Saturday, October 16, 2021

Shahid Khan: Who Is The Pakistani Billionaire That Wants To Buy Wembley Stadium For £800million

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Pakistani Billionaire Shahid Khan came to prominence around the world when buying Fulham in 2013 from Mohamed Al-Fayed. The 67-year-old was born in Lahore, Pakistan but moved to the United States at the age of 16 to study engineering and went on to become a billionaire as an automobile parts manufacturer.Khan’s current net worth is $7.2bn (£5.2bn), making him the 217th richest person in the world according to the 2018 Forbes rich list, and the 73rd richest in the United States. Khan bought NFL franchise Jacksonville Jaguars in 2011 and they have had a deal to play “home” games at English Wembley stadium since 2013. The contract for that is in place until 2020 as the Jaguars have tried to put themselves at the forefront of the NFL links with London.Fulham are pushing for a return to the Premier League, having been relegated to the Championship in 2014 soon after Khan’s arrival, while Jacksonville had their best season for a decade, reaching the AFC Championship game before being beaten by New England Patriots. Khan has stated that any prospective deal for Wembley will have no impact on his commitment to Fulham and the proposed redevelopment of the Riverside stand. Khan’s son, Tony, has been vice chairman and director of football operations at Fulham since February 2017, having previously advised on football operations.Photo Credit: Getty

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