football

Egon Durban's group will soon own nearly 40 percent of Raiders

โ€ขYahoo Sports

Durban inches closer to taking control of the team.

Signs keep pointing to Egon Durban eventually becoming the majority owner of the Raiders. Bloomberg reports that a group led by the Silver Lake executive will be acquiring another 25 percent of the team. The transaction will give Durban's group nearly 40 percent of the team.

The NFL's finance committee has already approved the deal. Per the report, owners will be taking up the issue at next week's quarterly meeting. Earlier this year, Durban acquired an option to buy controlling interest in the team, if/when Mark Davis decides to sell.

At the time, an unnamed source insisted that Davis has "no intention" to sell. Later comments from Davis seemed to prop the door open to the possibility. โ€œ I donโ€™t have any children or a wife at this time ,โ€ Mark Davis told Paul Gutierrez of Raiders.

com in April 2026, โ€œand so it was prudent to put together a succession plan that would make sure that there were no issues, should something happen to me or should I decide. . .