Bronfman hoped to sell the team for around $50 million, but both he and Brochu found it impossible to find a local businessman willing to take primary ownership of the team. Groups from American cities were interested, however. One group offered to buy the club for $135 million and relocate it to Miami; however, Bronfman viewed a relocation as a last resort. Robert E. Rich Jr. offered to buy the club for $100 million and relocate it to Buffalo at their recently built Pilot Field, but received the same response. Instead, Brochu opted to lead a group himself. The city and the province agreed to fund $33 million of the $100 million sales price Bronfman had settled on, after which he and partner Jacques Ménard convinced 11 other Canadian businesses and businessmen—such as Bell Canada, Desjardins Group, the Jean Coutu Group and Loblaw Companies—to buy minority stakes. The sale was completed on November 29, 1990. However, many of the investors Brochu cajoled into joining the partnership made it clear that they considered their investments to be the equivalent of charitable donations, and were not interested in providing additional funding.