Wednesday, 30 May 2018

FA says sale of Wembley could pump £1bn into grassroots game

• Stadium sale could mean 10-year bonanza, claims FA
• Martin Glenn says proposed sale is not selling ‘soul of the game’

The Football Association has told its council members that selling Wembley could enable more than £1bn to be spent on community football facilities over 10 years, while having £450m from the sale still untouched in the bank.

The FA chief executive, Martin Glenn, said in a speech to the council that the proposed sale of Wembley for £600m to the Fulham and Jacksonville Jaguars NFL team owner, Shahid Khan, is not selling the “soul of the game” but “an opportunity to unleash an unprecedented amount of investment into community football”.

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from Football | The Guardian https://ift.tt/2IXd7gy

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