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NFL owners vote in favor of private equity investment
The National Football League (NFL) owners have voted favorably toward allowing teams to sell minority stakes to private equity firms. This decision could see some significant changes in the financial dynamics of the league.
Private equity firms are financial investors that buy stakes of ownership in companies which are not publicly traded on the stock market. These investments aim to increase the value of these companies over a set period of time. By allowing private equity investment, NFL team owners can gain access to considerably larger capital.
This strategic change may