New minority investor joins 49ers’ ownership group

The ers ownership group added a new member Wednesday as the club reported Pete Briger Jr would be joining with a minority stake in the franchise The deal was approved at Wednesday s NFL league meeting and the organization emphasized in its release that Briger s family including his wife Devon would be welcomed into the organization The crew which is controlled by the York family and CEO Jed York did not say what stake the Briger family would hold Sportico published back in May that the unit was seeking approval for a sale at a valuation above billion I d like to welcome Pete Devon and the Briger family to the San Francisco ers revealed Jed York CEO of the San Francisco ers Alongside my family and our existing owner partners we know the Briger family shares our unwavering commitment to the long-term success of this organization and creating unforgettable moments for our fans Related Articles McCaffrey named NFC s offensive sportsman of week after ers win over Falcons Frank Gore s Hall of Fame bid advances to next round Pro Bowl moves to Bay Area ahead of Super Bowl LX Safeguard planning for Bay Area hosting Super Bowl and World Cup weighs grim specter of terrorism Seifert who helped the ers win four Super Bowls among final coaches for Pro Football Hall of Fame class Briger who lives in Menlo Park is the executive chairman of publicly traded financing firm Fortress where he has worked since I m honored that the Briger family is joining the ers ownership group For my family and millions of other fans this iconic franchise represents far more than football it reflects the legendary excellence and resilience of the Bay Area Briger revealed in the ers release