• Thursday, August 11, 2022

Business

Shahid Khan primed to take over ownership of Wembley

Shahid Khan (Photo by Kevin C. Cox/Getty Images)

By: Keerthi Mohan

The Football Association is all set to sell Wembley stadium to Shahid Khan, the billionaire owner of Fulham football club. The deal is worth almost £900m, reports indicate. According to the Guardian, Shahid Khan, who owns the Jacksonville Jaguars American football team, has made an offer of a £600m lump sum and the Football Association would be allowed to retain the revenue generated by Club Wembley, whose business is valued at around £300m. Khan told the publication that he hoped the deal would be completed within three months. Although he does not want to change the name of the stadium,…

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