NFL owners put in place a new rule that lets certain league-sanctioned firms buy up a stake of up to 10% in the 32 franchises that are steadily soaring in value.
EAGAN, Minn. — The booming business of the NFL will now be open for more business.
League owners voted their carefully crafted approval of private equity in club ownership, putting in place a provisional new rule on Tuesday that lets certain firms buy up a stake of up to 10% in any of the 32 franchises that have soared in value over the past few decades like few other industries.
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