The origin of the money for Brian Davis' $7 billion bid – nearly one billion more than the Josh Harris-led group's bid – for the Washington Commanders may have originated in the Middle East, according to a new report from Front Office Sports.
AJ Perez, citing two sources with first-hand knowledge of Davis' bid, reported Tuesday morning there are "indications that the source of the funds originated from the Middle East."
Davis, whose level of wealth is unknown, does not seem to be capable of fronting an all-cash bid of that level to buy the NFL franchise from Daniel Snyder. It would make sense that there are co-investors in any bid he made.
A member from inside Davis' camp told Perez at least some of the funding is coming from Israel, but a source outside the inner circle believed the source of the money was Saudi Arabia.
“It’s been vetted,” a source close to Davis told Perez. “They’re unencumbered, and they’re clean.”
The source could be referring to money that is connected to the Saudi Arabia government, a regime with a poor track record of human rights violations and a history of using sports to launder their reputation with the LIV Golf tour and ownership of Newcastle United in England's Premier League. (With the assumption being any money from Israel would not be government-connected but from a private individual.)
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While Davis' bid and the money may be real, the possibility of Snyder accepting such an offer seems slim as Perez reported that the Commanders owner accepted the Harris-led group's offer of $6.05 billion after the larger bid from Davis came in on March 21.
The NFL is now reviewing the sale agreement of Commanders with the group led by Harris and Mitchell Rales that includes Magic Johnson.
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