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So the NFL won't allow community ownership: https://defector.com/the-columbus-clippers-made-public-sports-ownership-work-can-anyone-else
But it will allow private equity ownership? https://time.com/7015348/nfl-football-private-equity-ownership-investors/
@ntnsndr So what happens if a team gets bought by a private equity firm, which is then itself bought by some kind of community trust?
Could a local government own a sports team?
@katanova My understanding is the NFL owners are terrified of anything that doesn't smell of profit maximization, because it risks lowering the value of their assets.
The Defector article I linked to is great on the legacy of and resistance to public ownership in US sports.
@katanova But in many parts of the world, fan ownership is a real option:
https://www.bigissue.com/news/social-justice/fan-owned-football-clubs-power-supporters-exeter-york/
https://en.wikipedia.org/wiki/List_of_fan-owned_sports_teams