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