Business Sports
NFL Poised to Allow Teams to Sell 30% of Franchise to Private Equity
- Special committee led by Chiefs owner Hunt weighs rule change
- Owners to present their findings in Nashville later this month
The owners will present their findings in Nashville over three days starting May 20.
Photographer: Sebastian Widmann/Getty ImagesThis article is for subscribers only.
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.