Wembley will be given a major refurbishment if a deal to sell the stadium to billionaire Shahid Khan goes through.
Khan, owner of Championship promotion hopefuls Fulham and NFL side the Jacksonville Jaguars, has made an offer reported to be worth as much as £800million to purchase the national stadium.
The 67-year-old has pledged to allow England to continue using Wembley for home games, but will be making big changes if a sale is agreed with the Football Association (FA).
"It popped into my head a while ago," Khan told The Times of the idea of buying Wembley. "The Jaguars have played there five times now and won the last three so we've been looking for when there will be a time when this would make sense.
"It's been a process. We've had a relationship [with the FA] and as we've seen what our needs are and what their needs are - this was a logical conclusion a month or so ago.
"Wembley's new but it's not that new. There will be some major investments required, it's coming up to that time to upgrade a lot of the amenities, the scoreboard.
"If you look at what we did in Jacksonville those boards were around $60million. We re-did the club lounges for around $20million. We have to keep it fresh, to keep it a venue that people will keep coming to."
Khan said one of the main reasons for his interest is the fact the arena is not associated with one particular club.
"I'll tell you what I like about it. It's non-partisan, it's welcoming, it's accessible, it's a national stadium," he added. "It's a great stadium for sports, not tainted with tribalism or anything like that.
"It's an iconic stadium that secures NFL games in London. The FA can get to its core mission, their mission is not running a stadium, they can take the funds and invest them in English football.
"They keep the valuable part and dispose of the bricks and mortar. We can hopefully have more events there which will be good for the economy there."
|´Fantastic´ Neuer will prove he´s still the best, says Lloris|
|Perez secures Force India stay|
|Australia wait on Khawaja scan|
|Shaw signs Manchester United extension|
|Jones lays down challenge to snubbed England star Cipriani|
|West Ham´s Pellegrini rejects Dzeko speculation|
|Emery fails to assure Ramsey of Arsenal future|
|Pakistan on course for victory after Babar 99 and farcical run out|
|Canelo ready to leave comfort zone to face Fielding|
|Eriksen ready for Tottenham return, Pochettino confirms|
|Titans coach rocked by Hurrell´s Rhinos switch|
|Rubin Kazan suspended from UEFA competition for FFP breach|
|Real Madrid could sack Lopetegui if results don´t improve, says Essien|
|On-court coaching would add to drama - Mouratoglou|
|Babbel lauds ´top class´ Ronaldo after Juventus switch|
|Carmelo Anthony: Rockets bench role challenging mentally|
|Maqsood preferred to Amir in Pakistan T20 squad|
|Make Ramsey Arsenal captain, don´t let him leave – Wilshere|
|Kaneria admits guilt in spot-fixing case|
|No coach can work miracles – Ibrahimovic defends under-fire Mourinho|
|Morgan earns England recall, Cipriani overlooked|
|Reavie leads CJ Cup, solid start from Koepka|
|Juventus kicked me out to sign Ronaldo – Higuain|
|England forward Hughes given six-week ban|
|Injured Halep withdraws from WTA Finals|
|Ronaldo exit makes all the difference for Real Madrid – Luxemburgo|
|Manchester United´s Chelsea Blues and other one-sided rivalries|
|Babbel fears for Kovac´s Bayern future|
|Bradley homers again, Red Sox take 3-1 lead over Astros|
|Ayton, Doncic shine on NBA debuts|
|Leonard focusing on future after Raptors debut|
|MLS Review: Rooney stunner seals DC win, Sounders clinch play-off spot|
|Pochettino ´proud´ of Dier for Ramos tackle|
|Wallabies name three uncapped players for All Blacks clash|
|Lakers coach Walton will monitor LeBron´s minutes, plans to use deep rotation|
|Lloris: United´s Pogba unfairly judged because of transfer fee|
|´Phenomenon´ Mbappe deserves Ballon d´Or, says Buffon|
|Dodgers on cusp of World Series after beating Brewers|
|Mata braced for ´difficult month´ at Man United|
|WATCH: Rooney scores wonderful free-kick for DC United|
|Kaino handed five-week ban for striking Roberts|
|Bears star Khalil Mack ´day-to-day´ with ankle injury|
|Anthony has ´a clearer understanding´ of his role with Rockets|
|Brewers remove Miley after one batter against Dodgers|
|Rams rule out Kupp for 49ers game|
|Giants owner Mara to talk with Beckham Jr|
|Bamberg battle back to claim Champions League win|
|MLB investigated alleged Astros sign stealing, found no wrongdoing|
|Timberwolves star Wiggins to donate $22 for every point this NBA season|
|Red Sox´s Sale won´t start game five of ALCS|
|Tsitsipas and Shapovalov advance at Stockholm Open|
|Witsel to Dortmund is signing of the season - Martinez|
|Pique confident Nadal will play in 2019 Davis Cup|
|Seeds suffer in Moscow and Luxembourg|
|Johnstone grabs hat-trick as England ease past France|
|Pogba and Mourinho disagreement over Instagram video, confirms Pereira|
|Nuggets coach Malone signs contract extension|
|Mayweather accepts Khabib´s challenge: ´We´re fighting´|
|Slovenia sack Kavcic as head coach|
|Morgan and Rashid star as England win rain-reduced ODI in Sri Lanka|
|Romagnoli aims to make Gattuso proud in Milan derby|
|Naldo signs Schalke extension|
|Bills to start quarterback Anderson against Colts with Allen out|
|O´Sullivan makes 147 at ´hellhole´|
|Barcelona know when captain Messi is angry – Abidal|
|Bertens loss hands Pliskova last WTA Finals berth|
|Liverpool star Mane undergoes hand surgery|
|F1 Raceweek: Happy hunting ground for title-chasing Hamilton - US GP in numbers|
|Canelo signs record-breaking DAZN deal|
|England hit by another Vunipola injury absence|