Finalists named in Bills sale, status of Toronto trio up in air

Real estate developer Donald Trump gives a luncheon speech at the National Press Club in Washington...

Real estate developer Donald Trump gives a luncheon speech at the National Press Club in Washington May 27, 2014. (REUTERS/Gary Cameron)

JOHN KRYK, QMI Agency

, Last Updated: 11:37 PM ET

The status of the Toronto group bidding for the Buffalo Bills turned mysterious late Thursday evening.

While evening reports confirmed that multi-billionaires Terry Pegula and Donald Trump have been selected as finalists (see below), indications were unclear regarding where things stand in the bid by rocker Jon Bon Jovi, MLSE chairman Larry Tanenbaum and the Rogers family.

Did they, too, advance to the final round of bidding? Did they back out? Or were they just not selected?

Clarity was not immediately forthcoming.

Finances with the group were known to be an issue. So was their intention previous to the summer to relocate the franchise to Toronto at first opportunity, as reported all spring by QMI Agency.

Sources on Wednesday said that the Toronto group could not ultimately bid as high as the $1.3 billion that Pegula was reported to have submitted in Tuesday's first round.

A source on Thursday said the Toronto group bid surprisingly low.


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