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Kia Joorabchian has launched an £80million bid to take over Fulham.

Joorabchian, the Iranian-born businessman, and his financial backers turned to Fulham after losing out to Eggert Magnusson’s consortium in the prolonged £100m battle to buy West Ham.

Joorabchian’s supporters, including Israeli hotel and property millionaire Eli Papoushado, are intent on taking control of a London-based top flight club.

Paul Aldridge, the former West Ham chief executive, is advising Joorabchian and his team.

Sunday Mirror Sport understands talks with current owner Mohamed Al Fayed are under way.

But both parties have agreed on absolute confidentiality.

The Joorabchian camp will have to provide detailed proof of funding and hope to strike an agreed price with Al Fayed, who took over at Fulham in the summer of 1997.

Asked about the takeover talks, Al Fayed’s spokesman said: “Fulham is not for sale. Mr Al Fayed is not for selling.”