sports

No vote was held by NFL owners on the private equity issue

The NFL’s private equity problem remains unresolved.

According to multiple reports, no vote was taken on the issue during ownership meetings in Nashville on Wednesday.

Ben Fischer of Sports Affairs Journal because the owners created a “framework” to allow such investments, but there was no vote.

At least 24 votes will be needed to finalize any rule changes. Only with 24 votes can there be a policy.

The problem has persisted for months, despite the NFL creating a special committee to address the problem. This delay suggests that there are issues preventing the transfer from happening.

The potential adjustment stems from the fact that the value of franchises is skyrocketing and few people can afford to buy teams. For minority owners, it is a source of income without any control over the business.

Key questions include the maximum percentage of a team that can be sold to private equity funds and whether a fund can hold a stake in multiple teams.

News Source : www.nbcsports.com
Gn sports

Back to top button