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Report: Bills Could Be Sold To A New Owner By The End Of July

 

John Wawrow of the Associate Press reports that the Buffalo Bills could have a new owner identified in the next three months.

Wawrow, citing a person familiar with the sale process, adds that “there is an anticipation that the Bills’ could be sold by July, and the sale approved by NFL owners as early as the league’s meetings in October.”

Wawrow’s source mentioned that “at least” one prospective ownership group has already toured potential locations for a new Bills stadium.

The franchise is still expected to be sold to the highest bidder. Gov. Andrew Cuomo is reportedly working to prevent the team from leaving the area by identifing potential stadium sites, as well as the team’s public financing options that could help with the project.

“The governor wants to be prepared if there are any earlier offers to buy the team,”  Lt. Gov. Robert Duffy said on Friday. “Our team is looking at sites now in Erie County, Buffalo, Niagara County. We’re just being prepared because we don’t know who the next owner will be. We’re not sure what the goals and the objectives of the next ownership team will be.

Former Bills QB Jim Kelly, billionaire Donald Trump, Boston Bruins’ owner Jeremy Jacobs and musician Jon Bon Jovi have all come up as potential owners for the Bills.