Major update on Wembley Stadium may affect Chelsea's Stamford Bridge plans
05:12, Apr 27, 2018
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A spokesperson for the Football Association said: "We can confirm that The FA has received an offer to buy Wembley Stadium".
But Khan has previously spoken about having a permanent NFL franchise in London and the league said in a statement: We are very happy for Shad Khan and the Jacksonville Jaguars.The potential purchase of Wembley Stadium is a further powerful sign of their commitment to the United Kingdom and their vision to help us grow the sport.
It is thought the English national football team may have to play home matches at other stadiums around the country while the NFL season is underway.
Local MP and shadow worldwide trade secretary Barry Gardiner was equally hostile to the bid: "Let's not see our National Football Stadium traded away in a backroom deal".
Khan, who is worth an estimated £5.2billion, is prepared to pay more than £500m in cash and allow the FA to keep its hospitality business Club Wembley that is valued at a further £300m. News outlets the Independent and Evening Standard speculate the 90,000 capacity stadium might even lead to the establishment of a London-based National Football League team - something Khan has mooted in the past - with the Jaguars taking up residency from September to January.
"We are very happy for Shad Khan and the Jacksonville Jaguars", NFL executive vice president of events and global Mark Waller said in a statement.
The new Wembley was built for £757m after serious financial difficulties, after the FA took ownership because its England matches and FA Cup semi-finals and finals provide the bulk of the income, and it has been a financial and administrative burden.
It was expected that the club would play at Wembley in this time, a similar scenario with Tottenham's new stadium that will be ready by next season.
It so happens that Wembley is located in a part of London with a huge Indian-origin population.
England would go on the road for many games if the Jaguars moved to London.
NFL games will also be played later this year at the new north London stadium of Premier League club Tottenham, which is under construction.
"An agreement would result in Wembley Stadium returning to private ownership, permitting the FA to fully focus on its core mission, which includes the development of talent and serving the game from grassroots to the men's and women's national teams, all with the benefit of long-term funding made possible by this transaction".
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