The Commanders sales process begins

The Commanders sales process begins

Washington Commanders owners Dan and Tanya Snyder have officially started selling the NFL team.

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“Dan and Tanya Snyder and the Washington Commanders organization announce today [mercredi] that they have retained Bank of America Securities to study the possibility of a transaction,” said a very brief press release issued by the club.

The owners, led by Dan Snyder, have been in turmoil for quite some time. Years of workplace misconduct by some team leaders, as well as some financial irregularities, have put the 57-year-old in the spotlight for all the wrong reasons.

In recent months, the NFL also conducted an investigation into allegations of sexual harassment by Dan Snyder and fined the Washington Club $10 million. The owner had also been forced to hand over day-to-day running of the team to his wife indefinitely.

Last June, The Washington Post learned that Dan Snyder had paid $1.6 million to a woman who accused him of sexual harassment in 2009. The lady claimed that the multimillionaire tried to force her to have sex and tried to strip her of her clothes in a private part of the team’s plane during a trip that involved staff returning from Las Vegas.