News Formal

NFL finance committee reportedly has reservations about Josh Harris' bid to buy Commanders from Dan Snyder

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The NFL's finance committee took its first detailed look at Josh Harris' bid to buy the Washington Commanders on Wednesday and came away with concerns, the Washington Post reports.

A source told the Post that questions were raised during the meeting about the"unusually large number of limited partners" involved in Harris' tentative bid to purchase the franchise from Dan Snyder. Perno ownership group is allowed to exceed 25 partners. It's unclear if Harris' group approaches or exceeds that number.

The Post cited three sources familiar with the NFL's inner workings that told the paper that the committee's reservations don't mean that the deal will be rejected; but that it is"increasingly unlikely" that franchise owners will be able to approve the deal at their their May 22-23 meeting in Minneapolis as previously hoped. The next scheduled owners meetings are slated for October.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 247. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NFL finance committee has concerns on Josh Harris’s Commanders dealMembers of the NFL’s finance committee raised concerns about Josh Harris’s tentative $6.05 billion deal to purchase the Commanders from Daniel Snyder, slowing momentum of the sale. The eight-owner committee discussed it during a meeting Wednesday.
Source: washingtonpost - 🏆 95. / 72 Read more »