NFL owners vote in favor of private equity investment

Yes, indeed the NFL owners have voted in favor of private equity investments. They approved a policy in March 2021 that enables NFL teams to sell up to 20% of their stakes to private equity firms. The decision, which was taken during a virtual meeting of the teams' owners, is set to provide a liquidity source for the teams and attract significant interest from private equity investors. NFL owners hope that this move can improve the league's cash flow and help to offset some of the financial losses due to the COVID-19 pandemic. Currently, the approved private equity firms include Arctos Sports Partners and RedBird Capital.