A familiar face is reportedly interested in purchasing the Buffalo Bills.

Former Buffalo Sabres owner Tom Golisano plans to bid on the Bills once the team officially goes on sale, the Toronto Sun reports.

A source confirmed the 72-year-old's intentions to the Sun on Wednesday night, adding that not only will Golisano seek immediate NFL pre-approval, but he "will be the lead bidder".

Golisano bought the financially troubled Sabres in 2003 and sold them to current owner Terry Pegula in 2011. Golisano unsuccessfully bid on the Los Angeles Dodgers in 2012.

The Rochester, N.Y. native and founder of Paychex (the second-largest payroll processor in the United States) has long been rumored as a potential Bills owner.

Earlier on Wednesday, the franchise announced the hiring of an investment bank (Morgan Stanley) and law firm (Proskauer Rose) to oversee the sale.

The team said the bank and firm will begin contacting prospective owners within the next 30 days.