Josh Harris ‘will meet with the NFL finance committee next week’ as Commanders deal gathers pace

• Josh Harris agreed a deal with Dan Snyder to buy the Commanders last month
• Harris reportedly has 20 limited partners in his bid to purchase the team
• DailyMail.com provides all the latest international sports news

Josh Harris will meet with the NFL’s finance committee on Wednesday, according to the Washington Post, as his deal to buy the Commanders gets closer to completion.

Harris, who previously reached an agreement with current Commanders owner Dan Snyder to buy the franchise for a reported $6.05billion, will meet with the eight finance committee members in New York. 

The 58-year-old Chevy Chase, Maryland native has been working with the NFL to ‘make the required adjustments to his offer to complete the sale,’ ESPN wrote, citing an unnamed source.

Harris’ bid to buy the franchise includes 20 limited partners, the publication said, but the league’s distaste for Snyder makes it likely that the takeover will be successful.

According to league and ownership sources cited in a previous ESPN report, there’s ‘no way’ owners would approve the bid if not for Snyder.

Minority investors in the bid include Magic Johnson and Harris’ business partner David Blitzer, who he also owns the Sixers and Devils with (Harris is the controlling owner of the Sixers, while the pair co-own the Devils).

Snyder has faced fans’ calls to sell the struggling team for years, but pressure has been mounting since 2020 following accusations of sexual harassment, financial impropriety, and obstruction against the team and Snyder himself. 

Sexual harassment allegations against team employees ranged from inappropriate comments to the creation of a lewd behind-the-scenes video from a cheerleader calendar shoot in 2008, according to the 2020 Washington Post report that first uncovered the claims.

No date has been set yet for Harris’ deal to be completed.

However, Colts owner Jim Irsay said last month that a session could be scheduled after July 4.

The transaction, once completed, will set a record for the highest price ever paid for a North American sports franchise.

The Walton family paid $4.65billion for the Denver Broncos last year. 

But Harris expects owning the team to be a windfall, as he projected massive financial gains with the exit of Snyder from the organization, according to a document obtained by ESPN.

The prospectus predicts that the team’s total revenue would rise from $545milion last year to $959million in 2032-33, while gate revenue and local revenue are expected to double within the next nine years.