American billionaire Shahid Khan withdrew his offer to buy Wembley Stadium from the Football Association on this day in 2018.
The proposed deal was worth £900million and the FA was planning to spend the money on transforming grassroots facilities across the country over the next 20 years but the idea of selling the stadium, which cost £757million to build, proved to be controversial with many in the game.
The owner of Fulham and NFL side the Jacksonville Jaguars felt his offer to buy Wembley proved more divisive than initially anticipated and decided to pull out.
In a statement, FA chief executive Martin Glenn said: “Shahid Khan has informed us today that he will be withdrawing his offer to buy the stadium – and we fully respect his decision.
“At …