Dan Snyder will gain almost complete control of the Washington Football Team after the NFL's finance committee cleared the way for him buying out his minority investors.

The finance committee approved Snyder's application for a $450 million debt waiver. The league's owners will vote at the league's annual meeting next week on whether to approve the deal. Snyder needs 24 of the 32 owners to vote in favor of the transaction.

If the deal goes through, Snyder would end up buying another 40.5% of shares in the organization from minority owners Fred Smith, Robert Rothman and Dwight Schar.