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NFL Owner Approve Sale of Jacksonville Jaguars to Shahid Khan

December 14th, 2011 at 5:41 PM
By Brendan Sonnone

Shahid Khan has been approved to be owner the Jacksonville Jaguars.

Former owner Wayne Weaver sold the franchise to Khan, a Pakistani-born business man, Wednesday in Irving, Texas at an NFL team owners meeting for $760 million.

The Jaguars had been owned by Weaver since 1993, when he was instrumental in brining the start-up franchise to the city. 

Kahn, according to First Coast News, said that he is looking forward to "finishing the job of bringing a championship to Jacksonville."

"All the building blocks are there to have a winner on the field," he said. 

Kahn will officially be the team's owner on Jan. 4, 2012. He had previously been interested in purchasing the St. Louis Rams in 2010. 

 

Tags: Football, Jacksonville, Jacksonville Jaguars, NFL, Shahid Khan, Wayne Weaver

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