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Shad Khan is the owner of the Jacksonville Jaguars. The Jacksonville Jaguars play one game each season in London. Shad Khan tried to buy the iconic Wembley Stadium in London.
Ergo, many NFL observers believed that Khan would move the Jaguars to London when the sale was over.
About that…
Khan withdraws bid for Wembley
On Wednesday, Khan issued a statement in which he announced that he was withdrawing his bid to buy the Wembley Stadium, citing the lack of support from the AF Council. The Council is a group of 92 elected members who decides on the main policies of the FA, the governing body of football in England.
The owner of Jacksonville Jaguars, Shad Khan, announced on Wednesday that he was withdrawing his bid to buy the iconic Wembley Stadium. (AP)
Khan had proposed to buy the stadium with a capacity of $ 90,000 for 600 million pounds, or about 788 million dollars. The FA would have retained Club Wembley's home rights and the stadium would have remained home to England's national teams.
<p class = "canvas-atom web-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" At that moment, after the Council of the FA of Last week At the hearing, it appears that there is no definitive mandate to sell Wembley and that my current proposal will no longer be supported by a slim majority of Council members. federation, well below the decisive margin demanded by the president of the federation, " Khan's statement "data-reactid =" 28 ">" At present, after the hearing of the FA Council last week, it seems that there is no definite mandate for to sell Wembley and my current proposal would then deserve the support of a small majority of the federation's board of directors, which is well below the decisive margin demanded by the president of the federation " , Khan's statement says in part.
Martin Glenn, CEO of the FA, told the BBC that the decision to sell Wembley was "more confrontational than expected." This facility currently belongs to the FA; If Khan had bought the stadium, the organization would have invested the product in the development of basic football facilities.
Jaguars staying in Jacksonville?
When Khan announced in April that he was trying to buy Wembley, he described it as a purchase that would reinforce the Jaguars and his headquarters in Jacksonville rather than a sign that the uprooting of the team was imminent.
But the Jaguars have been playing a home game a year at Wembley since 2015 and will do so at least until 2020. Khan, owner of Wembley – he also owns the English football club Fulham – seemed to indicate that the NFL had long believed That she needed a permanent team in London (an insane idea, reads here) would materialize.
For the moment, at least, it seems that this will not happen.
In his statement on Wednesday, Khan did not close the door on Wembley's purchase in the future if he were to get the support he needed from the FA Council.
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