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.

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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.

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