💬 Quoted: "All it is is a silent position that would allow access to capital.”

• NFL owners channeled Cuba Gooding Jr. yesterday, voting 31-1 to alter the league’s ownership rules to allow private equity firms to show them the money and purchase minority stakes in franchises. However, the private equity fox isn’t quite allowed all the way in the henhouse (at least not yet) – these new rules have numerous guardrails in place to prevent private equity funds from influencing daily operations, including a 10% cap on ownership and an investment holding period of at least six years.

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🧾 Stat of the Day: Someone better call Ben Affleck – because America has an accountant problem. Since 2019, the overall number of accountants in the US has fallen by 18% to reach 1.6 million, per a recent Bloomberg analysis. And the trend shows no signs of slowing in the future. An estimated 75% of existing US accountants are at retirement age, while the number of new candidates who took the CPA exam this year was the lowest since 2006.

🤔 Did You Know? The Magna Carta, issued in June 1215, was the first known document to put into writing the principle that the king and his government was not above the law.

📰 Worth a Read: How to Strengthen Your Happiness Muscle → (NY Times)