The New York Giants, owned by the Mara and Tisch families, are considering selling up to 10 percent of the team as part of a strategy to attract investment and adapt to recent NFL regulations permitting private equity stakes. They have hired Moelis & Company to facilitate this process, which aims to tap into the substantial wealth of private equity and hedge fund investors in New York. Although the Giants have endured a challenging competitive period, they maintain significant valuation due to their market position and historic success.
Moelis & Company has been hired to explore the sale of a minority stake in the New York Giants. This comes in light of new NFL rules allowing private equity involvement.
The decision to sell a minority stake is not a reaction to fan frustrations, but a proactive response to the NFL's recent rule change allowing such sales.
Given their location in the largest market, the Giants' stake sale is expected to attract significant interest from billionaires in private equity and hedge funds.
Despite past struggles on the field, the Giants carry a legacy of prestige with eight NFL championships, which enhances their appeal to potential investors.
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