The ‘divisive’ proposed sale of Wembley Stadium will not be going forward after Fulham FC owner Shahid Khan withdrew his offer.
The American billionaire had tabled a £600 million bid to take control of the iconic national stadium from the Football Association.
However, FA chief Martin Glenn has confirmed after meetings with Khan the sale will now not be happening.
Glenn said Khan had believed his offer “would be well received by all football stakeholders” but added: “At a recent meeting with Mr Khan he expressed to us that, without stronger support from within the game, his offer is being seen as more divisive than it was anticipated to be and he has decided to withdraw his proposal.
“Wembley Stadium is an iconic venue that is revered around the world and it will continue to thrive under the ownership and direction of the FA.”