Internal emails shown at Donald Trump's civil fraud trial reveal that when he tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running. The internal emails were aired in court on Tuesday. Trump offered $1 billion cash for the Bills but lost out to a $1.
Halloween-themed protesters stand in front of New York Supreme Court, where former President Donald Trump is facing fraud charges, Tuesday, Oct. 31, 2023, in New York. FILE - Donald Trump addresses the Republican Leadership Conference, May 30, 2014, in New Orleans.
is one of the business moves under scrutiny in the trial of a lawsuit brought by New York Attorney General Letitia James. She accuses the ex-president and current Republican 2024 front-runner of deceiving banks, insurers and others by giving them financial statements that massively inflated the values of his assets.
Trump testified in the antitrust case that then-NFL Commissioner Pete Rozelle floated the idea that Trump could own an NFL franchise and urged him not to sue. Trump said Rozelle also unsuccessfully urged him to abandon plans to switch the USFL’s season from spring to fall. The schedule change, which Trump spearheaded, pitted the USFL against the NFL and was widely blamed for the newer league’s demise.
Throughout the sale process, Cohen insisted Trump was serious about his bid and his commitment to keeping the Bills in Buffalo. Cohen disputed reports that Trump didn’t have the financial resources to pull off the deal, claiming his then-boss was worth billions of dollars and pointing to his many properties as proof.
In the early going in May 2014, some Morgan Stanley bankers and an NFL official met to talk about dozens of possible Bills buyers, according to an email shown in court Tuesday. Separately, Cornwell wrote to colleagues in August 2014 that they “still want to keep him around” and said that Trump had asked to be “pre-vetted” privately, so the bank would do so.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Josh Allen Reveals If Buffalo Bills Have Taylor Swift Audible CallBuffalo Bills quarterback Josh Allen was asked about the viral clip of him seemingly calling an audible named after Taylor Swift
Read more »
Leonard Fournette signs with the Buffalo Bills, joins practice squad ahead of game vs. BengalsLeonard Fournette is no longer on the free agent market.
Read more »
Buffalo Bills sign running back Leonard Fournette to their practice squadORCHARD PARK, N.Y. (AP) — The Buffalo Bills replenished their running back depth by signing Leonard Fournette to their practice squad on Tuesday.Fournette, a si
Read more »
As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trialInternal emails shown at Donald Trump's civil fraud trial reveal that when he tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running
Read more »
As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trialInternal emails shown at Donald Trump's civil fraud trial reveal that when he tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running.
Read more »
As Trump tried to buy Buffalo Bills, bankers doubted he'd get NFL's OK, emails show at fraud trialInternal emails shown at Donald Trump's civil fraud trial reveal that when he tried to buy the Buffalo Bills in 2014, investment bankers doubted the NFL would allow it but encouraged him to stay in the running.
Read more »