Shahid Khan Wants to Marry the NFL and EPL | Power Players

Bloomberg Originals
23 Jul 202424:01

Summary

TLDRThe script explores the ambitious vision of Shahid Khan, owner of the Jacksonville Jaguars and Fulham Football Club, who aims to merge the best of American and English football to create a unified global football community. Khan invests in both teams and their infrastructure, leveraging real estate development to generate revenue beyond match days. His strategy involves cultivating international fan bases, enhancing the game day experience, and fostering a sustainable, community-focused business model that could potentially revolutionize football economics.

Takeaways

  • ๐Ÿˆ The NFL and EPL are both incredibly successful businesses, with the EPL having a massive global audience and the NFL having the most valuable teams in the world.
  • ๐ŸŒ Shahid Khan, owner of the Jacksonville Jaguars and Fulham Football Club, is in a unique position to bridge the gap between American and European football, aiming to create a unified football ecosystem.
  • ๐Ÿ’ฐ Khan is investing heavily in both teams to expand their international reach, facing financial and competitive challenges along the way.
  • ๐ŸŸ๏ธ Craven Cottage, Fulham's home ground, is undergoing renovations and developments to improve the matchday experience and generate year-round revenue.
  • ๐Ÿ  The development around Craven Cottage includes a hotel, high-end restaurants, a health center, and a rooftop pool, aiming to serve the community and attract visitors.
  • ๐Ÿ“ˆ Khan's strategy involves leveraging real estate and commercial developments around sports venues to add value to the franchises, similar to what's seen with the Atlanta Braves and other NFL teams.
  • ๐Ÿค The NFL's revenue sharing model contrasts with the Premier League's system where performance affects revenue through relegation and promotion, making the EPL more volatile for owners.
  • ๐Ÿ“Š The NFL has a global ambition, playing games in London and Germany, and planning further international expansion, while the EPL seeks to grow its US market presence.
  • ๐Ÿ’ช Khan's background in business, starting with cold calling and building an auto parts empire, has equipped him with the skills to tackle challenges in sports ownership.
  • ๐ŸŒ The potential for cross-pollination between football leagues is seen as a way to grow both entities, with the NFL and EPL aiming for significant revenue growth in the coming years.
  • ๐Ÿ—๏ธ In Jacksonville, Khan is planning a 'stadium of the future' and downtown development, showing his commitment to reinvigorate the city center and create a new core for the community.

Q & A

  • What is the unique position that Shahid Khan holds in the football industry?

    -Shahid Khan is the owner of the Jacksonville Jaguars in the NFL and Fulham Football Club in the English Premier League, allowing him to influence and potentially unite two major football empires.

  • What challenges does Shahid Khan face in his endeavor to unite the NFL and EPL?

    -Shahid Khan faces financial and competitive challenges, as well as a learning curve, in his efforts to expand the international reach of both his teams and create a unified football ecosystem.

  • How has Shahid Khan been upgrading Fulham's home pitch at Craven Cottage?

    -Shahid Khan has been mixing modern sports business with centuries of tradition by renovating the home pitch, adding a new grandstand, and creating a premium ecosystem around Craven Cottage, including a rooftop pool.

  • What is the significance of the Riverside Stand at Craven Cottage?

    -The Riverside Stand is a renovated grandstand designed to add seating capacity to Fulham's matches and create a larger walkable, premium ecosystem around Craven Cottage, enhancing the fan experience.

  • How does Shahid Khan plan to leverage the development around Craven Cottage?

    -Shahid Khan aims to generate revenue not just on match days but 365 days a year by creating a community-focused development with a hotel, high-end restaurants, a health center, and a rooftop pool to attract both residents and tourists.

  • What is the impact of relegation on a Premier League team's financial situation?

    -Relegation can significantly reduce a team's ability to earn money in attendance, sponsorship deals, and broadcast revenue, affecting the team's valuation and competitiveness.

  • How does the NFL's revenue sharing model differ from the Premier League's?

    -In the NFL, all 32 teams share revenue regardless of performance, ensuring financial stability. In contrast, the Premier League operates with the threat of relegation, where poor performance can lead to financial repercussions and reduced revenue opportunities.

  • What is Shahid Khan's vision for the future of the Jacksonville Jaguars and Fulham FC?

    -Shahid Khan envisions a virtuous circle where cross-pollination between the NFL and the Premier League benefits both entities, leading to exponential financial growth and a truly international football community.

  • How does Shahid Khan's approach to stadium and neighborhood development reflect his business philosophy?

    -Shahid Khan's approach involves creating self-sustaining, community-focused developments that serve both the local residents and the broader fan base, while also generating revenue on non-match days.

  • What is the potential impact of the World Cup coming to the US in 2026 on Shahid Khan's football ventures?

    -The World Cup in the US in 2026 could provide a massive opportunity for Shahid Khan to expand his fan base and further internationalize both the Jacksonville Jaguars and Fulham FC.

  • How does Shahid Khan's strategy for Fulham FC differ from traditional English football club ownership?

    -Shahid Khan's strategy focuses on commercial development and leveraging real estate opportunities around the stadium, as opposed to the more traditional focus on football performance and community pride.

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Related Tags
Football BusinessGlobal ExpansionShahid KhanEPL OwnerNFL TeamsInternational ReachStadium DevelopmentCommunity ImpactSports InnovationCross-Pollination