Fulham owner Shahid Khan 'agrees £600m deal' for Wembley ahead of FA meeting

Wembley’s potential sale to Shahid Khan has taken a step closer to completion after the Fulham and Jacksonville Jaguars owner reportedly agreed terms with the Football Association.

The deal, believed to be £600million, has brought an end to talks which the Pakistani-born American billionaire opened in April.

And, according to the Financial Times, the 68-year-old’s ambitious move to buy England’s national stadium is edging closer to completion.

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The FA board will meet on Thursday to decide whether to approve the deal or not.

The offer on the table from Khan has a number of clauses included to protect some of football’s traditions, with agreements to allow major international and domestic matches at the ground.

There are also clauses which will prevent a sponsor gaining naming rights over the stadium as well as a ‘buy back’ clause which will take effect if Khan is convicted of crime or arrested.

If approved, and a unanimous vote is required, the FA council would need to then sign off on the deal.

Whether that particular approval goes through is up for debate, with the proposed sale to Khan dividing opinion amongst fans and pundits alike.

Former Manchester United defender – and Sky Sports pundit – Gary Neville has been one of the most vocal dissenters.

Speaking to the Digital, Culture, Media and Sport (DCMS) parliamentary hearing on the potential deal in July, the former England man said: “The FA feels to fund the grassroots programme, they have to sell a national asset – it’s quite simply ridiculous.

“This is a nonsense.”