By Mark Gallagher
Chalk this story up as:
What Took Them So Long?
According to the Wall Street Journal, the Washington Football Team’s minority owners are “pressuring” owner Daniel Snyder to sell his majority stake in the team.
Per the report, Snyder has no intention to sell. The resulting impasse surely has contributed to recent suggestions by Snyder in court filings that one of the minority partners, Dwight Schar, has tried to discredit Snyder by encouraging current and/or former employees to make allegations about him.
Pro Football Talk first reported last month that Schar and FedEx founder Fred Smith had been trying to sell their stakes in the team. Earlier that day, we suggested that the minority partners may want to see Snyder gone. According to the Wall Street Journal, multiple buyers have passed based on the inability to secure an option to eventually purchase a controlling interest in the team.