Almost 20 years in professional soccer see Jozy Altidore who developed his sporting career in American and European soccer, including a stint with a Spanish team, Villareal. Now at 35 years of age, the American striker, who is without a team after having been part of the New England Revolution, has decided to focus on another sport. More specifically in the NFL, where he has entered as a limited partner of the Buffalo Bills.
And the New York team and Terry Pegula have confirmed the incorporation of 10 limited partners to the team’s ownership group, among which is the former Villareal player. The minority stakes, without direct control, were approved today at the NFL league meetings in Dallas, Texas, this being the first time in the history of the franchise that minority owners have joined
Von MillerLAPRESSE
New limited partners
Arctos Sports Partners, private equity firm specializing in sports.Rob Palumbo, co-chairman of Accel-KKR, private equity firm focused on technology.Sue McCollum, CEO and owner of alcohol distribution companies Eagle Brand Sales and Double Eagle Distributing. Theresia Gouw, co-founder and managing partner of venture capital firm Acrew Capital.Rob Ward, co-founder and general partner of venture capital firm Meritech Capital.Mike Joo, COO of Banking Global Corporate and Investment Banking and head of North American Corporate and Investment Banking at Bank of America Securities.Tom Burger, co-founder and managing partner of investment firm Gridiron Capital.Vince Carter, former NBA player; Basketball Hall of Fame member Tracy McGrady, former NBA player; Basketball Hall of Fame member Jozy Altidore, former US National Soccer Team player and MLS champion.
Vince Carter and Tracy McGradyBRAND MONTAGE
The team has added a diverse group of limited partners spanning the worlds of business, sports, and entertainment. This group includes individuals with deep personal ties to the Buffalo Bills, as well as key connections to geographic areas important to the organization.
The Bills’ partnership with Arctos makes them one of the first NFL franchises to receive a private equity investment. Arctos currently has investments in several professional sports teams in the NBA, NHL, MLB, MLS and the Premier League.
“It has been an incredible journey to bring on board such an impressive and diverse group of limited partners, along with a respected private equity partner like Arctos, who has a long track record of success with professional sports franchises,” stated Terry Pegula, owner and CEO. of the Bills.
