Showing posts with label Donald Trump. Show all posts
Showing posts with label Donald Trump. Show all posts

Thursday, August 21, 2014

Wilson Family Gets 3 Bids Under $900M

((HT: WGRZ-TV))

It looks like the Buffalo Bills might be Terry Pegula's to lose...

After the review of a few of the opposing bids for the franchise, all three of them were under a billion dollars- and the Bon Jovi bid is on, according to the Toronto Sun, "life support..."

Pegula's bid is listed, by Forbes Magazine, at $890-million. The Bon Jovi/Toronto bid is $820-million, and Donald Trump's is listed only at $809-million. Tom Golisano is thinking about submitting a bid, but it will be up to the Ralph Wilson Trust as to whether or not they will accept any bids.

Here's the latest on the sale

The final bids are set for the next two weeks...

Until the deadline is shifted again...

Thursday, August 7, 2014

Donald Trump First Up For Bills Bid Discussions

((HT: WGRZ-TV))

The bidding process is now moving to the meet-and-greet phase for the groups that want to have the Buffalo Bills as a part of the corporate portfolio.

There are concerns that both the Trump and Bon Jovi groups may have violated the rules in negotiations by going public in disclosing the bid numbers publicly.

Trump's first bid was in the neighborhood of a billion dollars- and, according to Al Michaels, is all cash
The Bon Jovi/Toronto bid was a little north of that and they may not be able to go any higher
Terry Pegula is rumored to be in the neighborhood of $1.3-billion and he could go higher if he thinks he needs to

And, now, it appears Tom Golisano may add his name to the pile after all

Here's the latest out of Buffalo

We're just getting started and don't be surprised if another name is added to the mix for the purchase before we're done.

Wednesday, July 30, 2014

Three Bidders Meet First Bills Deadline

((HT: WGRZ-TV))

However, former Buffalo Sabres owner Tom Golisano didn't meet the first deadline. He still could throw his name into the hat if the trust overseeing the estate of Ralph Wilson extends the deadline.

The three are:

Donald Trump

Jon Bon Jovi in concert (pun unintentional) with Ed Rogers of Rogers Communications and Larry Tanenbaum of MLSE- they would keep the team in western New York, but obviously, would want games at SkyDome

Terry Pegula- current owner of the Sabres

Here's a look at the Pegula bid
John Kryk of the Toronto Sun has a look at those who came close, but didn't do anything by yesterday's deadline: "...bond investor Jeffrey Gundlach explored placing a bid, as had C. Dean Metropoulos, owner of the Pabst brewing company. And Western New York developer Scott Congel had mulled bidding either alone or with someone else, merely to aid his objective to build a new Bills stadium as part of an immense, multi-pronged redevelopment of a large property his family controls in West Seneca, just south of Buffalo."
Look for the trust overseers to start vetting the ownership groups over the next week or so.

Tuesday, April 15, 2014

Trump Still Serious About Bills Investment

((HT: WIVB-TV))

And Donald Trump has even said that he will divest himself of his casino interests if he is considered to be a substantial partner or principal owner of the Buffalo Bills.

Trump claims that the Bills are vital to the fabric to western New York and he would keep them there.

Here's a peek at how serious he may be... despite the appropriate skepticism


And here...
((HT: WGRZ-TV))

A Trump attorney has said that, even with a twelve-figure pricetag, the Donald could afford it...

That would be an interesting divestiture...