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lw789
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Joined: 13 June 2018
Location: Australia
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Posts: 510
Posted: 27 July 2018 at 09:59 | IP Logged Quote lw789

ORCHARD PARK, N.Y. -- The bidding for the Buffalo Bills
is set to begin now that prospective ownership groups are
being contacted by a law firm representing late owner
Ralph Wilsons estate. Two people familiar with the sale
process told The Associated Press on Thursday that
prospective buyers began receiving a seven-page non-
disclosure agreement, and a brief outline of background
material on the Bills franchise and stadium. The
documents were distributed by Proskauer Rose, the legal
firm overseeing the sale. Both people spoke on the
condition of anonymity because the sale process has not
been made public. Real estate mogul Donald Trump released
a statement confirming he has received the documents. NHL
Buffalo Sabres owner Terry Pegula has also received the
documentation, one of the people said. Pegulas entry
marks the first clear signal of his interest in getting
involved in buying the NFL franchise, which is going on
the market after Wilson died in March. The Toronto Sun
first reported on its website Thursday that the
documentation was distributed. A full list of candidates
is unknown. Former Sabres owner Tom Golisano has
expressed interest in buying the Bills. Another
prospective group could include Toronto-based businessmen
Larry Tanenbaum, chairman of Maple Leaf Sports and
Entertainment, and Edward Rogers, deputy chairman of
Rogers Communications. The next step is for prospective
owners to sign the non-disclosure agreement, one of the
people said. That would then provide groups full access
to the Bills financial data in order to begin formulating
bids. The bids will be submitted to Morgan Stanley
financial advisers, a banking firm also hired by Wilsons
estate. Morgan Stanley will be responsible for receiving
the bids and vetting each groups background and finances
before recommending a candidate to the NFL, one of the
people said. The firm has an extensive history in working
with the league, and its oversight in vetting candidates
is expected to speed the sale process. People familiar
with the sale have previously said an ownership candidate
could be identified by the end of July, and the sale
approved by NFL owners as early as the leagues meetings
in October. Pegulas entry into the Bills sale process
doesnt come as a major surprise. He previously said he
wouldnt want to see the Bills relocate outside of western
New York under a new owner. But he had never said whether
he would get involved in a bid to purchase the team.
Pegulas net worth was last estimated by Forbes to be $3.3
billion. Hes from Pennsylvania and made his fortune after
selling many of his natural gas companys assets for $4.7
billion to Royal Dutch Shell in 2010. Pegulas net worth
could rise after his company reached a deal to sell off
75,000 acres of land in Ohio and West Virginia to
Oklahoma-based American Energy Partners last week. Trumps
net worth was last estimated by Forbes to be $3.9
billion, though his advisers have said hes worth far
more. Trump released a statement saying he will make a
decision regarding his interest in buying the team based
on the financial details he receives from Morgan Stanley.
Trump didnt rule out making the bid on his own or part of
what he called, "a syndicate." The Bills sale has raised
concerns that the team could eventually relocate, with
Toronto and Los Angeles considered potential landing
spots. The Bills, however, are essentially tied to
playing at Ralph Wilson Stadium through the 2019 season
under terms of their lease agreement.
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got his turn Sunday. And the lift he brought, combined
with the expected playoff showings from LeBron James and
Dwyane Wade, have the Heat off and running in these
playoffs.As Manchester United bow out of Europe at the
hands of Liverpool, we take a look at four talking points
from Old Trafford. Anthony Martials first-half penalty
put United within a goal of Liverpool on aggregate, but
Philippe Coutinhos superb leveller put Liverpool 3-1
ahead on aggregate.Thats how it ended, and Liverpool are
now in the hat for the quarter-final draw on Friday. Man
Utd 1-1 Liverpool (Agg: 1-3) Liverpool progressed to the
last eight of the Europa League after a 1-1 draw at
rivals Man Utd Exciting youngstersLouis van Gaal opted to
start with Anthony Martial, Marcus Rashford and Jesse
Lingard for Thursdays crunch game, and the three
youngsters looked impressive in a match that had plenty
of attacking intent.They often linked up with some
delightful play, and Frenchman Martial was a menace down
the wing, involved in the majority of the home sides
attacks. Anthony Martial scores from the penalty spot at
Old Trafford With Wayne Rooney out for the next few weeks
and some big games coming up - including Sundays
Manchester derby, live on Sky Sports - Red Devils fans
can take some positives from these three youngsters for
this season and beyond.Solid SakhoNot always one to come
in for praise, Mamadou Sakho was a rock in defence for
Liverpool. He was constantly sniffing out the ball in the
danger areas and made a number of vital blocks from
chances that at times came thick and fast from United.In
total, he made ten clearances in 90 minutes for his side
- the rest of the team 11 between them - and also had the
highest pass completion rate of 89.4% from the starting
side. While Rashford was bright, Sakho was constantly on
his tail and kept him in check during the first half.
Mamadou Sakho was in fine form for Liverpool on Thursday
night He constantly found himself in the right areas, but
needs to find the same consistency on a regular
basis.ddddddddddddKlopp avoids sour Old Trafford
bowJurgen Klopp is the first Liverpool manager since
Graeme Souness in October 1991 to avoid defeat in his
first game at Old Trafford as Reds boss.Roy Evans, Gerard
Houllier, Rafa Benitez, Roy Hodgson, Kenny Dalglish and
Brendan Rodgers all failed before Klopp, whose record
against Louis van Gaal now reads W3, D1, L2. Jurgen Klopp
is the first Liverpool manager since Graeme Souness to
avoid defeat in his first game at Old Trafford as Reds
boss Klopp has now reached the last eight of European
competition as a manager for the third time in four
seasons, and with a favourable draw, this could be
Liverpools best chance of playing Champions League
football next season.A European first for UnitedAnother
unwanted record broken with Uniteds defeat over two legs;
they have now lost their first European tie against
English opposition, having won their previous five.
United have been knocked out of Europe by English
opposition for the first time Famous wins include a 4-1
aggregate semi-final victory over Arsenal on their way to
the Champions League final in 2009, a 3-1 aggregate
quarter-final win over Chelsea in 2011, and the 2008
final victory on penalties over the Blues in
Moscow.Liverpool, meanwhile, have reached the quarter-
final of a European competition for the first time since
2009/10, when they faced Benfica in the Europa League on
their way to the semi-finals. Also See: Man Utd 1-1
Liverpool (Agg: 1-3) As it happened Fourth may not secure
CL spot Europa League news
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