CHARLOTTE, NC (Rick Rothacker/The Charlotte Observer) - Another bidder for the Carolina Panthers is in town on Monday, with multiple reports saying Charleston businessman Ben Navarro is visiting Bank of America Stadium.
Navarro is among the bidders identified by the Observer who are vying for the franchise put up for sale by owner Jerry Richardson this year. Navarro's Sherman Financial Group owns Credit One Bank, which issues credit cards to subprime borrowers.
Alan Kestenbaum, the CEO of Canadian steel company, made a visit last week, and a source told the Observer that hedge fund manager David Tepper is expected to visit Charlotte Tuesday.
Richardson announced plans to sell the team following a Sports Illustrated report detailing claims of sexual and racial misconduct by Richardson. Forbes values the team at $2.3 billion, but it's possible it could go for more.