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Full Version: Shad Khan Buying Wembley Stadium
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A London move for a franchise is becoming very real, even if it's not the Jaguars involved.

Rugby League (A great sport that none of you simple-minded yanks, are unlikely to have heard of) currently has the worlds first transatlantic team playing in the English league system, despite their 'home' being in Toronto. Rugby League is such a low budget sport compared to American football, and the Toronto Wolfpack are making it work and having great success. Surely with all the £millions invested in the NFL, this would be pretty easy to operate with relative success...
Khan is about to royally screw whoever the mayor of Jax is in 5 years. He’s going to ask for a new stadium and for the shipyards project to be paid entirely by the city and if they balk...it’s on to London. He has unprecedented leverage.
(04-26-2018, 09:07 AM)SamusAranX Wrote: [ -> ]Actions speak louder than words. Everything Khan has done so far has shown a commitment to Jax and passion for helping the city overall, not just the team. So I’m giving him the benefit of the doubt here. He’s done a complete 180 of Kroenke. As soon as he bought the Rams he refused to work with th city, became a hermit of sorts, and refused to act in good faith. Khan has done nothing of the sort. 

I agree here. Khan has never mislead us and, to my knowledge, has followed through on every promise/commitment he has made to Jacksonville and its fans.

Once he completes the Shipyards project and the area around Everbank/TIAA, he will essentially have rebuilt about, what, 20-25% of Jacksonville proper. The Wembley acquisition can provide a lot of fuel for that endeavor.

It is doubtful, for reasons stated by others, that a franchise will ever completely move to London but...if 8 NFL games/year are played there by different teams, it essentially achieves the same goal so...why not own the stadium?
(04-26-2018, 09:54 AM)knarnn Wrote: [ -> ]Khan is about to royally screw whoever the mayor of Jax is in 5 years. He’s going to ask for a new stadium and for the shipyards project to be paid entirely by the city and if they balk...it’s on to London. He has unprecedented leverage.

Yup.  Or, the London stadium could be a money maker, and Khan can just pay to have built a new state of the art stadium like the ones in Dallas, SF, MN, ATL, and those fancy smancy high rise glass buildings on the shipyards by himself.
Oh boy. This thread is fun.

If we didn't move when we were the laughing stock of the league, we aren't going to move now.

Let Shad make his money.
(04-26-2018, 09:54 AM)knarnn Wrote: [ -> ]Khan is about to royally screw whoever the mayor of Jax is in 5 years. He’s going to ask for a new stadium and for the shipyards project to be paid entirely by the city and if they balk...it’s on to London. He has unprecedented leverage.


C'mon man...
(04-26-2018, 09:54 AM)knarnn Wrote: [ -> ]Khan is about to royally screw the citizens of Jax/U.S. in 5 years. He’s going to ask for a new stadium and for the shipyards project to be paid entirely by the taxpayer and if the city balks...it’s on to London. He has unprecedented leverage.

Fixed your post. It makes me sick how much "assistance" these top dollar owners get from the city, aka the taxpayer. Its been proven that the revenues are never made up off of parking, tourism, etc.Its basically double dipping. Oh well, I am sure he will get everything he asks for in a few years.
If Khan bought Wembley stadium to secure the London market for Jacksonville, how does that work if he isn't going to move the Jaguars there?

If it means that for any NFL game played in London he gets the proceeds, then why would any team agree to play in London if they would surrender their home team gates to a competitor? If the teams that surrender their home game to London decided to play in Tottenham stadium instead, doesn't that defeat the purpose?

Is this a preemptive move in case another team kicks around the idea of moving to London? Seems like the only team in dire need of a stadium at this stage is Buffalo.

Is he putting all of his sports investments into one big "pool," from which the Jaguars draw revenue?

Is this, as some have suggested, a type of leverage plan for a new stadium and Shipyards here?
(04-26-2018, 09:54 AM)knarnn Wrote: [ -> ]Khan is about to royally screw whoever the mayor of Jax is in 5 years. He’s going to ask for a new stadium and for the shipyards project to be paid entirely by the city and if they balk...it’s on to London. He has unprecedented leverage.

Nonsense.
Seems pretty damn cheap for a stadium like Wembley. I doubt that even is enough to buy it. It's just a bid.
(04-26-2018, 09:57 AM)PF* Wrote: [ -> ]
(04-26-2018, 09:07 AM)SamusAranX Wrote: [ -> ]Actions speak louder than words. Everything Khan has done so far has shown a commitment to Jax and passion for helping the city overall, not just the team. So I’m giving him the benefit of the doubt here. He’s done a complete 180 of Kroenke. As soon as he bought the Rams he refused to work with th city, became a hermit of sorts, and refused to act in good faith. Khan has done nothing of the sort. 

I agree here. Khan has never mislead us and, to my knowledge, has followed through on every promise/commitment he has made to Jacksonville and its fans.

Once he completes the Shipyards project and the area around Everbank/TIAA, he will essentially have rebuilt about, what, 20-25% of Jacksonville proper. The Wembley acquisition can provide a lot of fuel for that endeavor.

It is doubtful, for reasons stated by others, that a franchise will ever completely move to London but...if 8 NFL games/year are played there by different teams, it essentially achieves the same goal so...why not own the stadium?

It would be more like 15% of the riverfront area of downtown specifically, but it's a major impact nonetheless. 

I don't get the fear. 

Regarding the timing folks are complaining about:  These deals happen when they happen. You can't always finesse the precise moment the press gets wind of a deal that's been in the works for months on end.
(04-26-2018, 10:06 AM)Bullseye Wrote: [ -> ]If Khan bought Wembley stadium to secure the London market for Jacksonville, how does that work if he isn't going to move the Jaguars there?

If it means that for any NFL game played in London he gets the proceeds, then why would any team agree to play in London if they would surrender their home team gates to a competitor?  If the teams that surrender their home game to London decided to play in Tottenham stadium instead, doesn't that defeat the purpose?

Is this a preemptive move in case another team kicks around the idea of moving to London?  Seems like the only team in dire need of a stadium at this stage is Buffalo.

Is he putting all of his sports investments into one big "pool," from which the Jaguars draw revenue?

Is this, as some have suggested, a type of leverage plan for a new stadium and Shipyards here?

I think it's more a case of if an owner wants to move to London they're going to have to go through Khan and a substantial amount of revenue from those game will flow back into the Jaguars' bank account. Theoretically an relocating team could play in Tottenham's stadium but they'd be second rate tenants having to plan their games around the Spurs' games. Basically he put the NFL in a stranglehold regarding European expansion; no matter what happens going forward, Khan is going to be making money from it.
(04-26-2018, 10:06 AM)Bullseye Wrote: [ -> ]If Khan bought Wembley stadium to secure the London market for Jacksonville, how does that work if he isn't going to move the Jaguars there?

If it means that for any NFL game played in London he gets the proceeds, then why would any team agree to play in London if they would surrender their home team gates to a competitor? If the teams that surrender their home game to London decided to play in Tottenham stadium instead, doesn't that defeat the purpose?

Is this a preemptive move in case another team kicks around the idea of moving to London? Seems like the only team in dire need of a stadium at this stage is Buffalo.

Is he putting all of his sports investments into one big "pool," from which the Jaguars draw revenue?

Is this, as some have suggested, a type of leverage plan for a new stadium and Shipyards here?

Look at the quotes from the NFL. This is the Jaguars buying Wembley. The Jaguars, LLC is a separate financial org from Flex-In-Gate, and different from whatever financial org runs Fulham, and different from the one doing the shipyard (Iguana Investments). So the expenditure comes from Jags, and all the revenue will go to the Jags.
(04-26-2018, 10:08 AM)NYC4jags Wrote: [ -> ]
(04-26-2018, 09:57 AM)PF* Wrote: [ -> ]I agree here. Khan has never mislead us and, to my knowledge, has followed through on every promise/commitment he has made to Jacksonville and its fans.

Once he completes the Shipyards project and the area around Everbank/TIAA, he will essentially have rebuilt about, what, 20-25% of Jacksonville proper. The Wembley acquisition can provide a lot of fuel for that endeavor.

It is doubtful, for reasons stated by others, that a franchise will ever completely move to London but...if 8 NFL games/year are played there by different teams, it essentially achieves the same goal so...why not own the stadium?

It would be more like 15% of the riverfront area of downtown specifically, but it's a major impact nonetheless. 

I don't get the fear. 

Regarding the timing folks are complaining about:  These deals happen when they happen. You can't always finesse the precise moment the press gets wind of a deal that's been in the works for months on end.

So what you're trying to tell me is...

Khan just didn't walk by Wembley yesterday and pull out his checkbook?

And...

You're also telling me it's NOT true that after Khan bought the Jaguars... he closed shop on his Illinois bumper company and moved it to Jacksonville with him?
(04-26-2018, 10:12 AM)DragonFury Wrote: [ -> ]
(04-26-2018, 10:06 AM)Bullseye Wrote: [ -> ]If Khan bought Wembley stadium to secure the London market for Jacksonville, how does that work if he isn't going to move the Jaguars there?

If it means that for any NFL game played in London he gets the proceeds, then why would any team agree to play in London if they would surrender their home team gates to a competitor?  If the teams that surrender their home game to London decided to play in Tottenham stadium instead, doesn't that defeat the purpose?

Is this a preemptive move in case another team kicks around the idea of moving to London?  Seems like the only team in dire need of a stadium at this stage is Buffalo.

Is he putting all of his sports investments into one big "pool," from which the Jaguars draw revenue?

Is this, as some have suggested, a type of leverage plan for a new stadium and Shipyards here?

I think it's more a case of if an owner wants to move to London they're going to have to go through Khan and a substantial amount of revenue from those game will flow back into the Jaguars' bank account. Theoretically an relocating team could play in Tottenham's stadium but they'd be second rate tenants having to plan their games around the Spurs' games. Basically he put the NFL in a stranglehold regarding European expansion; no matter what happens going forward, Khan is going to be making money from it.

Yep. 

I think it's smart. Of course he's perfectly poised if the NFL ever fully branches across the pond, but I think this is more about making moves to solidify his growing sports empire with income streams that go beyond the win/loss column. It's also about establishing himself in a position of power amongst NFL owners and the league's international interests. 
Yes it gives him leverage with the city of Jax on stadium renovation or new construction here. Not necessarily a bad thing IMO.
The NFL very badly wants a team in London and Shad Khan is the change agent they have selected to make this happen. Enjoy the remaining seasons in Jacksonville.
BREAKING NEWS: It's just been reported that immediately upon purchase, Shad Khan intends to move Wembley Stadium to Jacksonville.

In reality, have all you skeptical soothsayers taken into account the absolute nightmare in logistics of keeping a team in London? It also wouldn't be long before the change in time zones would start having effects on the players, the team's win-loss record, and ultimately, team value. An NFL team home ported overseas is not only a bad idea, it borders on financial heresy. 

This is simply an investment scheme which will entice more teams to play in London while also putting money in the pocket of the lowly Jaguars.  The irony is delicious.
(04-26-2018, 10:17 AM)pirkster Wrote: [ -> ]
(04-26-2018, 10:08 AM)NYC4jags Wrote: [ -> ]It would be more like 15% of the riverfront area of downtown specifically, but it's a major impact nonetheless. 

I don't get the fear. 

Regarding the timing folks are complaining about:  These deals happen when they happen. You can't always finesse the precise moment the press gets wind of a deal that's been in the works for months on end.

So what you're trying to tell me is...

Khan just didn't walk by Wembley yesterday and pull out his checkbook?

And...

You're also telling me it's NOT true that after Khan bought the Jaguars... he closed shop on his Illinois bumper company and moved it to Jacksonville with him?

Good point and perspective.
(04-26-2018, 10:20 AM)NYC4jags Wrote: [ -> ]
(04-26-2018, 10:17 AM)pirkster Wrote: [ -> ]So what you're trying to tell me is...

Khan just didn't walk by Wembley yesterday and pull out his checkbook?

And...

You're also telling me it's NOT true that after Khan bought the Jaguars... he closed shop on his Illinois bumper company and moved it to Jacksonville with him?

Good point and perspective.

Quick counterpoint; moving a football team to a stadium you already own with practice facilities in the same city is a heck of a lot easier than moving an entire factory to another city. Especially when the value of the factory isn't related to it's geographical location.
(04-26-2018, 10:06 AM)Bullseye Wrote: [ -> ]If Khan bought Wembley stadium to secure the London market for Jacksonville, how does that work if he isn't going to move the Jaguars there?

If it means that for any NFL game played in London he gets the proceeds, then why would any team agree to play in London if they would surrender their home team gates to a competitor?  If the teams that surrender their home game to London decided to play in Tottenham stadium instead, doesn't that defeat the purpose?

Is this a preemptive move in case another team kicks around the idea of moving to London?  Seems like the only team in dire need of a stadium at this stage is Buffalo.

Is he putting all of his sports investments into one big "pool," from which the Jaguars draw revenue?

Is this, as some have suggested, a type of leverage plan for a new stadium and Shipyards here?

Wembley doesn't have to have anything to do with the Jaguars really.
All sorts of events take place there which is revenue in Khans pocket.
As per other teams playing there, Khan would lease the stadium to the NFL (the home teams would still get their revenue, but instead of the NFL paying so and so to use that stadium, they'd be paying Khan)


It really boils down to the simplest of ideas. Khan invests to make money. He isn't moving the Jaguars. Wembley is just another opportunity for the man to make his pockets fatter.
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