An American-Pakistani millionaire businessman and sports magnate named Shahid Rafiq Khan was born on July 18, 1950.

Owner of the American provider of automotive parts called Flex-N-Gate In addition, Khan and his son, Tony Khan, are co-owners of the American wrestling promotion All Elite Wrestling (AEW), as well as the National Football League (NFL-Jacksonville)’s Jaguars and the Premier League’s Fulham F.C.

How much did Shad Khan buy the Jaguars for?

On November 29, 2011, Khan and Wayne Weaver’s ownership group reached an agreement for Khan to acquire the Jacksonville Jaguars, pending NFL clearance. Later on that day, Weaver declared that he had sold the team to Khan. Other than a verbal pledge to retain the club in Jacksonville, Florida, the specifics of the agreement were not immediately made public.

The Jaguars are solely owned by Khan after he paid Delores and Wayne Weaver and seven other partners $770 million in 2011 to acquire them. The Jaguars were ranked No. 28 among the NFL’s 32 clubs by Forbes in August 2022, with a $3.475 billion valuation, surpassing the Buffalo Bills, Arizona Cardinals, Detroit Lions, and Cincinnati Bengals. According to Forbes, the value represented a 24% rise over the previous year.