Boehly was previously named as a Broncos bidder, but it was unclear whether he was fronting the group or playing a smaller role. Representatives for the Broncos and Allen & Company, which was retained to sell the team, declined to comment. Eghbali declined to comment; representatives for Clearlake didn’t immediately return an email.
Eghbali and Feliciano would be investing personally, not via Clearlake Capital. The NFL is the last major U.S. league that prohibits private equity firms from owning even minority stakes in teams. League rules state that a controlling owner must hold at least 30% of the equity in a team, and that up to $1 billion in debt can be used for new purchases.
