FA receives bid to buy Wembley Stadium

FA receive offer for Wembley Stadium from Fulham onwer

Jacksonville Jaguars owner Shad Khan has placed an offer to purchase Wembley Stadium, England's premier soccer field and the home of several National Football League global games.

FA representatives remain reluctant to give too many details regarding the proposed offer away, releasing a statement saying, via the Independent: " We can confirm that the FA has received an offer to buy Wembley Stadium".

The Jaguars owner, who also owns London soccer club Fulham, is said to have offered 600 million pounds ($840 million) for the arena, the Associated Press reports, which he says would continue to host games for England's national team.

"He's an ambitious man, but this business doesn't have big relationship with Fulham, it's more a relationship with American Football and the Jaguars".

"When I say us, I'm talking about the Jaguars, NFL, Wembley, and I think it also makes a lot of sense for the FA and the English football team".

Most of their global games would still be played at the feted venue, but games falling throughout the NFL's autumn season would be played elsewhere.

The stadium, which is now also used as Tottenham's temporary home, was finished in 2007 at a cost of nearly £800 million.

ICE deputy director responds to Gov. Cuomo's 'false and offensive' criticism
These fearless men and woman leave the safety of their homes every day to protect this great nation and our communities. Cuomo has issued a cease and desist letter to ICE to demand the immediate stop of unconstitutional enforcement actions.

However, it would not threaten Wembley's status as the England team's home for all major fixtures.

The money, I'm told, would be ploughed by the FA into the grassroots game, with a potentially revolutionary effect on provision of coaches, coach educators, 4G pitches and money to revamp facilities.

Khan, who sports a luxuriant moustache that would not disgrace a Pakistani general, has promised to be a good citizen and said that "should we be fortunate to close on the purchase. the spirit and essence of Wembley would be unchanged". In 2015, Khan signed a deal to play at least one game a year there through 2020.

Khan emphasised that the deal was not a foregone conclusion but talked confidently about his plans for the national stadium. Wembley is a special place, beloved in London and known throughout the world.

"It [the purchase of Wembley] would deliver another -- and very significant -- asset and local revenue source that would further strengthen our investment in London, which as everyone knows is crucial to the Jaguars' continued sustainability in Jacksonville".

The FA has owned the new stadium, the largest in Britain, since its completion and still has around £150 million of debt to pay off.

With Twickenham last year and Tottenham's new stadium also set to host National Football League matches when it opens as part of a 10-year agreement, it seems a matter of when not if a franchise comes to London - and Khan's proposed Wembley purchase would put the Jaguars in pole position.

Related News:

  • Darvish tosses six stellar innings as Cubs win

    Darvish tosses six stellar innings as Cubs win

    Bryant hasn't played since he was hit in the face with a 96 miles per hour fastball from the Rockies' German Marquez on Sunday. Quintana, meanwhile, hasn't been sharp but did strike out six in a six-inning shutout against the Brewers three starts ago.
    IPhone 11 will ditch 3D Touch to reduce costs

    IPhone 11 will ditch 3D Touch to reduce costs

    Apple first introduced 3D Touch with the iPhone 6S in 2015, and at the time most of the reviews raved about the feature. So, for this expensive display upgrade, the company might ditch the 3D Touch feature in order to balance out the costs.
    Tiger Woods: Also playing The PLAYERS Championship

    Tiger Woods: Also playing The PLAYERS Championship

    Woods last won The PLAYERS in 2013, which was the previous year he managed to take first in any tournament. Woods' late spring and summer will likely include the Wells Fargo, The Players, the Memorial, the U.S.
  • Largest mass sacrifice of children uncovered in Peru

    Largest mass sacrifice of children uncovered in Peru

    The llamas and the children had cuts to the breastbone and dislocated ribs-suggesting that their hearts may have been removed. Numerous children had their faces smeared with a red cinnabar-based pigment - most likely as part of the sacrificial ritual .

    IBM (IBM) Shares Bought by Assetmark Inc

    Stephens Inc decreased its stake in Tractor Supply Co (TSCO) by 13.31% based on its latest 2017Q4 regulatory filing with the SEC. It increased, as 54 investors sold IBM shares while 604 reduced holdings. 156 funds opened positions while 519 raised stakes.

    David Akers trolls Cowboys fans announcing Eagles pick

    Dallas Goedert caught 72 passes for 1,111 yards last season and had 198 catches for 2,988 yards and 21 touchdowns in his career. Previous year the Eagles ran a lot of two-tight end sets with Celek on blocking downs and Burton on passing downs.

Most liked

Most Commented