Bills on verge of naming financial, legal firms that will handle team's sale
ATLANTA -- Buffalo Bills suitors will be able to make bids to buy the team rather soon.
Bills President and CEO Russ Brandon today gave some updates on the sale process while taking a break from the NFL's annual spring meeting at the Ritz-Carlton Buckhead.
The Bills are close to naming the investment bank and legal firm that will handle the sale and make a recommendation to the trust that has been overseeing the club since Ralph Wilson's death in March.
"By the end of the month," Brandon said of selecting the bank. He later added it could happen within the next few days.
"We are closing in on it," Brandon said.
Until the investment bank and legal firm are finalized, Brandon has been the point man for all interested parties to communicate with.
"The interest, from my point of view, is high," Brandon said of potential buyers. "We will go through that process with the investment bank and transaction counsel when that's secured.
"There's been a lot of support and interest. But that's really the job of the investment bank, to vet those candidates and to see who's viable and who is not."
The Bills are represented at the NFL spring meeting by Brandon, executive vice president of strategic planning Mary Owen and CFO Jeffrey Littmann.