As private equity firms enter this space, the pressure on franchises to perform financially will inevitably increase. Investors accustomed to generating alpha will push teams to explore new revenue streams, moving beyond the traditional focus on ticket sales, merchandising and broadcasting rights. Hospitality, digital innovations and other alternative revenue streams will likely become areas of focus as franchises seek to satisfy their new investors' return expectations. This shift could fundamentally change how teams are managed, transforming them from lifestyle businesses into high-performing financial entities. As a result, risk management and insurance needs will evolve, with teams likely needing more sophisticated coverage to address the complexities of private equity ownership. Pro sports and private equity are two areas of strength for our team at HUB International!
#sports #privateequity #insurance
Ken Schreiber Andrew Forchelli Alan Hollingsworth CRM Charles Howze Jr. Andrew Allen
Robert Kraft, New England Patriots owner and Kraft Group chairman and CEO, discusses NFL owners voting to allow select private equity firms to invest at up to 10% of a team stake and what this means for the NFL teams and the league at large.
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The Global Flag Football League TM (GFFL) is offering tremendous opportunities to anybody who has ever been a part of the NFL Players Association