Reported Earlier, NFL Owners Set To Vote On Letting Private Equity Invest In Teams; League Approved PE Firms Arctos, Ares & Sixth Street Partners; Firms Could Be Able To Buy 10% Stakes In NFL franchises
Portfolio Pulse from Benzinga Newsdesk
NFL owners are considering allowing private equity firms to invest in their franchises, with a vote scheduled during a special league meeting. Approved firms include Arctos, Ares, and Sixth Street Partners, which could acquire up to 10% stakes in NFL teams.
August 27, 2024 | 3:07 pm
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Ares Management Corporation is one of the private equity firms approved to potentially invest in NFL franchises, which could enhance its portfolio and influence in the sports industry.
Ares Management is directly mentioned as an approved firm to invest in NFL teams. This opportunity could enhance its investment portfolio and increase its influence in the sports sector, likely having a positive impact on its stock.
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