John Kryk has been the most consistently accurate reporter throughout the Bills' sale process. This article is basically a five finger death punch to the other bidders, and provides a healthy dose of STFU to those who think that money alone would determine whose bid will be accepted by the trust.
If you need a reason beyond his acres of cash why Terry Pegula has a significant edge over his rival bidders in the Buffalo Bills sale, consider this.
Sun Media has learned that the highest bidder is not necessarily going to get the team.
Binding, definitive offers in the NFL club’s sale were due Monday at 5 p.m. EDT. At least three came in.
Two critical factors beyond money — both long speculated as playing a role — indeed are among the Ralph Wilson trust’s expressed selection criteria. Sun Media has confirmed that “certainty of NFL approval” is one, and the ability to close the deal immediately is the other.
According to a source in the position to know, Morgan Stanley — the Wilson trust’s investment bank conducting the sale — in early July informed prospective bidders who’d signed a non-disclosure agreement that, in selecting finalists, the Wilson trust would place “great weight” on the above two factors.
Those factors remain critical in the selection of a winning bidder, according to two informed sources.
Unlike with his two known rival bidders — Donald Trump and Jon Bon Jovi’s Toronto group — neither factor is believed to be an issue for Pegula.
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Suck it, Felch.
If you need a reason beyond his acres of cash why Terry Pegula has a significant edge over his rival bidders in the Buffalo Bills sale, consider this.
Sun Media has learned that the highest bidder is not necessarily going to get the team.
Binding, definitive offers in the NFL club’s sale were due Monday at 5 p.m. EDT. At least three came in.
Two critical factors beyond money — both long speculated as playing a role — indeed are among the Ralph Wilson trust’s expressed selection criteria. Sun Media has confirmed that “certainty of NFL approval” is one, and the ability to close the deal immediately is the other.
According to a source in the position to know, Morgan Stanley — the Wilson trust’s investment bank conducting the sale — in early July informed prospective bidders who’d signed a non-disclosure agreement that, in selecting finalists, the Wilson trust would place “great weight” on the above two factors.
Those factors remain critical in the selection of a winning bidder, according to two informed sources.
Unlike with his two known rival bidders — Donald Trump and Jon Bon Jovi’s Toronto group — neither factor is believed to be an issue for Pegula.
More...
Suck it, Felch.
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