PITTSFORD, N.Y. (AP MODIFIED) — A person familiar with the Buffalo Bills sale timetable confirmed with News 4 sports Lauren Brill that the process is entering the final stage with prospective buyers asked to submit formal bids in about two weeks.
The person spoke on the condition of anonymity because the sale is being conducted privately. A source told the AP that the timetable has been pushed back to after Labor Day because the banking firm overseeing the sale extended a deadline last month in an attempt to increase the number of prospective bidders.
According to the AP a new owner is still expected to be identified by October, but it’s not certain whether it will be in time to be approved by NFL owners at league meetings in early October.
The Bills are for sale after owner Ralph Wilson died in March.