A bidding war – and tug of war – over a quick Bills sale?

[Fletch]

A bidding war – and tug of war – over a quick Bills sale?

http://www.buffalonews.com/sports/bills-nfl/a-bidding-war-x2013-and-tug-of-war-x2013-over-a-quick-bills-sale-20140803

Excerpts:
On top of that, other bids already could have been submitted, or may still be coming, from prospective owners who are respecting the NFL’s penchant for secrecy.
“I didn’t believe it when I first saw there were only three, and I still don’t believe it,” Ganis said. “I’ve heard nothing that would cause me to believe or rely on that number.”


“As they go through the process, the prices can go up or down from the indicative bids,” as more due diligence takes place, Ganis said. “Then the finalists will meet with management, and people can get more excited or less excited.”


Other than that just more uncertainty. It seems that much of what we think are facts here are simply rumors. All the cards in this are being held very closely to the trust's vest.

It should make us wonder where these numbers are coming from if they're not accurate, lile the $1.3B by Pegula for example, or the notion that only three parties have submitted bids. They all seem to be coming from opinion piece articles but nothing ever quotes anyone involved in the trust.

Also, this;

That’s because the NFL, while possibly aiming to approve a sale at the October ownership meetings, may not be in as big a rush to complete the deal as the Wilson trust is. NFL experts said the league’s vetting and approval process for the new owner could drag on for weeks or months.

The whole thing is pretty frustrating.

[WagonCircler]

Re: A bidding war – and tug of war – over a quick Bills sale?

Hey, Felch, look at this! This is from the TORONTO Sun.

Pessimism drapes the Toronto group bidding on the Buffalo Bills, QMI Agency has learned.
Since discovering late last week where their first bid stands against that of multi-billionaire Terry Pegula's, parties within the Toronto group realize their chances of winning are "slim," a source said.
The group comprises rocker Jon Bon Jovi, Maple Leaf Sports & Entertainment chairman Larry Tanenbaum and the Rogers family (whose trust runs Rogers Communications Inc.).
Their desperate predicament might explain why Bon Jovi released an open letter on the weekend to Bills fans via the Buffalo News, trying (poorly) to convince people on that side of the Niagara River that the group is sincere in its newfound intention to keep the team over there.
The belief inside the Toronto group, and by many in the financial community, is that Pegula -- the cash-flush multi-billionaire who owns the NHL's Buffalo Sabres -- is probably uncatchable by the Toronto trio. If not by all other bidders.
The source said Pegula submitted a daunting (albeit non-binding) first bid last Tuesday, perhaps as much as $400 million more than the Toronto group's. If true, that's a massive difference.
A different source on Thursday told QMI Agency the Toronto group's first bid was surprisingly low -- appreciably below $1 billion.
All this jibes with what QMI Agency reported Wednesday: that the Toronto group cannot ultimately bid as high as the $1.3 billion Pegula is reported to have submitted in Tuesday's first round.

More...

http://m.torontosun.com/2014/08/03/bon-jovi-committed-to-keeping-bills-in-buffalo

[Fletch]

Re: A bidding war – and tug of war – over a quick Bills sale?

The belief inside the Toronto group, and by many in the financial community, is that Pegula -- the cash-flush multi-billionaire who owns the NHL's Buffalo Sabres -- is probably uncatchable by the Toronto trio. If not by all other bidders.

The source said Pegula submitted a daunting (albeit non-binding) first bid last Tuesday, perhaps as much as $400 million more than the Toronto group's. If true, that's a massive difference.
A different source on Thursday told QMI Agency the Toronto group's first bid was surprisingly low -- appreciably below $1 billion.

This is all good news ..., oh wait, it's all good rumors. Team/trust sources have already told us that none of the figures we're hearing have been accurate and they did not provide info on which way they were off. Why would Kryk know?

All you do is make the point that I've been trying to make here. We do not know. All we have is speculation at this point. The info has not been released other than some things like Pegula sold land to have more than enough to buy the team.

Right now if things are really as being reported I don't think there's much question that Pegula gets the team.

But until we hear that he's the high bidder, and that he's committed to building a stadium in Buffalo or WNY, please pardon me while I'm not 100% convinced that what we're hoping for will happen.

Is that OK with you? Is it OK if I don't insist that the team has been purchased by Pegula and that the team will stay past 2020 and a new stadium will be built with his own money until he wins the bid and HE says it publicly?

Or do you have a problem with that?

I realize that there's not much reason to think that the worst case will befall our beloved Bills, not like that ever happens or anything. I mean it's not like we've been told for years that the team is improving but that we haven't even achieved a relatively simple task like winning 8 of 16 games even once over the last 9 seasons, on the cusp of 10, or that we haven't made the playoffs in this millenium, or that we haven't won a playoff game since '95, ...

Oh, wait ...

Sorry about that, I'm wrong on those things.

Otherwise, can't you just take an article link at face value?

I can post that the sky's blue and someone will post a link to something and tell me I want the team to move.

[better days]

Re: A bidding war – and tug of war – over a quick Bills sale?

Well, Al Michals reported Donald Trump told him that he made a $1 Billion CASH offer for the Bills.

That is not a rumor, that is a fact.

And there have been no rumors or speculation that Trump was the high bidder.

[WagonCircler]

Re: A bidding war – and tug of war – over a quick Bills sale?

We do not know. All we have is speculation at this point..

You are absolutely obsessed, and your posts are a lame, tired NUISANCE.

You are a troll. Period.

Give it up. We get it. You're DYING for he Bills to move, and you have a desperate, insane panic attack at the thought that they're not going anywhere.

Just STFU already.

[Skooby]

Re: A bidding war – and tug of war – over a quick Bills sale?

I don't believe anything but the guy who just cashed almost $2 Billion wants to buy the team, Pegula being the 600 lbs gorilla in the room. What does the 600 lbs gorilla get ??

[trapezeus]

Re: A bidding war – and tug of war – over a quick Bills sale?

wagon, you got to just ignore. he won't play when no one responds.

[Yasgur's Farm]

Re: A bidding war – and tug of war – over a quick Bills sale?

I don't believe anything but the guy who just cashed almost $2 Billion wants to buy the team, Pegula being the 600 lbs gorilla in the room. What does the 600 lbs gorilla get ??

He gets to ride the pink elephant in the room!

[WagonCircler]

Re: A bidding war – and tug of war – over a quick Bills sale?

What does the 600 lbs gorilla get ??

Whatever he damn well pleases.

[Fletch]

Re: A bidding war – and tug of war – over a quick Bills sale?

You are absolutely obsessed, and your posts are a lame, tired NUISANCE.

You are a troll. Period.

Give it up. We get it. You're DYING for he Bills to move, and you have a desperate, insane panic attack at the thought that they're not going anywhere.

Just STFU already.

I respond to posts that others make. What's a nuissance is everyone that disagrees with them all jumping in with childish emotional crap as some sort of counter. After that is you telling me and others what we think.

[Fletch]

Re: A bidding war – and tug of war – over a quick Bills sale?

wagon, you got to just ignore. he won't play when no one responds.

You know, I beg for this from the people that I don't address directly. I'd much rather just have mini-conversations with posters to whom I respond.

You're absolutely right! All it takes is for people like you and him to just ignore me. But you know what, you guys are somewhere between so emotionally childish and mentally unstable, that your insecurities and instabilities just can't handle allowing you to go through and ignore my posts.

Please, ignore them!

[Skooby]

Re: A bidding war – and tug of war – over a quick Bills sale?

You know, I beg for this from the people that I don't address directly. I'd much rather just have mini-conversations with posters to whom I respond.

You're absolutely right! All it takes is for people like you and him to just ignore me. But you know what, you guys are somewhere between so emotionally childish and mentally unstable, that your insecurities and instabilities just can't handle allowing you to go through and ignore my posts.

Please, ignore them!

Talk about projecting, you're calling our starting QB names which makes you look real childish.

[WagonCircler]

Re: A bidding war – and tug of war – over a quick Bills sale?

I respond to posts that others make. What's a nuissance is everyone that disagrees with them all jumping in with childish emotional crap as some sort of counter. After that is you telling me and others what we think.

Bullcrap.

You start thread after nauseating thread with the obvious intention of annoying and provoking people, then you whine like a little ***** when people are annoyed and provoked.

You are the very definition of a troll.

[swiper]

Re: A bidding war – and tug of war – over a quick Bills sale?

Bullcrap.

You start thread after nauseating thread with the obvious intention of annoying and provoking people, then you whine like a little ***** when people are annoyed and provoked.

You are the very definition of a Canadian.

Fixed.

[Fletch]

Re: A bidding war – and tug of war – over a quick Bills sale?

Bullcrap.

You start thread after nauseating thread with the obvious intention of annoying and provoking people, then you whine like a little ***** when people are annoyed and provoked.

You are the very definition of a troll.

I'd argue that you are the definition of a troll, a resident troll.

I posted a piece along with some excerpts that refute many of the assumptions that have been stated here as if they're factual when quite clearly they're not.

You and others take issue with that?

Are people here stupid? Just can't read the multiple sources that refute the very things that they attempt to pass off as known truths at this time? Just lying to stir things up?

What? Which one?

Your issues are not with me, they're with the facts as they are known, or maybe not known right now. I've never seen a bigger bunch of namby pambies all spoutin' off and having tantrums because what they say isn't true and that can be proven.

Trolling is coming here and deceiving or just trying to stir up trouble. I'm hardly doing that although it's easy to see why those that run on their opinions and treat them as facts think that someone simply posting the actual facts that contradict their opinions as such would label others as trolls.