Laffy on Nostr: "Qatar Investment Authority is seeking to buy a minority stake in group that owns ...
"Qatar Investment Authority is seeking to buy a minority stake in group that owns #NBA’s Washington Wizards, #NHL’s Washington Capitals & #WNBA’s Washington Mystics & would become 1st foreign sovereign fund to own a piece of a major US team sports franchise...
No fund is able to own more than 20 percent of a team, according to the amended rule. The NHL is not known to have any rule precluding such a foreign investment." https://www.washingtonpost.com/sports/2023/06/22/qatar-monumental-sports/?utm_source=alert&utm_medium=email&utm_campaign=wp_news_alert_revere&location=alert
No fund is able to own more than 20 percent of a team, according to the amended rule. The NHL is not known to have any rule precluding such a foreign investment." https://www.washingtonpost.com/sports/2023/06/22/qatar-monumental-sports/?utm_source=alert&utm_medium=email&utm_campaign=wp_news_alert_revere&location=alert