Wembley Stadium May Ban Gambling Sponsors

A potential sale of the legendary Wembley Stadium could see a ban on gambling sponsorships put in place, with the government making plans to cut out the deals should a sale go through.

Billionaire Shahid Khan offered to purchase the stadium for £600 million, which would put another viable property under his control. Khan has interest in sports around the globe, as he owns the NFL's Jacksonville Jaguars as well as Premier League football club Fulham. Part of the appeal in purchasing the stadium would be the ability to sell naming rights, but those rights likely wouldn't be available until 2057.

The UK government is looking to make sure that gambling companies don't get in on the action, and are placing a restriction on allowing gambling sponorships for the site. The site is heavily tied to the England Football Association, which plays its major matches on the site.

Wembley Stadium originally was founded in 1923 and operated until 2000 when it shut down and was demolished. The new Wembley opened in 2007 and has become a key spot for hosting sporting events and concerts.

We'll be following the story and letting readers know as more developments regarding the purchasing of the stadium.