NFL Approves Private Equity Investments, Teams Consider Selling Stakes

Reported about 1 month ago

The NFL has opened the door to private equity investment in a move away from sole ownership by billionaires. Teams like the Philadelphia Eagles, Miami Dolphins, Buffalo Bills, and others are exploring minority stake sales, with private equity firms allowed to acquire up to 10% in franchises. The investment must be held for a minimum of six years. Noteworthy firms pre-approved for investment include Arctos Partners, Ares Management, and a consortium led by Blackstone.

Source: YAHOO

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