Originally posted on Fox Sports North  |  By PHIL ERVIN  |  Last updated 9/13/13
MINNEAPOLIS -- Any potential obstacles to construction of the Vikings' new stadium appear to have been cleared.The Minnesota Sports Facilities Authority released its findings Friday in a due-diligence review of team owner Zygi Wilf and his family members whom a New Jersey judge says didn't live up to their end of agreements with two real estate partners. MSFA and its lawyers hired to execute the investigation came out fully satisfied the NFL team remains fully capable of financing its 477 million portion of the 975 replacement for the Metrodome. The detailed probe, which began nearly a month ago, looked into potential damages that have yet to be awarded in the Wilfs' civil case, the owners' personal and financial background and the team's plan to foot its part of the stadium bill. The report's most integral conclusion: "The significant holdings in cash and securities at July 31, 2013 by the Wilfs, buttressed by significant equity in investment properties also owned by the Wilfs, are considered to be reasonable and adequate to allow the Wilfs to meet their financial obligations under the planned Vikings stadium project, even if the worst-case scenario occurred in the New Jersey litigation and the Wilfs were required to satisfy a judgment to that amount." In short, there's no doubt the Vikings can pay for their new digs. It's what the team said all along through a lengthy and at times tense review process. The Vikings stepped away from negotiating the stadium's use and development agreements until Tuesday. Ground on the stadium can't be broken until both sides completely sign off on those two documents. At one point, legal firm Dorsey and Whitney -- which carried out the due diligence -- stated publicly the Wilfs weren't providing all the necessary data to carry out their assignment. But the authority in charge of stadium construction and operation and the planned palace's primary tenant can now move forward. If the sides agree to main principles in the use (lease) and development (construction) accords early next week and ratify them at the MSFA board's Sept. 27 meeting, the stadium's early November groundbreaking can take place as scheduled, MSFA chair Michele Kelm-Helgen said during a press conference Friday afternoon. "We've got a lot of work to do," she cautioned. "We're not finished yet. Next week is gonna be a huge week. Assuming everybody can come together and be reasonable, we should be able to get through those agreements and have them done." Follow Phil Ervin on Twitter
MORE FROM YARDBARKER:
Best athlete by state all time
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Falcons benefit from questionable call after turnover

Report: Tomlin, Steelers fined Antonio Brown $10,000

Report: Kelly a candidate to replace Shanahan as Falcons OC

Royals release statement on death of Yordano Ventura

Sanders, Ware think Romo would be good fit for Broncos

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Reports: Yordano Ventura killed in car accident

Report: Nelson expected to play vs. Falcons with kevlar padding

Irsay: Pagano safe, Peyton not in picture as potential Colts GM

LeBron James: Gregg Popovich ‘factors a lot’ into 2020 Olympics decision

Cuban softens stance on superstar status of Westbrook

Ric Flair gets into Twitter fight with Panthers player over Falcons fandom

Best of Yardbarker: Roger Goodell does what we all expected him to do

Eat, Drink, Watch for Jan. 20-22, 2017: Dips, rye, football and Death Race 2050

Box Score 1/20: 37 years ago today, Carter said no to Moscow

NFC & AFC Championship preview: We love scoring

Roger Goodell is a coward, but then we knew that

TailGreater: Picking the conference champions by their signature cocktails

The 10 best sports docs available for streaming

Ranking the top three conferences in college basketball

The NFC Championship’s two most important players

Eight bold predictions for second half of NBA season

Box Score 1/19: Happy anniversary to the 'Tuck Rule' game

Clarification Please: Why college basketball needs to ditch the possession arrow

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

Best of Yardbarker: Roger Goodell does what we all expected him to do

Eat, Drink, Watch for Jan. 20-22, 2017: Dips, rye, football and Death Race 2050

QUIZ: Name the owners of these 50 famous NFL nicknames

NFC & AFC Championship preview: We love scoring

Roger Goodell is a coward, but then we knew that

The 10 best sports docs available for streaming

TailGreater: Picking the conference champions by their signature cocktails

The 'What's a Romo worth these days anyway?' quiz

Clarification Please: Why college basketball needs to ditch the possession arrow

NBA hotline bling: Derrick Rose gets disconnected

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker