The owners of the New York giants have made the impressive decision to sell part of the team in the middle of fans fury in their horrible season 2024.
The giants were 3-14 last season and the fans regularly flew airplanes on the Metlife stadium urging John Mara and Steve Tisch to 'sell the team'.
In a bomb announcement on Thursday night, Mara and Tisch revealed that they are 'exploring the potential sale of a minority and non -controlling commitment' in the giants.
It is understood that up to 10% of the equipment could be sold, and it is likely to establish a record for an assessment of the NFL franchise.
The giants are valued as one of the most valuable sports teams in the world, and current owners have hired Moelis & CO to supervise any potential transaction.
According Sports Business MagazineA recent estimate valued the giant franchise between $ 7.3 billion and $ 7.85 billion.
The giants were founded by Grandfather Tim of Mara in 1925, and the family has always had a control participation in the team.
Since 1991, Mara and Tisch families have had 50% of the franchise, with individual relatives who have small bets.
The reason for the decision to put 10% in the market is not yet clear, although it occurs after a horrible season with a lot of fans.
In August, the NFL approved a policy that allows private capital companies to buy up to 10% of a team.
A statement by the giants on Thursday night said: 'Mara and Tisch families have retained Moelis & Company to explore the possible sale of a minority and non -controlling participation in New York giants. There will be no more comments regarding the process.