VIKINGS STADIUM: Review of Wilf finances complete - KMSP-TV

VIKINGS STADIUM: Review of Wilf finances complete

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MINNEAPOLIS (KMSP) -

The Minnesota Sports Facilities Authority has wrapped up its review of the Wilf family finances and its involvement in a New Jersey-based lawsuit.

Some people worried the lawsuit would threaten the timetable of the new Minnesota Vikings stadium, but the MSFA on Friday said they are confident enough to move forward after the NFL said it would stand behind a Minnesota franchise for the duration of the stadium use agreement.

The report on the Wilf finances found one potential future issue – a New Jersey law that would refer the case to the attorney general for a criminal investigation if the civil lawsuit awards punitive damages.

"There is no way for us to know the outcome of any future investigation at this time," said MSFA chair Michele Kelm-Helgen said. "It is significant however, that we have received assurances from the NFL today that they are committed to fulfill the obligations under the stadium use agreement and have a team play in Minnesota for the duration of the stadium use agreement."

Kelm-Helgen continued: "We have reviewed all of the facts concerning the Wilfs financing and litigation, and with assurances from the NFL we have addressed the risks we have found. I feel confident moving forward with the construction of the new stadium."

VIKINGS STATEMENT

"The results of the due diligence inquiry are consistent with the team's prior statements on this matter – the Vikings and the Wilf family have the financial ability to meet the private commitments to the stadium project. This report, combined with the NFL's unwavering support, make that clear. We look forward to continuing our collaborative efforts with the Minnesota Sports Facilities Authority to create thousands of jobs, generate significant economic development and deliver a great stadium for Vikings fans and the people of Minnesota."

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