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Bills to Toronto Concerns Raised by Documents



(AP)  A Buffalo Bills fan group uncovered documents that suggest a Toronto-based prospective ownership group has plans to relocate the franchise north of the border.

In a release issued Thursday, the Buffalo Fan Alliance identified several announcements referring to Rogers Communications consultant, Roger Rai, as part of the ownership group "attempting to acquire and move the Buffalo Bills to Toronto."

"What makes this disclosure even more interesting is that this was not the only time that this representation was made. In fact, in a public filing listed on Canada’s System for Electronic Document Analysis and Retrieval [SEDAR], the system for disclosing documents for public companies and investment funds in Canada, this same representation about the group’s intention to move the team to Toronto was again made in the context of a public disclosure involving Rai. "    
           - Buffalo Fan Alliance

Rai told The AP on Wednesday he's not involved with the group's ownership bid. He added the references connecting him to the proposed Bills' purchase were "a mistake on my behalf," and the result of a misinterpretation made by a co-worker who wrote the biography.

The alliance, made up of fans, former Bills players and business leaders, said the references made in the documents "would seem to cast further doubt on the credibility" of the Toronto group's assurances to keep the Bills in Buffalo.

 Roger Rai is an official with Keek Inc. 

In a news release describing that company's pending deal with Primary Petroleum Providers, the company provided a biography  that included an offhand mention of Rogers Communications's bid for the Buffalo Bills.

Here's what it said:

Rajiv (Roger) Rai (44) - Vice President, Business Development

Roger Rai is currently the Vice President, Business Development, Keek Inc. and was employee #4 at Keek in 2010. Roger also works with the owner/controlling shareholder of Rogers Communications Inc. In this role Roger oversees and advises on many corporate issues which range from operational to Board and corporate governance affairs. In addition Roger assists in the sports ownership affairs of Rogers Communications and was responsible for the acquisition of the Toronto Blue Jays and is part of the ownership group attempting to acquire and move the Buffalo Bills to Toronto.

(emphasis added)

READ THE ENTIRE DOCUMENT HERE

The same language also appears on an Ontario Govenrment stock filing HERE  (See Page 75)

 

Rogers is part of a Bills' prospective ownership group that includes rocker Jon Bon Jovi and Larry Tanenbaum, chairman of Maple Leaf Sports and Entertainment.

The Associated Press has verified the documents exist.

One of the references to Rai was included in an announcement issued in July by Marketwired, a Toronto-based press release distribution company. Another was included in Rai's biography published in a public filing in January announcing a special meeting to approve Primary Petroleum's merger with Keek Inc.

Rai is listed as Keek's vice president of business development. The announcements also to refer to Rai as someone who "assists in sports ownership affairs of Rogers Communications and was responsible for the acquisition of the Toronto Blue Jays," which the company purchased in 2000.

Rai said he first became aware of the error when the reference was published in a release on July 8 announcing his appointment to Pinetree Capital's board of directors. A day later, Marketwired issued an updated release removing any mention of Rai's ties to Rogers, except that he held various managerial positions at the company.

The Bills are on the market after Hall of Fame owner Ralph Wilson died in March. And questions of the franchise's long-term future in Buffalo have been an issue throughout the sale process.

Though a lease agreement essentially locks the Bills into playing at Ralph Wilson through the 2019 season, there is a one-year opt-out clause that would allow them to move in 2020.

Last month, Bon Jovi attempted to address questions regarding his ownership plans in a seven-paragraph letter published in The Buffalo News.

He wrote it was his objective "to carry on the legacy of Ralph Wilson and make the Bills successful in Buffalo."

A person familiar with the sale process told The AP that the Toronto group attended a presentation on Tuesday during which Bills officials provided extensive financial and background information on the franchise. A second person said Buffalo Sabres owners Terry and Kim Pegula attended a similar presentation on Wednesday.

The people spoke on the condition of anonymity because the sale is private.

New York real estate mogul Donald Trump also attended a presentation last week.

The presentations are an opportunity for prospective ownership groups to gain information to prepare formal bids, which are expected to be submitted within three weeks.


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