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HomeUS NewsSan Francisco 49ers explores sales of minority equity | Real Time Headlines

San Francisco 49ers explores sales of minority equity | Real Time Headlines

Detailed views of the San Francisco 49ers helmet are detailed before the game against the Arizona Cardinals vs. Arizona Cardinals at State Farm Stadium on December 17, 2023 during pre-game warm-up. .

Ryan Cong | Getty Images

The San Francisco 49ers could be the next NFL franchise, selling minority stakes to private equity.

The 49 people are considering selling up to 10% of the franchise to private equity firms or other investors, including wealthy individuals or families, according to people familiar with the matter.

New York Giants are also exploring minority shares for sale, franchise Announce last week.

NFL owners voted last year Private equity investments are allowed up to 10% of the franchise. Miami’s Dolphins and Buffalo Act have Has hit Deals with investment companies and the Philadelphia Eagles and Las Vegas Raiders, leveraging the increase in private equity interest to generate Higher price From other individuals and families.

The person said 49 people hope to focus the franchise rights to around $9 billion. CNBC attaches importance to the organization $7.4 billion In its recent valuation list.

Bloomberg first reported The team is interested in selling minority stakes.

In terms of wins and losses, the NFL 49ers have been one of the most successful NFL franchises in the NFL lately. 49ers’ parent company, 49-person enterprise, It also owns the British football club Leeds Football Club. The York family has 49ers, and Jed York is the CEO of the 49ers.

Many teams are eager to sell minority stakes to increase liquidity for family members, or can bring money back to the team for stadium repairs or future investments.

Private equity firms have no voting rights to sell. Still, companies are willing to pay high prices for small shares because they come with allowances, such as owners’ box seats, which can be used for customers and employees.

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