NFL could let owners sell up to 30 percent of teams to private equity funds [Video]

The NFL is moving closer to grabbing cash from private equity funds.

According to Bloomberg.com, the quarterly meetings held later this month could result in the passage of a rule allowing owners to sell up to 30 percent of the team to approved investment collectives. The most any one fund could own in any one team would potentially be 10 percent.

It’s possible that one fund could hold equity in multiple teams.

The percentages could change as the NFL’s special committee for considering the issue continues its work.

The issue wasn’t finalized at the league meetings in March. Speaking at the conclusion of that event, Commissioner Roger Goodell pegged May or October as more realistic targets. Owners meet four times per year — March, May, October, and December.

The potential shift comes at a time when franchise values are skyrocketing, to the point where it’s hard to find individuals who can satisfy the league’s ownership …