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Report: Celtics sale could hit snag due to NBA private equity rules

Boston Celtics fans have spent the past six days getting themselves acquainted with the team’s reported new owner, Bill Chisholm.

Chisholm grew up on the North Shore, is a die-hard Celtics fan, but may not actually end up owning the team.

Wait, what?

That’s right. According to a new report from Axios’ Dan Primack, Chisholm’s deal to acquire the Cs from Wyc Grousbeck and his family violates an NBA rule regarding private equity funds.

Bill Chisholm, the club’s presumptive new control owner, has committed less money to the two-part deal than has Sixth Street Partners, according to three sources.