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Pegula Backs Bills Staying in Buffalo

BUFFALO, N.Y. (AP) - Buffalo Sabres owners Terry and Kim Pegula say they have a strong desire to see the Bills stay in Buffalo, and aren't ruling out making a bid to buy the franchise.
In saying they're following the Bills' sale process, the Pegulas declined to go into further detail of their intentions, in a statement released by the Sabres on Friday.

The full statement reads: “Terry and Kim Pegula have a deep commitment to Buffalo and Western New York.  Their ownership of the Buffalo Sabres and Rochester Americans and the construction of HARBORCENTER are evidence of that fact.  Like everyone else in this community, they have a strong desire to have the Buffalo Bills remain a centerpiece of this region.  Accordingly, they have been following the developments involving the sale of the Bills.  However, out of respect for the process being conducted by representatives of the Wilson Estate and the Bills, they will not be making any additional comments about the sale process.”
The statement was released a day after a person familiar with the sale process told The Associated Press the Pegulas were among prospective buyers who received a non-disclosure agreement and background on the Bills from a law firm representing late owner Ralph Wilson's estate.
Filling out the non-disclosure agreement is the next step in providing interested groups full access to the Bills' financial data in order to begin formulating bids.

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Topics : Business_Finance
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Locations : BuffaloNew York
People : Kim PegulaRalph WilsonTerry Pegula
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