Pegula family selling portion of Bills ownership stake: Sources


by The Athletic

The Athletic— The Pegulas are putting a chunk of the up for sale. The Bills confirmed to The Athletic that owner Terry Pegula has hired Florida-based investment bankers Allen & Company to handle the potential transaction but declined to say how much of the team is being sold. A source briefed on the discussions said the working figure is 25 percent, with the number not set in stone. Advertisement “The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority...

Buffalo Rumblings—Terry Pegula exploring selling 25% minority-stake ownership in Buffalo Bills, per report. The Buffalo Bills are exploring a potential 25% minority shareholder’s stake in team ownership, per an article by Tim Graham with The Athletic, with the Bills confirming as much is true. With the news still in its infancy, there aren’t a lot of solid, reported details to share at this point. Per Graham’s article, co-owner Terry Pegula “has hired Florida-based investment bankers Allen & Company to handle the potential transactions but declined to say how much of the team is being sold.” Graham...

The Boston Globe—Bills owner Pegula explores selling minority stake in franchise. ORCHARD PARK, N.Y. — Buffalo Bills owners Terry and Kim Pegula are exploring the possibility of selling a non-controlling, minority interest...

WGRZ—Pegula family looking to sell 'non-controlling, minority interest' of the Bills. "The Pegula family has retained Allen & Company to explore the potential sale of a non-controlling, minority interest in the Bills," a team spokesperson said.