Comment on NFL Loosens Strict Ownership Rules to Allow Private Equity Investments

NFL Loosens Strict Ownership Rules to Allow Private Equity Investments

NFL owners voted to allow private equity firms to buy stakes in their franchises, a move expected to attract billions in fresh capital while boosting team valuations that had already been surging. During a special one-day league meeting in Minneapolis, the group loosened some of the strictest ownership rules in professional sports to allow private equity to own as much as 10% of a team, according to the NFL. [time-brightcove not-tgx=”true”] Transactions are expected to happen quickly, given that the owners have already approved firms to pursue investments.

 

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