Groups of private equity investors may soon be allowed to buy as much as 30% of National Football League franchises.
Proposals under discussion would let buyout firms individually acquire as much 10% of a team, according to people familiar with the matter, who asked not to be identified because the deliberations are confidential.
A special NFL committee is meeting to examine the league’s ownership rules. Talks are ongoing and the percentages may change, some of the people said. A spokesperson for the NFL declined to comment.
The owners will present their findings in Nashville over three days starting May 20, ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.