FA agrees £600m sale of Wembley Stadium but the deal’s not done yet
PUBLISHED: 13:25 26 September 2018 | UPDATED: 13:25 26 September 2018
Bosses at the Football Association have agreed terms for a £600m sale of Wembley Stadium to the billionaire owner of Fulham FC.
Shahid Khan, who also owns Jacksonville Jaguars NFL team, has been in talks to buy the stadium since April.
The FA is said to be holding a crunch meeting with members of its governing body tomorrow.
If the FA board agrees. the deal will go to an October meeting of the FA’s 127-member council.
Many members are from amateur football teams who are believed to have doubts about the deal.
In July Barry Gardiner, MP for Brent North, wrote to the the secretary of state to say any sale has to be conditional on the continued flow of revenue to the Wembley National Stadium Trust (WNST).
It is thought England teams will play their matches at other stadiums around the country during the autumn months when Wembley will be reserved for NFL games.