Summary
- Jason Wright, former Washington commander, said the NFL is close to allowing ownership of foreign investment teams
- Wright suggests that the alliance will initially explore “partner deals” with foreign government-backed companies before direct investment
this National Football League (NFL) According to reports Commander of Washington. Wright talked last week at the Gabelli Funds’ annual media and sports workshop statement His “experience in the NFL circle shows that the league is about to automatically launch foreign investment.”
Although sovereign wealth funds from regions such as Saudi Arabia, Qatar and the United Arab Emirates already have a large stake in global sports such as football, golf and car racing, major U.S. leagues have historically resisted this direct foreign ownership. But with the NFL’s continued business surge and its ambitions for international expansion, Wright sees the diversification of his currency pool as “necessity.”
Wright explained that the NFL is a “slower moving” that could initially test the waters through a massive “partnership with companies and brands we know foreign governments are lagging behind and supporting.” He suggested that once these important sponsorships, such as naming rights transactions at the team level or naming rights transactions at the Marquee League Partnerships, begin to appear, it will indicate that direct investment from foreign entities is coming. He revealed that the discussions were taking place in the backstage. ”
Wright, who served as the first black president of the NFL series from 2020 to 2024, stressed that smaller leagues may see sovereign investment more directly due to greater demand, but when the NFL move is a question rather than. This shift could seriously affect the financial landscape of the alliance, potentially unlocking new capital for team operations and further international growth.
