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Wednesday 7 May 2014

Donald Trump And Jon Bon Jovi Mentioned As Buyers For Buffalo Bills

April 9, 2014. Recording artist Jon Bon Jovi , right , and his wife Dorothea Hurley attends the Food Bank for New York Awards Gala Charity do in New York.The Associated Press

Hall of Fame quarterback Jim Kelly is ready to make an offer to buy the Buffalo Bills . Donald Trump is on board, too.

Do not pass by the family of owner Jeremy Jacobs Boston Bruins. E includes the name of New Jersey rocker Jon Bon Jovi for more flavors.




It is not every day - or every year - one NFL franchise goes on the market as the bills are, after the death of owner Ralph Wilson last month.

Wilson wishes to have the team sold instead of being transmitted to his family raise the possibility that the bills are moved from the city that has been his home for over 50 years. Toronto and Los Angeles are the possible landing sites because the owners have the opportunity to earn more money than in Buffalo, the second smallest market in the NFL.

Prospective owners are already lining or at least expressing interest.

Without naming names, the Deputy Erie County Executive Richard Tobe said he has been contacted by a maximum of 10 groups of potential owners, which has said to contact the team.

The Bills were valued by Forbes magazine last year at $ 870 million , but the sale price could go higher, given the number of bidders is expected and the shortage of NFL teams in the market .

The formal bidding process will not begin until the estate of Wilson names a investment banking firm to put an updated value of the franchise and oversee the negotiations.

"We're waiting," Michael Cohen, executive vice president of Trump said this week. “And Mr. Trump is at the top of the list.”

Cohen said Trump, the real estate mogul and reality TV star New York City, has already contacted the NFL, Wilson and several farm owners in the league.
 
"No one is more serious than Donald Trump," Cohen said, reiterating one point Trump did last week in tweets. “Donald Trump has made clear that the Bills will stay in Buffalo.”

Dan Kelly, vice president of Jim Kelly Inc., told The Associated Press last week that his brother will pursue the Bills.
 
"Jim is an active participant in moving forward," Kelly said, noting that his brother will pursue the Bills despite undergoing treatment for a recurrence of breast cancer.

The name of the Jacobs family also continues to appear, according to several people familiar with the process.
 
"He is definitely a player," one person told the AP, speaking on condition of anonymity because Jacobs has not revealed his plans.

Last week, Mr. Jeremy Jacobs issued a statement saying it has no intention of selling the Bruins to purchase the Bills, a move that would be necessary because NFL rules do not allow owners to control major sports franchises different markets. But Jacobs’s statement did not address whether their children could be involved in a group of owners.

Jacobs is from Buffalo, and three children, Jeremy Jr., Lou and Charlie, are the directors of the company based in Buffalo caterer Delaware North. Charlie Jacobs is also a principal of the Bruins.

Then there's Bon Jovi, which is linked to Larry Tanenbaum, a developer based in Toronto and president of Maple Leaf Sports and Entertainment, which controls the Raptors of the NBA and the NHL Maple Leafs.

While Bon Jovi and Tanenbaum have close ties, no formal relationship has been made between the two implies a potential purchase of the bills and their relocation to Toronto.

The representative of Bon Jovi, Ken Sunshine said: “Jon is passionate about owning an NFL team," but steered clear of any mention of the Bills.

There are major obstacles that stand in the way of equipment relocation for the duration of the lease of 10 years who came to the state and county in December 2012.

The Bills could incur a fine of $ 400 million, including addressing the prospect of moving during the term of the concession. There is one exception that would allow the Bills to break the lease for a little less than $ 28400000 in July 2020.

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