NFL close to allowing private equity investments

Groups of private equity investors "may soon be allowed to buy as much as 30%" of NFL franchises, as a "special NFL committee is meeting to examine the league’s ownership rules."  Proposals under discussion would let buyout firms "individually acquire" as much as 10% of a team. Talks are "ongoing and the percentages may change." The owners will present their findings in Nashville over three days starting May 20, during the second of four annual league meetings. Under current proposals, those buyers "would have to set up a fund dedicated to NFL team ownership, rather than using a vehicle that invests more broadly" (BLOOMBERG NEWS, 5/7).