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Showing posts from April, 2018

Is Selling Wembley Stadium Really Worth it?

Earlier today, reports surfaced stating that Shahid Khan, owner of Championship side Fulham, has made an attempt to buy Wembley Stadium from the FA. Khan, who also owns NFL side Jacksonville Jaguars, reportedly lodged an £800m bid to bring the stadium back into private ownership. Whilst the notion of selling one of the most iconic stadiums in British football to a private company seems like a bad idea (at face value), you have to think about the pros and cons of the potential scenario. The obvious starting point is that Wembley is costing the FA a lot of money, with reports back in January stating that it would take another six years for the FA to completely pay off the £757m it cost to re-build it back in 2007. If you remove that debt, it gives the FA the ability to put much more money into grassroots football, a notion that Khan himself cited as news of his bid came about earlier today. It has also been reported, via the Guardian , that the FA will look to inc...