Sources: Blank discussing ownership with Bon Jovi

Sources: Blank discussing ownership with Bon Jovi

Published Feb. 7, 2011 6:20 a.m. ET

From FOXSportsSouth.com staff and wire reports
February 7, 2011

Atlanta Falcons owner Arthur Blank has engaged in confidential negotiations with Jon Bon Jovi to purchase part of the team for $150 million, according to NFL.com.

According to league sources, Blank acknowledged the talks Sunday morning but downplayed them as "discussions that are unlikely" to result in a deal.

Blank has opened the door to the possibility of minority partners to generate cash toward his plans to build a new outdoor stadium.

Bon Jovi has been owner of the Arena Football League's Philadelphia Soul from 2004 to 2009.

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