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Report: Charleston businessman bidding for Panthers wants Peyton - Live5News.com | Charleston, SC | News, Weather, Sports

Report: Charleston businessman bidding for Panthers wants Peyton Manning in the mix

Source: Carolina Panthers Source: Carolina Panthers
CHARLESTON, SC (WCSC) -

Charleston businessman Ben Navarro wants former NFL star and Super Bowl Champion Peyton Manning to be a part of his bid to own the team, according to the Charlotte Observer.

Charleston billionaire Ben Navarro has reached out to two-time Super Bowl winner Peyton Manning about joining his ownership group that is bidding on the Carolina Panthers, according to two sources with knowledge of the discussions.

Manning is still considering Navarro’s offer to become a limited partner, according to the sources, who spoke on the condition of anonymity because of the confidential nature of the Panthers' sale.

Manning played for the University of Tennessee in college before moving on to the NFL where he played for 18 years with the Denver Broncos and Indianapolis Colts. He won one Super Bowl with each team and was named NFL MVP five times in his career. He was the Colts' No. 1 pick in the 1998 NFL draft..He sold his stake in Papa John's franchises back in February, according to USA TODAY..

WBTV reported that Navarro made a site visit to Bank of America Stadium earlier in April.  In 1997, Navarro founded Sherman Financial and is still the CEO. The company serves consumer credit needs through its subsidiary, Credit One Bank N.A.

24 of 32 NFL teams must approve the sale before it would be completed. Richardson, 82, announced that he would put the team up for sale in December 2017. 

Navarro founded Meeting Street Schools which runs private schools with an eye toward low-income students. It's flagship school is the Meeting Street Academy in downtown Charleston which opened in 2008. It also operates an academy in Spartanburg and is part of a public-private partnership with the Charleston County School District at Meeting Street Elementry in North Charleston. 

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