Report: Minority partners press Daniel Snyder to sell Washington Football Team


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Dysfunction always finds a way.

At a time when the Washington Football Team’s damn thing is trying to turn the page on turbulent times, problems remain for the franchise. According to the Wall Street Journal, the minority owners of the team are “pushing” owner Daniel Snyder to sell his majority stake in the team.

Per report, Snyder has no intention of selling. The resulting accident has certainly contributed to Snyder’s recent suggestions in lawsuits that one of the minority partners, Dwight Schar, tried to discredit Snyder by encouraging current and / or former employees to make accusations about him.

PFT first reported last month that Schar and FedEx founder Fred Smith were trying to sell their stakes in the team. Earlier that day, we suggested that the minority partners might want to see Snyder. According to the Wall Street Journal, multiple buyers have been passed on the basis of the inability to secure an option to ultimately acquire a controlling interest in the team.