The Political Economy of Football V2

The FA are seeking a bigger offer for Wembley than the £600m bid made by Fulham owner Shahid Khan: Sale opened up Three other potential bidders are understood to be in the frame. The FA will insist on a 'golden share' arrangement that would prevent a resale to an unsuitable owner.

Chelsea have been warned that they may need to accept a reduced capacity of 51,000 at Wembley during their exile from Stamford Bridge if the national stadium is bought by Fulham owner Shahid Khan. Khan has plans to significantly increase the number of events held at the stadium. Under an agreement with Brent Council, Wembley is permitted to stage 22 sporting events and 15 non-sporting events with a full 90,000 capacity each year. The FA originally applied for 31 full capacity events which would have covered all Tottenham's matches, but on receiving indications that such an application would be problematic. They then reduced the application to 22 matches and closed the upper tier for Tottenham's domestic cup matches.

Billionaire owner of Fulham Football Club Shahid Khan has made what is effectively a £900m bid for Wembley Stadium which is to become a home for both British and American football. The 'Tash with the Cash' as he is nicknamed made his fortune selling car parts in the United States and also owns the Jacksonville Jaguars NFL team. Who will benefit from the deal? The Football Association will have £500m up front and will also receive some £400m in income from the rights to Club Wembley over the next six years. The £58m it raised from this source in 2016/17 just about covers the stadium operating costs. It will also save substantial investments over the next few years which Mr Kahn claims are necessary to 'refresh' the stadium. 'Wembley's new, but it's not that new,' he says. A sum of around £60m is being talked about. The Football Association will be able to use the money to create a special fund to build artificial pitches and other grass roots faci...

Chelsea will have to pay considerably more than the £11m rent that Tottenham Hotspur are paying this season if the club want to move there while Stamford Bridge is being redeveloped. Chelsea will not be moving until 2021, the year in which they were originally planning to open the rebuilt stadium. Twickenham is one option, but rugby bosses have ruled this out in the past, some egg chasers regarding it as sacrilege: Oval balls only The London Stadium is another possibility, but that would mean a ground share with another club.