Billionaire Shahid Khan pulls out of £600 million Wembley Stadium bid

Credit: PA

The owner of Fulham FC Shahid Khan has withdrawn his offer to buy Wembley Stadium.

The billionaire who also owns the NFL's Jacksonville Jaguars had tabled a bid in the region of £600 million for the national football team's stadium.

However he has now withdrawn the offer after a FA Council meeting last week on the issue.

Shahid Khan already owns Fulham FC and the Jacksonville Jaguars Credit: PA

The US businessman said on Wednesday "there is no definitive mandate to sell Wembley".

He added he was not ruling out revisiting the idea of buying Wembley in the future.