That restriction is unlikely to restrict Rob Walton, Greg Penner and their households. Walton, 77, is the oldest youngster of Helen and Sam Walton, the co-founder of Walmart. Rob Walton was chairman of Walmart from 1992 to 2015. His cousin is Ann Walton, the niece of Sam Walton and the spouse of E. Stanley Kroenke, who owns the Los Angeles Rams of the N.F.L., the Denver Nuggets of the N.B.A., the Colorado Avalanche of the N.H.L. and Arsenal F.C. within the Premier League, amongst different groups.
Penner married Rob Walton’s daughter, Carrie, and has been Walmart’s chairman since 2015.
The Walton-Penner bid, if accepted, would finish almost 4 many years of possession by the Bowlen household. The Broncos joined the A.F.L. in 1960 and have been dismal on the sphere for his or her first decade and a half, although they have been in style with followers within the Rocky Mountain states. However after Bowlen purchased the membership in 1984, the Broncos had 21 successful seasons, 13 division titles, 9 convention championship berths and 7 Tremendous Bowl appearances.
His reminiscence failing, Bowlen stepped away from operating the staff in 2014, and left a number of trustees, together with Ellis, to supervise the franchise. The trustees have been tasked with deciding which of his youngsters ought to grow to be the controlling proprietor — or whether or not the franchise ought to be bought, in the event that they believed that was within the household’s greatest curiosity.
Beth Bowlen, Bowlen’s second daughter from his first marriage, labored on the membership and was changing into the principal proprietor. However she left the staff a number of years in the past.
Brittany Bowlen, a daughter from Bowlen’s second marriage, was being tabbed as a possible alternative. All seven Bowlen youngsters couldn’t attain an settlement on who ought to take cost, so the staff was put up for public sale.
Now it’s one other household, this time with even deeper pockets, that’s prone to take over.
