This Wednesday morning, the Commanders announced that they have decided to hire a firm to help them with the potential sale of their team. On Wednesday afternoon, the NFL issued a statement of their own on the situation.
Chief NFL spokesperson, Brian McCarthy stated that, “Any potential transaction would have to be presented to the NFL Finance Committee for review and require an affirmative vote by three quarters of the full membership (24 of 32 teams).” The league is also hoping to address any speculation that Snyder has been nudged towards selling the team, based on the Mary Jo White investigation that occurred.
McCarthy stated that, “Mary Jo White is continuing her review, We have no update on a timeline.” Last week the Commanders outside counsel John Brownlee said during an interview that White has not yet interviewed Snyder.
Due to the potential price of the Commanders and the multi-billionaires who may be attempting to buy it, there will be no problems when it comes to the finance committee. As far as what is required of an owner, cash is the only thing that matters, if they put up the money then they can purchase the team.
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