49ers near deal to sell 6.2% stake in franchise to 3 Bay Area families

Santa Clara, Calif. -Cording to San Francisco 49ers Owner jed york, interested parts have apploached his family “probably on a weekly basis” to attempt to buy a piece of the 97% of the team the yorks.

This week, it seems, three of the parts who applached the york family about buying in cam with the right offer. According to a league source, the 49ers are working to contact the sale of more than 6% of the tim to than bay area family.

Sportico, which first report the pending sale on Thursday Morning, Said the sales will be done at a franchise valuation of more than $ 8.5 billion. If the Deal is completed at that number, the valuation would be the largest always for a sports franchise in a translation.

The Khosla Family, Deter Family and Grieffith family are the buyers, with the khoslas purchasing 3.1%, the DETERS OBTAINING 2.1%and the griffiths 1%, the athletic reported thursday all.

The nfl is expected to formally approve the transactions at the spring vernors’ meetings in minipolis next week. The 49ers declined to comment on the proposed sales on Thursday.

While the niners have been receiving offers for the past few months, york recheons at March’s League Meetings That His Family Had Be To Been Considering At the time, he called it a “Family Asset Allocation Decision” based on the wants and needs of Various Family Members.

“It is just one of these things where if there’s an operative that makes sense, we will always explore that, but i’m not sure what to end to end up doing,” York means. “And if you do, we try to find the right people who would be bolster every time that we do, off the field and just make sure that we have good. US. “

All three of the reported buyers have venture capital backgrounds. Vinod Khosla is co-founder of sun microsystems and the founder of Khosla ventures in Menlo Park. Byron Deeter is partner at Bessemer venture partners in RedWood City and San Francisco and William Griffith is partner at iconiq capital in San Francisco.

In other franchise-renelated News, the LOS ANGELES CHARGERS Are Request Approval to Sell An 8% Stake in the Team to a Private Investment Firm, The LOS ANGELES Times ReportedCiting a person with knowledge of the Approval Request Sent in a memo to nfl team.

The Newspaper Said Chargers Owner Dean Spanos and Siblings Michael Spanos and Alexis Spanos Ruhl Will Attempt to Sell the Stake in the Franchise to Private Investment Firm ACTOS ATTOS WEEKNS OWNERS Meetings.