Football Association gets £800m offer for Wembley Stadium

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The Football Association is poised to sell the iconic Wembley Stadium. English media has widely reported that the FA has received an offer of £800 million for the national football stadium.

Shahid Khan, the Fulham and the Jacksonville Jaguars owner, is tipped to be the prospective buyers. Reports suggest FA and the Shahid Khan are in advance talks for the deal.

The £800million offer reportedly includes £500m for the stadium and £300m for the FA to keep the Club Wembley debenture and hospitality business, the British media has reported.

An FA spokesman is reported as saying that “We (FA) can confirm the FA Board has received an offer for Wembley.”

NFL executive vice-president Mark Waller has “the potential purchase of Wembley Stadium is a further powerful sign of their commitment to the UK and their vision to help us grow the sport. This new relationship would allow for even greater flexibility in scheduling future NFL games in London.”

The matter was discussed at an FA board meeting on Thursday.

The NFL have welcomed the move with vice-president of events and international Mark Waller saying: “We are very happy for Shahid Khan and the Jacksonville Jaguars. The potential purchase of Wembley stadium is a further powerful sign of their commitment to the UK and their vision to help us grow the sport.

“Having stadium options in London has always been critical to the NFL and, in tandem with our 10-year partnership with Tottenham Hotspur, this new relationship would allow for even greater flexibility in scheduling future NFL games in London.”