The official statements from the Jacksonville Jaguars:

SHAHID KHAN:

"I am honored to have recently signed an agreement with Wayne Weaver and his partners to purchase the Jacksonville Jaguars. I have known Wayne for some time and have long admired his spirit, which nearly 20 years ago -- against all odds -- helped make the Jaguars and the National Football League a reality for Jacksonville and North Florida. Wayne’s legacy will be lasting, and I will always be grateful for Wayne’s trust and confidence in my commitment to the Jaguars, the NFL and the people of the Jacksonville community.

"Owning a team in the National Football League has long been my personal and professional goal. Becoming the owner of the Jacksonville Jaguars would be a dream come true for me and my family but, above all, would be a privilege. To that end, I would like to thank Commissioner Roger Goodell and members of his team for their counsel and guidance throughout my efforts over the past several years.

"I am now looking forward to the review process in accordance with league policy. If the proposed transaction is approved in the weeks ahead, I will responsibly and enthusiastically serve the NFL, the Jacksonville Jaguars and their great fans, and I will be fully committed to delivering Jacksonville its first Super Bowl championship. This is a franchise with tons of potential, playing in a community that is passionate about football and loves to win. I can’t think of a better place to be."

WAYNE WEAVER:

"Shahid Khan is a great American success story and he will be an outstanding owner for this franchise and for this community. I am excited for the team and for our great fans because Shahid will bring passion and commitment to the job. He is committed to restoring a winning tradition here in Jacksonville."