Punching Bag Posted February 19 Author Share Posted February 19 Arthur Blank on PE (private equity) in the NFL: ‘There Are Models That Can Work’ https://frontofficesports.com/arthur-blank-on-pe-in-the-nfl-there-are-models-that-can-work/ Quote The NFL is the only one of the big four sports leagues that does not allow private equity investment—but it’s up for discussion. There’s an owners committee studying whether to lift the NFL’s rule, and that group will potentially offer up some options for a vote to reverse the bylaw at the upcoming owners meetings in Orlando, March 24–27, Falcons owner Arthur Blank tells Front Office Sports. “The value of the franchises are reaching such levels, the opportunity to have more flexibility to provide financing and keep a family in control without having to sell major blocks of their ownership—there are models that can work,” says Blank, who’s on the five-person committee discussing PE. “It’s something the NFL is looking at from a positive standpoint, but we’ll see how it shakes out.” Quote Blank, for his part, suggests another reason to allow PE: keeping teams within families when an owner passes and leaves a big tax bill. Selling a slice of the franchise to private equity can raise those funds for the heirs. Quote Link to comment Share on other sites More sharing options...
JoPoy88 Posted February 19 Share Posted February 19 On 2/17/2024 at 7:05 PM, GunnerBill said: I have seen it happen in soccer to an extent. The local rich guy done good is priced out by the billionaire and then the billionaire is priced out by the conglomerate. It is the inveitable result of capitalism. Sports franchises retain their value better than almost any other asset. And then the conglomerates get priced out by entire countries, literally. 1 Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted February 19 Share Posted February 19 Teams are rarely sold. How would an investor group cash out? If they sold their limited partnership share to someone else, how does each subsequent fractional institutional fractional owner reap their reward? I guess these portions of the ownership of a team can trade endlessly on speculation. But the reality is that the team will likely not be sold for decades. 1 1 Quote Link to comment Share on other sites More sharing options...
Matt_In_NH Posted February 19 Share Posted February 19 On 2/17/2024 at 6:03 PM, frostbitmic said: And this Monday nights game is Walmart vs Exxon/Mobil and don't forget to join us Wednesday night for the game between Amazon and McDonalds. I love when McDonald's scores, they do the Shamrock Shake 3 1 Quote Link to comment Share on other sites More sharing options...
Reks Ryan Posted February 20 Share Posted February 20 I think that would be bad for the league long term. Private Equity groups have a ruined so many previously strong family businesses in recent decades. But it does make sense, there aren't too many individuals who can buy a majority share of an NFL club with values now exceeding $5B. Quote Link to comment Share on other sites More sharing options...
EasternOHBillsFan Posted February 20 Share Posted February 20 If ANY private equity firm was involved in the future of the Bills, I AM OUT... they destroy everything they touch. The Bundesliga fan protests are warranted and most Americans have no idea this trend is kicking up. Quote Link to comment Share on other sites More sharing options...
Punching Bag Posted February 20 Author Share Posted February 20 6 hours ago, EasternOHBillsFan said: If ANY private equity firm was involved in the future of the Bills, I AM OUT... they destroy everything they touch. The Bundesliga fan protests are warranted and most Americans have no idea this trend is kicking up. If NFL could not handle players kneeling well I cannot see them handling this kind of protest. I agree about equity firms and have had issues with investments when they bought in. I was very surprised there were not more protests in Cleveland after trade from Texans for QB. 1 Quote Link to comment Share on other sites More sharing options...
EasternOHBillsFan Posted February 20 Share Posted February 20 (edited) 3 hours ago, Punching Bag said: If NFL could not handle players kneeling well I cannot see them handling this kind of protest. I agree about equity firms and have had issues with investments when they bought in. I was very surprised there were not more protests in Cleveland after trade from Texans for QB. I have noticed a major decline in quality from several businesses and when I do some research, I see that they were bought by a private equity firm and frankly it's getting out of hand. If you examine the businesses which fall under Bain Capital alone you will see what I mean... AMC Theatres, Artisan Entertainment, Aspen Education Group, Apex Tool Group, Brookstone, Burger King, Burlington Coat Factory, Canada Goose, DIC Entertainment, Domino's Pizza, DoubleClick, Dunkin' Donuts, D&M Holdings, Guitar Center, Hospital Corporation of America (HCA), iHeartMedia, ITP Aero, KB Toys, Sealy, Sports Authority, Staples, Toys "R" Us, Virgin Australia, Warner Music Group, Fingerhut, Athenahealth, The Weather Channel, Varsity Brands and Apple Leisure Group. How many of those companies are BETTER in quality and service since they took over? Edited February 20 by EasternOHBillsFan 1 Quote Link to comment Share on other sites More sharing options...
frostbitmic Posted February 20 Share Posted February 20 This could be the Chiefs future look. 1 Quote Link to comment Share on other sites More sharing options...
Mr. WEO Posted February 20 Share Posted February 20 Institutionally supported football leagues have succeeded... Quote Link to comment Share on other sites More sharing options...
Punching Bag Posted February 20 Author Share Posted February 20 1 hour ago, frostbitmic said: This could be the Chiefs future look. Actually based on how NFL is treating that team they are renamed the Kansas City Burger Kings. 1 Quote Link to comment Share on other sites More sharing options...
ddaryl Posted February 20 Share Posted February 20 (edited) On 2/17/2024 at 11:26 PM, sleeby said: I've been thinking about buying a curling team. Anyone want to go in with me? On 2/18/2024 at 3:11 AM, Ridgewaycynic2013 said: You must have 'rocks' in your head. 🤔 * 😉😁 SWEEP! Nothing more satisfying after cartoons went off the air on Saturday afternoon, during the winter, than dialing up a curling match Edited February 20 by ddaryl 1 Quote Link to comment Share on other sites More sharing options...
Ridgewaycynic2013 Posted February 20 Share Posted February 20 20 minutes ago, ddaryl said: SWEEP! Nothing more satisfying after cartoons went off the air on Saturday afternoon, during the winter, than dialing up a curling match Too much finesse with all that subtlety and sweeping. You ain't trying unless your rock ends up two rinks over. A variation on my billiards philosophy of hit them hard enough, something will go in. 😁 2 Quote Link to comment Share on other sites More sharing options...
Motorin' Posted February 20 Share Posted February 20 2 hours ago, frostbitmic said: This could be the Chiefs future look. I mean, how long until we see this? 1 Quote Link to comment Share on other sites More sharing options...
Nextmanup Posted February 20 Share Posted February 20 It won't be long before 5 entities OWN EVERYTHING IN THIS ENTIRE COUNTRY. Enjoy! 1 Quote Link to comment Share on other sites More sharing options...
T master Posted February 23 Share Posted February 23 (edited) Well in a way isn't that what's happening now ? Walmart owns the Broncos basically, Pegs made his money in Natural gas he owns JKLM Energy and i'm sure there are many other owners that made their money in other areas of business before becoming NFL owners . I think this may be more to do with Roger wanting to expand the NFL & there not being enough individual Billionaires to afford the expansion to Europe, Mexico, and other countries . Which i for one hope fails miserably !! Keep the NFL a American treasure instead of out sourcing it like America has done everything else ... Leave that to the other football/soccer teams ! Edited February 23 by T master 1 Quote Link to comment Share on other sites More sharing options...
Fleezoid Posted February 24 Share Posted February 24 Quote Link to comment Share on other sites More sharing options...
NoHuddleKelly12 Posted February 24 Share Posted February 24 On 2/20/2024 at 11:27 AM, Ridgewaycynic2013 said: Too much finesse with all that subtlety and sweeping. You ain't trying unless your rock ends up two rinks over. A variation on my billiards philosophy of hit them hard enough, something will go in. 😁 Yet another opportunity to blame Canada! 🤔 2 Quote Link to comment Share on other sites More sharing options...
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