NFL approval seems assured for Bisciotti

February 12, 2000|By Jon Morgan

Prospective Ravens owner Stephen J. Bisciotti will likely win the unanimous recommendation of the NFL's influential finance committee in his bid to buy the team, predicted Giants co-owner P. Robert Tisch yesterday.

"He's a first-class guy. We were very impressed with him," Tisch said, the day after Bisciotti appeared before the finance committee in Florida. Tisch is a member of the finance committee.

The committee asked Bisciotti and current Ravens owner Art Modell to wrap up final negotiations on the sales agreement by Friday.

Bisciotti, an Anne Arundel County businessman, has a memorandum of understanding with Modell to buy the team for $600 million in two stages over the next four to six years.

The full NFL owners membership could approve the transaction at its March 5 meeting.

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