According to a report from WBTV, potential Panthers bidder Ben Navarro will visit Bank of America Stadium in Charlotte today.
Carolina Panthers bidder and Charleston businessman Ben Navarro will make a site visit to Bank of America Stadium Monday, according to a league source.
A former Citigroup executive, Navarro heads Sherman Financial Group, a Charleston-based diversified financial services company.
In 1997, Navarro founded Sherman Financial and is still the CEO. The company serves consumer credit needs through its subsidiary, Credit One Bank N.A.
In addition, the company purchases and manages consumer debt, manages investments in corporate debt, real estate and structured credit; and is the owner of Kroll Bond Rating Agency.
Navarro will be the second potential buyer of the Panthers to visit Charlotte, after Canadian steel company CEO Alan Kestenbaum was in town last week.
As we discussed in the Kestenbaum story, Panthers owner Jerry Richardson is expected to decide on a buyer within the next three to four weeks, which would give the rest of the NFL owners an opportunity to approve the sale during their spring meetings in May.
For the sale to be approved, 24 of 32 owners (or 75%) must vote in favor.
What do you think of this news, Panthers fans? Would you like to see Navarro as the new owner? Share your thoughts in the comments.