Sport

FA in talks to sell Wembley Stadium to Fulham, Jacksonville Jaguars owner

FA in talks to sell Wembley Stadium to Fulham, Jacksonville Jaguars owner

How much will Wembley Stadium cost to buy?

Khan stressed that Wembley would remain "home to the England national teams" and that Fulham would stay at Craven Cottage in a message to the club's fans.

Chief executive Martin Glenn is thought to have made an outline agreement, with the national arena on the cusp of going into foreign ownership for the first time in its history, insist The Sun and Evening Standard.

Wembley, which was knocked down in 2003, with the new building finished in 2007, cost around £800 million to build but the FA still has £150m of debt to pay.

The Jacksonville Jaguars owner is insanely rich, like most NFL owners, but he displayed that wealth in a unbelievable way and is reportedly in talks to buy Wembley Stadium, England's preeminent "football" field, more than 500 million pounds ($700 million). Whether or not the deal goes through, rest assured that the FA Cup final and semi-finals will continue to be held at Wembley Stadium.

It means that for worldwide games in September, October and November, the England team would have to utilise venues in other parts of the country, just as they did when the new Wembley was being built between 2000 and 2006.

Fulham owner Shahid Khan
Shad Khan releases statement on buying Wembley Stadium

"We are very happy for Shad Khan and the Jacksonville Jaguars", he said in a statement.

Khan also released a statement, saying: "The games the Jaguars play at Wembley are essential to the financial stability of the Jaguars in Jacksonville, which is one of the smallest markets in the NFL". The Jaguars have already established a strong presence in London through regular season matches being played at Wembley in front of sell-out crowds and have "home" matches scheduled at least through to 2020.

While a deal has not yet been agreed, an FA spokesperson has told Sportsmail that a potential sale is in the pipeline: 'We can confirm that The FA has received an offer to buy Wembley Stadium'. "To be clear, this venture is 100 per cent independent of my investment in and operation of Fulham Football Club, Motspur Park and Craven Cottage".

'No less attention will be paid to developing players and fielding a squad that will win with frequency and always make you proud.

Tottenham signed a 10-year agreement with the National Football League in 2015 for regular season games to be staged at their new stadium, kicking off with the Seattle Seahawks facing the Oakland Raiders on October 14.

This year, the Jaguars will be playing Super Bowl champions the Philadelphia Eagles at Wembley on October 28.





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