Jacksonville Jaguars Khan's first attempt to purchase a
National Football League team came on February 11, 2010, when he entered into an agreement to acquire 60% of the then-
St. Louis Rams from
Chip Rosenbloom and Lucia Rodriguez, subject to approval by other NFL owners. On November 29, 2011, Khan agreed to purchase the
Jacksonville Jaguars from
Wayne Weaver and his ownership group subject to NFL approval. Weaver announced his sale of the team to Khan later that same day. The terms of the deal were not immediately disclosed, other than a verbal commitment to keep the team in
Jacksonville,
Florida. The purchase price was $770 million. The NFL owners unanimously approved the purchase on December 14, 2011. The sale was finalized on January 4, 2012, making Khan the first member of an ethnic minority to own an NFL team. Khan is a board member of the
NFL Foundation. He is one of three NFL team owners born outside of the United States, the other two being
Kim Pegula of the
Buffalo Bills, born in
South Korea, and
Zygi Wilf of the
Minnesota Vikings, born in
Germany.
Fulham F.C. In July 2013, Khan negotiated the purchase of the London
soccer club
Fulham F.C. of the
Premier League from its previous owner,
Mohamed Al Fayed. The deal was finalized on July 12, 2013, with the amount estimated between £150–200 million. An official purchase price for the club was not announced with him stating that it was "highly confidential".
All Elite Wrestling In 2019, it was revealed that Shahid Khan and his son,
Tony Khan, are the lead investors behind the professional wrestling promotion
All Elite Wrestling (AEW). Tony Khan is also the President and CEO of the promotion. On April 24, 2024, Khan made his on-screen debut, coming out to the ring after his son was attacked (as part of a story angle) by
Jack Perry and
The Young Bucks.
Black News Channel Khan was the majority shareholder in
Black News Channel throughout the network's two-year existence. == Personal life ==