The NFL’s Finance Committee met Wednesday to review details of the Walton-Penner ownership group’s bid to purchase the Broncos and recommended the sale for membership approval.
The final step for Rob Walton and Co., is gaining “yes” votes from at least 24 of the 32 teams during an owners meeting in Minneapolis on Aug. 9. But after getting approval by the Finance Committee, the final vote is viewed as a formality.
In a statement, Walton said: “We appreciate the diligence and hard work of the National Football League’s Finance Committee with its recommendation to approve our purchase of the Denver Broncos.