The Football Association has agreed to sell Wembley to Shahid Khan the owner of Fulham
and Jacksonville Jaguars for £600m. The
Pakistani-American businessman has been in talks to buy the national stadium
since April, and an outline deal has now been agreed.
The proposal will now have to be approved by The FA's 10-member board at a
meeting on Thursday. If the board backs Khan's purchase, the deal will be
presented to a meeting of The FA's 127-member council at a meeting next month.
If Khan does buy Wembley, England's home international fixtures will still
be played at the ground, as will cup and play-off finals. The deal would not
affect Craven Cottage's status as Fulham's home ground, nor would it prevent
the club's plans to develop their stadium and training ground from going ahead.
If the sale does happen, the FA will keep their headquarters at Wembley - rent
free - and also keep the Club Wembley hospitality business.
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