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SOLD: St. Louis Rams have a new owner

The team has been purchased by businessman Shahid Khan. Joe Fortenbaugh

Print This February 11, 2010, 08:21 AM EST
7 Comments

The 1-15 St. Louis Rams are headed for new ownership.

Owners Chip Rosenbloom and Lucia Rodriguez “have entered into a signed agreement to sell the team to Shahid Khan,” according to Bernie Miklasz of the St. Louis Post-Dispatch.

NFL owners must approve the sale.

Khan is the 55-year-old president of Flex-N-Gate Corp., which is an auto-parts manufacturer located in Urbana, Illinois. The company reportedly has $2 billion in annual revenue.

As of now, the plan calls for Khan to acquire a 60% ownership stake in the St. Louis Rams, with Stan Kroenke owning the remaining 40%.

The deal is expected to be finalized sometime next month.

Hit me up on Twitter: @JoeFortenbaugh

Comments

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Salas
Feb 11, 2010
12:08 PM

Shahid refers to someone that dies in battle in the Islamic context.


Where did the NFL come up with this clown?

Salas
Feb 11, 2010
12:08 PM

Shahid refers to someone that dies in battle in the Islamic context.


Where did the NFL come up with this clown?

Ed
Feb 11, 2010
01:31 PM

What do you know about Khan Salas?? Why do you call him a clown? Do you know anything about him? Please share it, or quit making dumbass statements about someone you know nothing about.

Ed
Feb 11, 2010
01:32 PM

What do you know about Khan Salas?? Why do you call him a clown? Do you know anything about him? Please share it, or quit making dumbass statements about someone you know nothing about.

sabir
Feb 12, 2010
05:06 PM

First of all Shahid does not mean someone that dies in a battle.That is Shaheed.You have to know Urdu or Arabic to know the difference between Shahid and Shaheed.It is ignorant people like you that contribute to disinformation and spread all kinds of racist garbage.

nfldraft
Feb 22, 2010
10:27 PM

I am waiting for someone to drop a Wrath of Khan reference.

replica rolex
Jul 21, 2010
01:37 AM

First of all Shahid does not mean someone that dies in a battle.That is Shaheed.You have to know Urdu or Arabic to know the difference between Shahid and Shaheed.It is ignorant people like you that contribute to disinformation and spread all kinds of racist garbage.

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