Pegula sells a stake in the Bills according to the Sports Business Journal

[Mango]

God, I wish he’d sell the Sabres. 

[Since1981]

1 hour ago, HurlyBurly51 said:

With the stadium overrun costs, he might open it up even a little further.

Pegs has so much cash. It’s hard to grasp $7B wealth. Each of your kids get $1B. Lordy that goes a long way for great grandkids. 4% interest alone nets $40M/yr on $1B per kid

Edited 2 hours ago by Since1981

[Saxum]

3 minutes ago, Mike in Horseheads said:

Pegula's retain 90% of the team, the other 10% group really has no say in the operation of the franchise just looking to make money.  I have no problem with who ever owns that small share

 

It depends on whatever other agreements they made as part of buying shares.  They could become Jerry Jones with significant influence in Bills.

[SoonerBillsFan]

He is using this money to cover the cust overruns.  

[Mike in Horseheads]

2 minutes ago, Saxum said:

 

It depends on whatever other agreements they made as part of buying shares.  They could become Jerry Jones with significant influence in Bills.

spare me, its not a publicly traded stock where they all can get together and make a move to acquire a voting majority of the company.  That 500m (est) is paying the stadium cost overruns for Pegula and make money for them.  nothing to see here folks

[Saxum]

1 minute ago, Mike in Horseheads said:

spare me, its not a publicly traded stock where they all can get together and make a move to acquire a voting majority of the company.  That 500m (est) is paying the stadium cost overruns for Pegula and make money for them.  nothing to see here folks

 

Put me on ignore spare seeing it.  Will bring it up again in other threads although others may quote.