Bills Eye Sale Of Minority Stake In Franchise

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Bills Eye Sale Of Minority Stake In Franchise 

Post#1 » by RealGM Wiretap » Mon Apr 22, 2024 12:34 pm

Buffalo Bills owner Terry Pegula is looking into the potential sale of a minority interest in the team, while emphasizing that no new investment would involve changing the Pegula family\'s controlling interest.

\"The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills,\" the team said in a statement. \"These discussions only involve the Bills and no other team. No investment would be possible without Terry Pegula and the Pegula family maintaining a controlling interest in the team.

\"Their continued commitment to Western New York, the new Highmark Stadium, our fans, and the other teams in their portfolio remains unchanged. Neither the team nor the Pegula family are able to comment further at this point.\"

Via Alaina Getzenberg/ESPN

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