The NFL Finance Committee has unanimously approved the sale of the Jacksonville Jaguars to Shahid Khan, the prospective new owner announced last week, according to the Sports Business Journal.
Khan’s effort to buy a majority stake in the St. Louis Rams two years ago hit a road block when the NFL had concerns about his method of financing the purchase, although minority owner Stan Kroenke ultimately exercised his right to match Khan’s offer, so the issue never had to be resolved.
There were no such hurdles this team, so Khan remains on track to become the Jaguars newest owner.
