Key Vikings Stadium Decisions Put On Hold As Wilf Family Goes Under Review
Could the Minnesota Vikings new stadium be in trouble? Stadium construction is still scheduled to being this fall, but before that happens the Wilf family will go under the microscope. This stems from a finding last week by a New Jersey Superior Court judge in a long-pending lawsuit against the Wilfs and the family’s real estate business.
StarTribune.com is reporting that the Minnesota Sports Facilities Authority, the public body overseeing the nearly $1 billion project, said Tuesday that it has retained Peter Carter of the Dorsey & Whitney law firm to lead a “due diligence” review of Vikings owner Zygi Wilf and his family’s real estate business. Carter has tried cases involving racketeering and performed similar investigations for some of the nation’s largest firms.
The review group, which will also include FTI Consulting, an international forensic accounting firm, will scrutinize Wilf family litigation in New Jersey and perform “extensive background checks” as well as review the NFL’s investigations of owner applications, the authority said in a written statement.
The Vikings have said they will do whatever is needed to make this review go as quickly as possible. They’ve also assured all parties that the stadium financing is solid and the court case in New Jersey will have absolutely no bearing on this project.