Terry and Kim Pegula have owned the Buffalo Bills since 2014. Now they apparently want to sell a share of the franchise.

Owner couple Terry and Kim Pegula want to sell a 25 percent stake in the Buffalo Bills. The owner family of the NFL franchise has already confirmed corresponding media reports from “The Athletic”.

“The Pegula family has engaged Allen & Company to explore the potential sale of a minority interest in the Bills,” the team announced in a statement on Friday.

According to the report, Pegula could still decide not to sell the stake, but he is now open to a business partner in the franchise for the first time.

In addition to the Bills, Pegula also owns the Buffalo Sabres in the NHL, as well as two lacrosse teams, the Buffalo Bandits and the Rochester Knighthawks. However, these are not involved in the potential sale: “These discussions only involve the Bills and no other team,” the family said.

The family is also keen to remain as majority owners: “No investment would be possible without Terry Pegula and the Pegula family retaining a majority stake in the team. Their ongoing commitment to Western New York, the new Highmark Stadium, our fans and the other teams in their portfolio remains unchanged,” the statement continued.

Terry and his wife Kim Pegula bought the Buffalo Bills in 2014 for a then-record sum of 1.4 billion US dollars. According to “Forbes”, the franchise is now worth 3.7 billion US dollars.