NFL allowing 10% minority ownership from league-approved private equity firms

[LadyStanley]

NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

NFL owners voted their carefully crafted approval on Tuesday to private equity investors in their teams, putting in place a new rule that lets certain league-sanctioned firms buy up a stake of up to 10% in the 32 franchises that are steadily soaring in value. The other major American sports...

finance.yahoo.com

Click to read more...

 

[LadyStanley]

Transactions are expected to happen quickly, given that the owners have already approved firms to pursue investments. They are Arctos Partners, Ares Management and Sixth Street Partners and a consortium led by former NFL star Curtis Martin and comprised of Dynasty Equity, Blackstone, Carlyle and CVC Capital Partners.

Hmmmm

 

[StreetHawk]

Hmmmm

Given the rules regarding escrow of guaranteed money, some of the non ultra billionaire owners need some help.