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The Football Association (The FA) is reported to be considering the £800m sale of Wembley Stadium.

Reports suggest the governing body is considering a bid from Fulham FC and Jacksonville Jaguars owner Shahid Khan to buy the national stadium.

 

 

The American Billionaire is reported to have tabled an offer of £500m upfront for the 90,000 capacity stadium which is home to The FA and England national team.

 

Khan is thought to be looking at setting up a permanent NFL London franchise and Wembley would be the perfect venue having staged regular season NFL games in recent years.

 

However, The FA is understood to be keen on keeping the rights to Club Wembley, the stadium’s hospitality business, thought to be worth an estimated £300m. 

 

The FA paid £757m to build the new stadium following the demolition of the old Wembley in 2000 and moved its headquarters there from Soho Square. They are expected to pay off the stadium’s remaining debt by 2024 following a refinancing of the debt in 2015.

 

The sale could however, see England’s men’s national team having to play some games, particularly international friendlies, around the country but it is suggested it will still be a home for the team and will also see FA Cup and EFL finals continue to be played there.

 

Image: PA Images