It depends on who is doing the firing. In essence the owners purchase part of a franchise, like owning a dunkin donuts, you buy from the central company but you set all the salaries etc. and keep all the profits from your chain. If the commissioner Roger Goodel deems an owner is unfit to have a team (violation of the rules, such as gambling), they lose the team but still retain the rights until it is sold, so they are out of football but they can still sell their team. Some teams have multiple owners, so kicked out by the other owners is possible, if 51% or more of the shareholding votes for it the party can be forcible bought out. The team has no say, nor do the fans. The team is employees, and the fans are just customers
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