NFL Owners, Executives to Meet on Private Equity Stakes in Teams
- League leaders may vote during Aug. 27 meeting in Minneapolis
- Football is in talks to approve firms such as Ares, Carlyle
This article is for subscribers only.
The National Football League plans to meet in Minneapolis on Aug. 27 to discuss and potentially vote on allowing institutional investors to buy into teams.
The league held meetings with multiple private equity firms this week in the hopes of completing a framework to present to owners, people with knowledge of the matter said. After those meetings, league executives and owners feel confident enough to present a potential framework to other owners.