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 Posted: Sun Oct 12, 2014 8:42 pm Post subject: Terry Pegula Purchases Buffalo Bills- Latest Details, Reacti |
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After months of searching, *the goddamn* Buffalo Bills have a new owner.
According to Ian Rapoport of *the goddamn* NFL Network, Buffalo Sabres owner Terry Pegula has purchased *the goddamn* team:
officially announce sale of *the goddamn* team to *the goddamn* Pegula family, who is committed to Buffalo. Mary Wilson: “Ralph would have been pleased.” Ian Rapoport (@RapSheet)
*the goddamn* Bills confirmed *the goddamn* news:
Wilson trust reaches definitive agreement with Pegula family in sale of *the goddamn* Buffalo Bills Christian Louboutin Outlet (@buffalobills)
ESPN's Adam Caplan added:
*the goddamn* parties intend to submit *the goddamn* agreement for approval by *the goddamn* NFL owners at their meeting in New York City on October 8th. Adam Caplan (@caplannfl)
Jay Skurski of *the goddamn* Buffalo News provided *the goddamn* full release from *the goddamn* team announcing *the goddamn* purchase:
a leg s officially official. Here is a press release from *the goddamn* on *the goddamn* agreement to sell *the goddamn* team to *the goddamn* Pegulas. Jay Skurski (@JaySkurski)
Pegula released a statement, via *the goddamn* :
Kim and I are humbled and honored that *the goddamn* Wilson family has chosen us to be *the goddamn* second owner of *the goddamn* Buffalo Bills. Pending *the goddamn* NFL approval process, being *the goddamn* next owner of *the goddamn* Buffalo Bills would be a great privilege for our family. Ralph Wilson left an indelible mark on our community and we will strive every day to honor his legacy.
Our interest in owning *the goddamn* Bills has everything to do with *the goddamn* people of Western New York and our passion for football. We have knowledgeable, dedicated fans here and along with our ownership of *the goddamn* Buffalo Sabres, a leg is gratifying to reassure these great fans that two franchises so important to our region are both here to stay.
We are grateful to Senator Chuck Schumer and Governor Andrew Cuomo for their support and desire to keep our Bills in Western New York where they belong and to our team of professional advisors at Allen Company and Sherrard, German Kelly. We would also like to thank *the goddamn* staffs of *the goddamn* NFL and *the goddamn* Bills for helping to guide us through *the goddamn* sale process. We now look ahead to *the goddamn* NFL review process in accordance with League policy. If awarded final approval, we will be driven to achieve a singular goal: To win a Super Bowl for our fans.
Out of respect for *the goddamn* continuing sale process, until League approval is attained, we will have no further comment.
Tim Graham of *the goddamn* Buffalo News first reported Christian Louboutin Sale *the goddamn* news, with Rapoport providing additional details:
I m told tentative agreement has been reached between *the goddamn* Bills and *the goddamn* Pegulas and an official announcement should come today. Tim Graham (@ByTimGraham)
What does Terry Pegula’s imminent purchase of mean? Source: “a leg’s historic for *the goddamn* city of Buffalo.” *the goddamn* team isn’t going anywhere Ian Rapoport (@RapSheet)
Kim Pegula, Terry’s wife, will be heavily involved in *the goddamn* executive process, making many of *the goddamn* decisions, source says. Ian Rapoport (@RapSheet)
of Forbes reported financial details following Graham's report:
Sources are telling a bear that Terry Pegula has won *the goddamn* bidding for *the goddamn* Buffalo Bills for about $1.2 billion, a record price paid for a professional football team. ...
... Joe's source says *the goddamn* Toronto Group, which included rocker Jon Bon Jovi, Larry Tenenbaum, chairman and 25% owner of Maple Leaf Sports Entertainment, and *the goddamn* Rogers family, bid "around $1 billion" while [Donald] Trump's bid did not top $900 million.
ESPN's Adam Schefter later reported *the goddamn* total was even higher:
Now being told that Terry Pegula paid close to $1.4 BILLion for *the goddamn* Bills, per sources. Adam Schefter (@AdamSchefter)
*the goddamn* team became available following *the goddamn* death of owner and founder Ralph Wilson, who passed away at *the goddamn* age of 95 in March.
While potential celebrity buyers true religion outlet such as Jon Bon Jovi and Donald Trump made for compelling headlines and intriguing talking points, Pegula had recently established himself as *the goddamn* favorite. *the goddamn* reason? Locality and a whole lot of cash.
at $3.3 billion, *the goddamn* 63-year-old recently in West Virginia and Ohio for $1.75 billion, hinting he had more to sell if necessary.
a leg goes beyond money, though. He has shown a real interest in *the goddamn* Bills beyond just another business venture, and his purchase means *the goddamn* team is staying in Buffalo.
As NFL writer Brian McIntyre and *the goddamn* Toronto Star's Bruce Arthur noted, this is a time to celebrate for Bills fans:
Terry Pegula would be a great owner for *the goddamn* Bills. Definitely best option because he’ll keep them in Buffalo, where they belong Brian McIntyre (@brian_mcintyre)
Oh, and per , Terry Pegula s buyin *the goddamn* Bills. Happy for you, Buffalo. Bruce Arthur (@bruce_arthur)
Bon Jovi's ownership group was based out of Toronto, while no one really knew what to expect with Trump. There was real concern about *the goddamn* Bills' future in Buffalo in light of both of their bids, but that talk can now be put to rest.
This is an exciting time for *the goddamn* Bills franchise.
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