Manchester United PLC

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8/20 13:00

Atlanta Falcons in Talks to Sell 10% Stake to KKR

The NFL's Atlanta Falcons are in talks to sell a 10% interest in the team to KKR's (KKR) Arctos Partners, Bloomberg's Randall Williams reports, citing people familiar with the matter. If a transaction is approved, it would be Arctos' fourth stake in an NFL team, the most of any private equity group, as the firm also has holdings in the Buffalo Bills, Los Angeles Chargers, and Cleveland Browns, the author says. Publicly traded owners of sports franchises include MSG Sports (MSGS), Liberty Braves Group (BATRA), and Manchester United (MANU).

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