Shahid Khan Officially Takes Ownership Of Nfl’S Jaguars

[KalyanK]

[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left]JACKSONVILLE, Fla. (AP)—The [url="http://sports.yahoo.com/nfl/teams/jac/"]Jacksonville Jaguars[/url] have officially transferred ownership from Wayne Weaver to Shahid Khan.[/left][/size][/font][/color]
[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left]The transfer took place Wednesday afternoon, ushering in a new era for the small-market franchise that has been in existence since 1993.[/left][/size][/font][/color]

[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left]Weaver agreed to sell the franchise to Khan on Nov. 29 for $770 million. The deal included a $660 million sale price and $110 million in debt.[/left][/size][/font][/color]
[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left]Weaver says he has “great confidence in Shad and his family that the franchise is in good hands.”[/left][/size][/font][/color]
[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left]Khan, an Illinois businessman who tried to buy the [url="http://sports.yahoo.com/nfl/teams/stl/"]St. Louis Rams[/url] in 2010, began negotiating to buy the Jaguars later that year. He wants to assure fans he “will do everything possible to build a consistent winner on the field and a model franchise off the field.”[/left][/size][/font][/color]

[color=#111111][font=arial, helvetica, clean, sans-serif][size=3][left][url="http://sports.yahoo.com/nfl/news?slug=ap-jaguars-khan"]http://sports.yahoo.com/nfl/news?slug=ap-jaguars-khan[/url][/left][/size][/font][/color]

[bonguking]

theeskunda... pakistan oodu bhyaaa aadu.....

thellolu asallu they rawk.. last few jax games ki crowd wore mustaches

[ladysfinger]

U rock Shahid Khan..

I admire his entrepreneurial skills..

[katharnak]

nice...

[KalyanK]

[img]http://assets.sbnation.com/assets/815486/Shahid_Khan_MNF.jpg[/img]

[chillax]