The Minnesota Sports Facilities Authority is going to lay out its “due diligence,” the look into the financial situation of Zygi, Mark and Leonard Wilf as their NFL team is poised to sign a decades-long deal for a new stadium in Minneapolis.
The audit was commissioned by the MSFA last month, after the Wilfs were found by a New Jersey judge to have cheated their partners in a real estate deal there. The prospect of large punitive damages raised doubts about the Vikings ownership’s ability to pay for their share of the new $975 million building.
The MSFA says it will release its findings at 2 p.m. today, at a conference room at the Metrodome. MSFA chairwoman Michele Kelm-Helgen and Dorsey and Whitney atttorney Peter Carter will talk about what they found, although it isn’t clear how much information about the Wilf’s finances the MSFA will disclose.
Check back at Stadium Watch for live updates this afternoon.