NFL welcomes exclusive new group of investors as team owners approve up to 10-percent stakes for private firms... but Saudi Arabia's PIF is still barred
The NFL is opening its doors to an exclusive new group of wealthy investors. Team owners voted Tuesday to approve limited stakes in NFL teams for private equity firms in a move that could permanently alter the league's financial landscape. The vote took place at a special session organized by commissioner Roger Goodell in Minnesota, where NFL team owners approved the sale up to 10 percent of any franchise to a select number of private equity firms, which have already been vetted by the league.
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