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Giants Co-Owner Steve Tish Transfers Stake to Trust Amid Epstein Scandal

 Embattled Giants Co-Owner Steve Tish has moved his stake in the franchise into a trust that will allow his siblings to transfer co-ownership to their children without facing backlash from fellow NFL owners. The move essentially ends his ownership stake in the franchise. 

Currently Tisch and his family own 23.1 percent of team. If the transfer is approved by the League, they would own no portion of the Giants, according to Pro Football Talk. 

According to the New York Post: The Tisches had already put most of their 45 percent ownership share into the trust, and only hold about 10% of the team directly. The move would leave the elder Tisch siblings with no direct ownership of the team if the NFL’s finance committee approved the move, first reported by ESPN. 

Oddly enough Tisch will still remain a power on the Giants, holding a seat as chairman of the Giants board, while siblings Laura and Jonathan will hold seats as director and treasurer. 

Tisch is under severe pressure after his name came up over 400 times in Department of Justice documents tied to Jeffery Epstein. The emails are both crude, lewd and down right embarrassing for the Hollywood film producer and billionaire. 

 

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