Fulham and Jacksonville Jaguars owner, Shahid Khan, has made an offer of £800m to buy Wembley Stadium from the FA. Khan said that “Wembley would return to private ownership and The Football Association would be able to focus on its core mission of developing players.”
The 90,000-seater stadium opened in 2007 and cost £757m to build. In January the FA said that it would finish paying for the ground by 2024. It is believed that Khan’s bid includes £500m for the stadium and £300m for the FA to keep the Club Wembley debenture and hospitality business.
Khan brought the Jaguars in 2011 and since 2013 have had a deal in place to ‘play’ home games at Wembley, with the contract running until 2020. Putting the Jaguars at the forefront of the NFL links with London.
The NFL have also confirmed that the purchase of Wembley would not affect the deal that is in place with Tottenham to stage games at their new ground. A spokesperson for the NFL said: “Having stadium options in London has always been critical to the NFL and, in tandem with our 10-year partnership with Tottenham Hotspur, this new relationship would allow for even greater flexibility in scheduling future NFL games in London."