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NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

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NFL owners newly endorse private equity stakes of up to 10% in teams by league-approved firms

EAGAN, Minn. — NFL owners voted their carefully crafted approval on Tuesday to private equity investors in their teams, putting 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. At a special meeting in Minnesota, nine … Read more