Billionaire Fulham football club owner Shahid Khan has made an offer, thought to be worth £800m, to buy Wembley Stadium from the English Football Association. It is understood Khan would pay £500m for the stadium and the FA will continue to run the Club Wembley hospitality business, valued at £300m.
The English FA board discussed the approach at a meeting on Thursday. “We would strive to be the best possible steward for a venue that is iconic,” said Khan. The owner of NFL side Jacksonville Jaguars added: “Wembley would return to private ownership and the Football Association would be able to focus on its core mission of developing players. I trust many if not most of you are also supporters of the England national teams, so I hope you welcome the potential of this becoming a reality.”
Fulham coach Slavisa Jokanovic said at a news conference on Thursday that Khan told him “about his plan a year and a half ago – he’s very ambitious”. The 90,000-seat stadium, which is the largest in the United Kingdom, has been the home for Premier League side Tottenham Hotspur this season while work on their new stadium takes place.
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