NFL Owners to Vote on Private Equity Investment Rule
Special meeting on August 27 will determine if institutional investors can own stakes in teams.
- The NFL is the last major U.S. sports league to consider private equity ownership.
- Owners will discuss allowing up to 10% of a team to be owned by private equity firms.
- A special committee has been evaluating the proposal for over a year.
- The move could increase franchise values and broaden the pool of potential buyers.
- Final approval requires a vote from at least 24 of the 32 team owners.