Arthur Blank sold 10% of the Falcons, Atlanta United and some real estate and operating rights to Mercedes-Benz Stadium for a $3 billion valuation
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Owner Arthur Blank of the Atlanta United and Angela Macuga look on after the 2-0 win over the Portland Timbers during the 2018 MLS Cup between Atlanta United and the Portland Timbers at Mercedes-Benz Stadium on December 8, 2018 in Atlanta, Georgia.The billionaire cofounder of Home Depot has capitalized on the increase in value of sports teams and the success of the new stadium he operates.
—including the National Football League’s Atlanta Falcons, Major League Soccer’s Atlanta United, and some real estate and operating rights to Mercedes-Benz Stadium—for about $300 million, placing a $3 billion valuation on the assets. Limited partner stakes typically sell for steep discounts to controlling stakes because limited partners have no say in how the teams are run. The
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