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Who is Shahid Khan? Fulham and Jacksonville Jaguars owner with $7.2 billion net worth who is set to buy Wembley Stadium

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Shahid Khan is set to buy Wembley Stadium from the Football Association, according to The Sun.

Scroll down to find out all you need to know about the American tycoon…

WHO IS SHAHID KHAN?

Shahid Khan is a 67-year-old business tycoon who is known in England for owning Championship side Fulham since 2013.

Born in Pakistan, Khan moved to the United States at the age of 16 to study at University, and he graduated with a BSc in Industrial Engineering in 1971. A Muslim, he became a US citizen in 1991.

He is married to Ann Carlson Khan, and has two children, Tony and Shanna. He currently lives in Naples, Florida.

WHAT SPORTS TEAMS DOES HE OWN?

Khan has owned Fulham since 2013, when he bought the then-Premier League club from Mohamed Al Fayed for an estimated £150-200 million. The Cottagers were relegated to the Championship at the end of his first season in charge, and they have been in the second division since then.

Khan’s son, Tony, has been Vice Chairman and Director of Football Operations at Fulham since February 2017, having previously advised on football operations.

Khan also owns National Football League team the Jacksonville Jaguars, finalising the 100 per cent purchase in January 2012 for an estimated $760 million.

He first tried to purchase the St. Louis Rams in 2010, but his bid was matched by Stan Kroenke – the major shareholder of Premier League side Arsenal – and Kroenke purchased the Rams outright.

Since taking charge of the Jaguars, Khan has been an integral figure in the promotion of the NFL in England, with the Jaguars making five appearances outside the US – the most of any NFL team.

HOW MUCH IS HE WORTH?

According to Forbes, Khan’s current net worth is $7.2 billion (£5.2b). He is the 217th richest person in the world according to the 2018 Forbes rich list, and the 73rd richest in the United States.

HOW DID HE MAKE HIS MONEY?

Khan worked for automotive manufacturing company Flex-N-Gate while attending University, and he was named their engineering director when he graduated. In 1980 he bought Flex-N-Gate, and his design for a one-piece truck bumper was the source of his success.

His company supplied bumpers for the ‘Big Three’ automakers, General Motors, Ford and Fiat Chrysler, and by 1987 Flex-N-Gate were the sole suppliers of bumpers for the entire Toyota line in the United States.

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