One of the major sticking points in the CBA negotiations, according to Jason Cole, seems to be the unions desire to see two years worth of fully audited accounts from each of the NFL teams. The league does not want want to give them any of this.
This leads me to ask, what sort of financial information to privately owned US company's need to provide to the IRS each year and how much of it is put in the public domain?
In the UK, all companies need to pubish fully audited accounts every year. So Malcolm Glazer, Randy Learner and Stan Kronke tell the world exactly how their football teams are doing financially every year along with financial updates every quarter. I can, and have done, purchase Manchester United annual accounts every year which gives me all the information I could possibly want. this costs me a couple of pounds for each year.
I am suprised that there is not a similar system in the US, or if there is, how much information do the unions actually want?