Wembley offer to sell a “game-changer’

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For Alternative ideas to fund the football of a base, such as for example a withdrawal agents fees, are beyond of the Football Association, the organization has told 5 Live.

The FA is currently in negotiations with the owner of the Fulham Football Club and the Jacksonville Jaguars NFL team, Shahid Khan, to sell the home of English football, Wembley Stadium, in a deal estimated at £900 metres.

He said that the money from the sale back into community facilities, but critics argue that there is already enough money in the game to find other ways to fund grassroots football without having to sell the national stadium.

“We are happy to continue to work, it is advantageous for us, we are not in a sales process…, but we feel that we have the obligation to evaluate the offer, which came because we think it could be game-changing for community facilities for football,” Mark Burrows, chief financial officer at the AGO, he said.

“The point in which we are in search of exactly what the terms and conditions of this agreement, would have the appearance of a bit more detail and make sure that we are happy, that may not work for everyone.”

He also said that all the money from the sale of the stadium, about £590m, would go back in a fund to support community football.Funding fears

Mr Burrows added the site wasn’t “officially for sale”, but “had a fiduciary duty” to look at the potential deal.

However, the Burnley FC owner and technical director Brendan Flood has said that there were doubts on the fact that the money would have gone to grassroots sport.

“There is a lot of money in the game, and there couldn’t be a better time to revitalize and invigorate you. I think this is an opportunity to do things differently.

“The transfer of responsibility (sports) clubs. Probably direct you better and to achieve economies of scale in terms of management costs,” he suggested.

Meanwhile, the former minister for sport, Richard Caborn said that with investment in local community sport in decline, the Wembley deal “can be a way to” move some of that money.

However, he had concerns about other aspects of the potential deal, saying that it must be absolutely clear that “if you want to sell the family silver … you’ve got to make sure that what he wanted to do was to be the home of English football, and that continues in perpetuity.

“What do you want to be is to become the NFL’s national stadium.”

You can read more about Wake up To Money: the Business of Sport, Radio 5 live, Sunday, August 3, 10 to 11.