Arctos agrees to purchase a 10% stake in the Falcons at $10.6 billion valuation
Arctos has struck a deal to acquire a ten-percent interest in the Atlanta Falcons, valuing the franchise at $10.6 billion.
The private-equity firm Arctos will buy a one-tenth share of the Falcons, setting the team's worth at $10.6 billion. Current owner Arthur Blank holds 73 percent of the club, though it is unclear whether the new shares come from his portion or from other limited partners. This follows a trend of NFL teams selling minority stakes above $10 billion, while no controlling interest has yet exceeded that price. The league has recently permitted approved investors to own up to 10 percent of a franchise, and some firms may hold stakes in multiple teams.
Why it matters
The deal shows how NFL franchises are becoming major investment assets, drawing private-equity money into sports.
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