US billionaire’s bid for Wembley Stadium faces lawmaker probe

FILE - In this Sunday, Oct. 8, 2017 file photo, Jacksonville Jaguars owner Shahid Khan on the sidelines as the team warms up before of an NFL football game against the Pittsburgh Steelers, in Pittsburgh. The English Football Association received an offer on Thursday April 26, 2018, to buy Wembley Stadium, from Jacksonville Jaguars and Fulham owner Shahid Khan. (AP Photo/Don Wright, File)

LONDON: A bid by the billionaire owner of National Football League’s Jacksonville Jaguars franchise for Wembley Stadium will be scrutinised by a parliamentary committee following a public outcry over the sale.

The offer by Shahid Khan (pic), announced last week, is worth £600mil (US$813mil) to Wembley owner the Football Association, according to Jaguars president Mark Lamping.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , Wembley , sale , football , Jacksonville , Jaguars , Shahid Khan ,


Next In Business News

Jentayu enters JV for RM78mil GDV condo project Premium
Signature to acquire 23.67% stake in Fiamma for RM180mil Premium
SunREIT net property income jumps 77.4% to RM118.92mil Premium
Bursa Malaysia ends higher for third straight day Premium
Aeon Co. posts jump in 1Q net profit to RM28.07mil Premium
Malaysia Smelting Corp's 1Q net profit jumps to RM64.34mil Premium
KPFB, SIAB ink MoU for JV project with GDV of RM389mil Premium
LBS Bina records net profit of RM30.16mil in 1Q Premium
Petronas Chemicals to acquire speciality chemicals firm Perstorp for RM10.5bil Premium
Al Gore's Generation Investment launches US$1.7bil fund Premium

Others Also Read