, who are dazzled by money."
    Fulham reached the final of the 2009–10 UEFA Europa League and continued to play in the Premiership throughout Al-Fayed's tenure as owner (which ended in 2013).
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    In 2009, Al-Fayed revealed that he was a supporter of Scottish independence from the United Kingdom, announcing to the Scots that "It's time for you to waken up and detach yourselves from the English and their terrible politicians whatever help is needed for Scotland to regain its independence, I will provide it when you Scots regain your freedom, I am ready to be your president."
  • 2008
    Age 75
    The jury verdict, given on 7 April 2008, was that Diana and Dodi had been "unlawfully killed" through the grossly negligent driving of chauffeur Henri Paul, who was intoxicated, and the pursuing vehicles.
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    As an Egyptian with links to Scotland, Al-Fayed was intrigued enough to fund a 2008 reprint of the 15th century chronicle Scotichronicon by Walter Bower.
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  • 2004
    Age 71
    Fulham lost a legal case against former manager Tigana in 2004 after Al-Fayed had wrongly alleged that Tigana had overpaid more than £7m for new players and had negotiated transfers in secret.
  • 2003
    Age 70
    In 2003, Fayed moved from Surrey, UK to Switzerland, alleging a breach in an agreement with Inland Revenue.
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  • 2002
    Age 69
    The Highlands of Scotland tourist board awarded Al-Fayed the "Freedom of the Highlands" in 2002, in recognition of his "outstanding contribution and commitment to the highlands."
  • 2001
    Age 68
    In 2001, Fulham took the First Division (now Football League Championship) under manager Jean Tigana, winning 100 points and scoring over 100 goals in the season.
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  • 1997
    Age 64
    Hamilton's libel action related to a Channel 4 Dispatches documentary broadcast on 16 January 1997 in which Al-Fayed made claims that the MP had received up to £110,000 in cash and received other gratuities for asking parliamentary questions.
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  • 1996
    Age 63
    Diana and Charles divorced in 1996.
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  • 1994
    Age 61
    In 1994, in what became known as the cash-for-questions affair, Fayed revealed the names of MPs he had paid to ask questions in parliament on his behalf, but who had failed to declare their fees.
  • 1988
    Age 55
    During this period, from 1988 to February 1998, Al-Fayed's spokesman was Michael Cole, a former BBC journalist, although Cole's PR work for Al-Fayed did not cease in 1998.
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  • 1985
    Age 52
    In 1985, he and his brothers bought the remaining 70 percent of House of Fraser for £615m.
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    Fayed married Finnish socialite and former model Heini Wathén in 1985, with whom he has four children: Jasmine, Karim, Camilla, and Omar.
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  • 1984
    Age 51
    In 1984, Fayed and his brothers purchased a 30 percent stake in House of Fraser, a group that included the famous London store Harrods, from Roland 'Tiny' Rowland, the head of Lonrho.
  • 1975
    Age 42
    He briefly joined the board of the mining conglomerate Lonrho in 1975 but left after a disagreement.
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  • 1966
    Age 33
    He also became a financial adviser to the then Sultan of Brunei Omar Ali Saifuddien III, in 1966.
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  • 1964
    Age 31
    Fayed and his brothers founded a shipping company in Egypt before moving its headquarters to Genoa, Italy with additional offices in London. Around 1964 Fayed entered a close relationship with Haitian leader François Duvalier, known as 'Papa Doc' Duvalier, and became interested in the construction of a Fayed-Duvalier oil refinery in Haiti.
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  • 1954
    Age 21
    He was married for two years, from 1954 to 1956, to Samira Khashoggi.
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  • 1929
    Age -4
    Born on January 27, 1929.
Original Authors of this text are noted here.
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