The Chargers in Talks to sell participation in the private capital firm Arctos

The Los Angeles chargers are in conversations with the members of the Arctos to sell a participation in the NFL team, according to people who know the subject.

The Chargers of the LA could be the third team to reach an agreement with a private capital company, after the NFL changed the investment rules to allow institutional capital to take minority stakes.

Like many NFL teams, the Chargers of the Chargers have had debates with the four private capital groups approved by the League, said the people who requested that it were not appointed to discuss private information. Conversations with the Arcto are currently the most advanced, a person said.

A spokesman for Arctos refused to comment. A representative of the Chargers did not respond to a comment request. Conversations are ongoing and may not produce any transaction, added people. The size of participation and subsequent assessment could not be learned.

In August, NFL owners let go of some of the strictly strict professional ownership rules to allow private capital to have up to 10% of a team.

Arctos was one of theThe first two private capital companiesTo buy a participation in a NFL franchise, buy a 10% participation in Buffalo bills in December. The owner of Miami Dolphins, Stephen Ross ARES MANAGEMENT with an assessment of $ 8.1 billion.

Arctos based in Dallas was founded in 2019 and is led by managers Ian Charles and David O’Connor. It is one of the most well -known backgrounds focused on sports and the First to gain approval to invest in the five great -American -American leagues.

It also has participations in more than twenty sports franchises, including the Golden State Warriors, the Los Angeles Dodgers, the Pittsburgh Penguins and the Chicago Cubs.

The Chargers, owned by several members of the Spanos family, have had a turbulent property structure in recent years.

In September, DEA Spanos Berberian agreed to sell his 24% participation in the private capital investor Tom Gores, owner of Detroit Pistons de l’Alba, who also bought 1% of each of the three brothers in Berberian.

Berberian, who has been in a long dispute with his family and the franchise, agreed to solve these problems as part of the agreement. He had previously tried to force a sale by presenting a request in 2021 to the Los Angeles County Supreme Court.

This story originally presented to Fortune.com

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