The Football Association have been offered an astonishing £800million deal to sell the Wembley Stadium in London.

Pakistani billionaire, Shahid Khan (67), the owner of Fulham Football Club and the NFL’s Jacksonville Jaguars, has reportedly tabled a formal offer.

Khan, who is worth an estimated £5.2billion, is said to be prepared to pay more than £500million in cash and allow the FA to keep the Club Wembley debenture and hospitality business that is valued at a further £300million.

A short tweet sent through its official spokesperson account on Friday read: “We can confirm that The FA has received an offer to buy Wembley Stadium.”

Mark Waller, the NFL executive vice-president of events and international, confirmed that Khan is indeed the man behind the bid and says it is a “powerful sign” of a commitment to growing the sport in the UK.

“We are very happy for Shad Khan and the Jacksonville Jaguars,” he said in a statement.

“The potential purchase of Wembley Stadium is a further powerful sign of their commitment to the UK and their vision to help us grow the sport.

“Having stadium options in London has always been critical to the NFL and, in tandem with our 10-year partnership with Tottenham Hotspur, this new relationship would allow for even greater flexibility in scheduling future NFL games in London.”

England’s National Stadium currently houses Tottenham Hotspur, who are using it temporarily while White Hart Lane undergoes construction.

The Stadium also hosts the national team as well as cup games.