On this day in 2018: Shahid Khan withdraws £900m offer to buy Wembley from FA

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On this day in 2018: Shahid Khan withdraws £900m offer to buy Wembley from FA
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The American billionaire is the owner of Fulham and NFL side Jacksonville Jaguars.

American billionaire Shahid Khan withdrew his offer to buy Wembley Stadium from the Football Association on this day in 2018.

The owner of Fulham and NFL side the Jacksonville Jaguars felt his offer to buy Wembley proved more divisive than initially anticipated and decided to pull out. The proposed deal had the support of the FA’s senior leadership, including Glenn himself, and was also backed by the government but there were significant doubts elsewhere, most notably at the grassroots level itself.

However, wider concerns about whether the FA was selling the family silver too cheaply, its ability to spend the money wisely and Khan’s long-term plans for the stadium all led to the downfall of the sale.In a statement, Khan, 68, said: “I’ve been clear publicly as well as in my correspondence with the FA Council that it would require a proper partnership, with the full and enthusiastic commitment of all involved, to maximise the benefits to the FA and game of football.

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