Colts owner Carlie Irsay‑Gordon confirmed that the franchise is not looking to sell a stake to private equity at this time. The Irsay family, who inherited the team from their father Jim, said they have no intention of pursuing such a deal now.
However, Irsay‑Gordon noted that the team’s Lucas Oil Stadium, nearly 20 years old, may need significant renovations. She said private equity could be a tool to diversify funding if the Colts decide to upgrade the venue.