With bids due Sept. 9, new Bills owner unlikely by October

Steelers receiver Darrius Heyward-Bey (centre) is tackled after catching a pass by Bills inside...

Steelers receiver Darrius Heyward-Bey (centre) is tackled after catching a pass by Bills inside linebacker Preston Brown (52) and cornerback Ron Brooks (right) during NFL pre-season action in Pittsburgh on Aug. 16, 2014. (Charles LeClaire/USA TODAY Sports)

JOHN KRYK, QMI Agency

, Last Updated: 8:40 PM ET

Binding, definitive bids for the Buffalo Bills are not due until Sept. 9, QMI Agency has learned.

Barring shortcuts, that leaves only a week -- if the intention is to have Wilson's successor approved at the next NFL owners meeting -- for the trust of founding team owner Ralph Wilson to select a preferred buyer, negotiate a sale price and hammer out a purchase agreement.

That's because Sept. 9 is only eight days before the NFL's finance committee is scheduled to meet for the last time in advance of the fall owners meeting, Oct. 7-8 in Manhattan.

If the finance committee cannot review and approve a presumptive new Bills owner at that meeting, believed to be on Sept. 17, then a vote cannot go before owners for final approval at their meeting three weeks later, per usual NFL procedures.


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