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Shad Khan Withdraws Bid to Buy Wembley Stadium

 

Jacksonville Jaguars owner Shad Khan is shutting down his efforts to buy Wembley Stadium.
 
Khan and the Football Association announced Wednesday that the Jacksonville Jaguars owner has withdrawn his unsolicited offer to purchase the London stadium.
 
"Unfortunately, given where we are today, I've concluded that the outcome of a vote next week would be far from sufficient in expressing the broad support favored by the FA Chairman to sell Wembley Stadium," Khan said in a statement. "Until a time when it is evident there is an unmistakable directive from the FA to explore and close a sale, I am respectfully withdrawing my offer to purchase Wembley Stadium."
 
Khan, who is principal owner of Fulham F.C. as well as the Jags, proposed purchasing the stadium earlier this year, an effort he argued would free up funds to allow the FA to allocate elsewhere.
Posted (edited)

According to Peter King on One Bills Live, this Wembley deal was pissing off the Tottenham people. Their new stadium was intended to host an NFL team. Putting the Jags in Wembley meant they had to drag another team over. (The Chargers?)

Edited by PromoTheRobot
Posted
1 minute ago, PromoTheRobot said:

According to Peter King on One Bills Live, this Wembley deal was pissing off the Tottenham people. Their new stadium was intended to host an NFL team. Putting the Jags in Wembley meant they had to drag another team over. (The Chargers?)

 

As an Arsenal fan of many years:

 

Tottenham is . . . .

 

 

 

Posted

Khan is having a hard time selling Pro-Football in a town that favors college football. Perhaps a few seasons getting deep into the playoff can help turn things around in the Jags favor.

Posted
On 10/17/2018 at 6:26 PM, PromoTheRobot said:

According to Peter King on One Bills Live, this Wembley deal was pissing off the Tottenham people. Their new stadium was intended to host an NFL team. Putting the Jags in Wembley meant they had to drag another team over. (The Chargers?)

 

While there may be truth in that, it wasn't the underlying reason.

 

Which was that the full F.A. Council was due to vote on the proposal, and it suddenly appeared that that vote wasn't going to go in favour. Khan could have tried forcing the issue, as the F.A. Executive had apparently agreed to the sale, and they actually have the authority to have gone through with the sale, but Khan decided that discretion was the better part of valour, and withdrew the bid.

 

The F.A. Council is made up of people from all aspects of what the F.A. do, from grass roots level, to the various professional levels of the game. As such, it could be seen to be a guide to how popular, or not, the move would have been throughout the game as a whole. If the suppport elsewhere wasn't forthcoming, Khan did the ultimately sensible thing, imho, by backing off, as possibly becoming a 'hate' figure, isn't going to serve either of his teams purposes in the long term.

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