Bills minority ownership stake a positive [Video]

Buffalo, N.Y. (WBEN) – Back in April, it was revealed that Buffalo Bills owner Terry Pegula was exploring the potential sale of a minority, non-controlling stake in the team with the help of the investment firm Allen & Company.

Tim Graham of The Athletic reported the working figure of the minority stake was 25%, but that number was not set in stone at the time.

A little more than four months later, a report in the Sports Business Journal said the NFL will try to ensure the sale of a minority portion of the Bills in a private equity deal before the end of the year. NFL commissioner Roger Goodell called a special owners meeting last week to outline the league’s desire to resolve any team minority stake sales to private equity funds before 2024 comes to a close.

The NFL will next hold a special owners meeting on Tuesday, Aug. 27 to discuss this deal and several similar …