Report: Bon Jovi to Meet with Trust

August 12, 2014 Updated Aug 12, 2014 at 7:57 AM EDT

By Rachel Elzufon

...
August 12, 2014 Updated Aug 12, 2014 at 7:57 AM EDT

Orchard Park, NY (WKBW) - The Toronto Sun reports that Jon Bon Jovi is heading to Manhatten. The rock star and his financial backers plan to meet with the trust for the Wilson family.

Bon Jovi's group also includes Larry Tanenbaum, who owns Maple Leaf Sports & Entertainment, and the Rogers family.

Morgan Stanley reportedly rejected the group's first bid, in part due to skepticism that they would keep the team in Western New York. Many believe the Toronto based group plans to move the Bills north of the border.

However, the bank accepted a second bid which reportedly further detailed a long term plan.

The Buffalo News also reports that Terry Pegula, who owns the Buffalo Sabres, and his wife Kim plan to meet with the trust in the near future about their bid for the Buffalo Bills.