10/22/2018 12:02:29 PM (GMT+3)

Fulham owner Khan withdraws offer to buy Wembley

Fulham owner Khan withdraws offer to buy Wembley

LONDON: Fulham owner Shahid Khan has finally withdrew his offer to buy Wembley Stadium, England's governing Football Association announced on Wednesday.

The FA, Wembley's current owners, had come under fire from many within English football for their plans to sell Wembley despite Khan offering to buy the stadium for £600 million.

"Shahid Khan has informed us today that he will be withdrawing his offer to buy the stadium –- and we fully respect his decision," said FA chief executive Martin Glenn in a statement. "Mr Khan believed that his offer to buy Wembley Stadium would release funds to help improve community football facilities in England and that it would be well received by all football stakeholders."

And while senior FA figures were happy for the sale to go through that lack of support from the wider game appeared crucial to the decision of Khan, who had planned to base the Jacksonville Jaguars, his NFL franchise at Wembley, to pull out.

A BBC report said that Khan wanted "to do right by everyone in a manner that strengthens the English game and brings people together, not divides them".

"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 favoured by the FA chairman to sell Wembley Stadium." said Khan.