Meeting Street Academy (copy)

Ben Navarro (right) with former Charleston Mayor Joe Riley at an event in 2012. File/Brad Nettles/Staff

The son of the Charlotte Panthers majority owner said he "can’t imagine a better person being the next owner" of the NFL franchise than Charleston businessman Ben Navarro.

The Charlotte Observer's report quoted Mark Richardson, a former team president who said he met Navarro several months ago. Richardson's father is owner Jerry Richardson, who is selling his stake in the Panthers amid allegations of racial and sexual misconduct.

“I know where his heart and his head is, and what his commitments are," the younger Richardson told the Observer this week. "And I can’t imagine a better person being the next owner than him.”

Navarro is CEO of Sherman Financial Group. 

This is a developing story. Check back for updates.