Arrived, a Seattle-based startup, is exploring the possibility of enabling Seattle Seahawks fans to invest collectively in the team. As franchise values soar, the company aims to create a special investment vehicle that would allow fans to contribute to a fund targeting a stake of 3% to 10% in the Seahawks, potentially amounting to a valuation of around $8 billion.
The initiative comes in light of recent reports suggesting a sale of the Seahawks may be imminent. Arrived, which is not affiliated with the NFL or the Seahawks, has launched a website for fans to express investment interest and learn more about potential involvement, reflecting a growing trend as the NFL now permits private equity funds to acquire team stakes.
CEO Ryan Frazier emphasized the company's aim to replicate its residential investment model, which requires a minimum investment of $100, to make team ownership accessible for fans. He envisions uniting over 100,000 supporters to enhance the fund's viability, thereby creating opportunities for minority investors alongside a lead owner.
While there have been discussions regarding the late Paul Allen's wishes for the team and his estate's potential sale strategy, Jody Allen, his sister, has recently denied that any sale is imminent.