DALLAS, August 27, 2024–(BUSINESS WIRE)–The National Football League (“NFL”) today announced that owners of the League’s 32 professional American football teams have passed an initial vote on allowing institutional investment firms to make minority equity investments in the League’s franchises.
The vote has provisionally approved a select group of potential buyers, among which Arctos is included. Subject to final approvals, any transactions would need to be evaluated by the League and ratified by owners of other teams.
In response to the news, Arctos issued the following statement:
“We are honored to be among the first private investment firms being considered by the National Football League as potential partners for their clubs and owners. While there is much work ahead, today is a milestone reflecting Arctos’ commitment to the sports industry, our position as the market innovator and passion for being the partner of choice for leading sports ownership groups. Pending final approval, Arctos would be the only firm approved to invest in equity across each of the five most popular major North American leagues. We thank the NFL for its trust and look forward to contributing to the League’s continued success.”
About Arctos
Arctos is a private investment firm that provides bespoke growth and liquidity solutions, differentiated thought partnership, and value creation advice to sports franchises (Arctos Sports) and alternative asset managers, their funds, and portfolio companies (Arctos Keystone). Founded in 2019, Arctos serves as a catalyst for innovation and business transformation for its portfolio companies and its markets. The firm’s proprietary approach is anchored by its unique quantitative research and data science platform, Arctos Insights. Arctos has a team of more than 50 investment and operational professionals with investment and operating expertise across industries, geographies, and economic cycles. The firm is headquartered in Dallas, with office locations in New York, and London. For more information, visit www.arctospartners.com or Arctos’ company page on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240827629454/en/
Contacts
Media
Prosek Partners
Pro-Arctos@Prosek.com
The New York Giants have "mutually agreed" to terminate the contract of quarterback Daniel Jones, less than two years after he signed a $160m extension with the
This is an article version of the CBS Sports HQ AM Newsletter, the ultimate guide to ev
Mob movies, Motown magic, more Aaron Rodgers-centred drama, the 'Harbowl' and rushing fireworks between Kyle Shanahan and Matt LaF
A leading human rights organization has described a sponsorship deal between Concacaf and the Saudi Arabia Public Investment Fund (PIF) as sportswashing, critic