Fulham chairman and owner Mohamed Al Fayed has quashed rumours of a club takeover and insists he remains committed to the Cottagers.

Al Fayed was reportedly interested in selling the club to businessman John Wallis, a lifelong Fulham fan, but Wallis’ company Casino Fortune claim they were looking into sponsoring, rather than buying Fulham.

“My position remains clear since 1997, I have invested well over £130million in Fulham FC with the long-term aim of seeing the club established amongst the world’s very best.

“I am as committed to that dream as I have always been. This club is not for sale, period.”

Cottagers boss Chris Coleman said earlier on Monday he was convinced Al Fayed planned to remain in charge of the club.

He said: “I spoke to the chairman this morning and he was as enthusiastic as he ever was.