The Pakistan-born billionaire, Shahid Khan, has offered to buy London’s iconic Wembley Stadium for a whopping £900 million ($1.24 Billion).
Shahid Khan, who apart from owning various businesses also owns NFL-side Jacksonville Jaguars, is aiming to provide his NFL side with a lavish home; which is likely to be Wembley following his official bid.
According to a source close to the matter, he said:
It is understood he would pay £600m for the stadium and the FA will continue to run the £300m-valued Club Wembley hospitality business.
Wembley is currently owned by England’s football association and hosts all of England’s matches, the FA Cup final and Britain’s biggest sports events including NFL games, where Jaguars have participated year after year.
However, playing more games at Wembley would require the Jaguars to get the NFL’s approval.