All Sports WNY has learned that a four member voting trust was created by Ralph Wilson before his passing and that group will ultimately decide who has submitted the winning bid to purchase the Buffalo Bills. The four voting trustees are Mary Wilson, Ralph Wilson’s widow, Jeff Littman, Bills CFO and Treasurer of the Ralph Wilson Equity Fund, Mary Owen, Executive Vice President of Strategic Planning at the Buffalo Bills and Attorney Eugene Driker.
When the final bids are evaluated the new owner must receive at least three of the four votes from the trustees appointed to approve the purchase.
These four individuals, Mary Wilson, Jeff Littman, Mary Owen, who is also Mary Wilson’s niece and Eugene Driker make up the Board for the Ralph Wilson Foundation as well and represent a good cross section of family, football and business from the world of Ralph C. Wilson Jr.
When the time comes to weigh the respective offers the appointed trustees must not only consider the monetary value of the bid, but also the likelihood that the new owner would receive approval by the NFL and the required 24 votes by the NFL owners. The process is expected to be completed by the summer with a vote by the NFL owners possibly coming at their October meetings.
Filed under: Koshinski's Korner