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DawgFromOxford
05-22-2024, 04:27 PM
Interesting read on the potential of new money flowing into college athletic departments https://www.sportico.com/business/finance/2024/collegiate-athletic-solutions-redbird-weatherford-college-sports-fund-1234779859/

Long story short: Private equity funds are looking at giving upfront money to college athletic departments in exchange for a percentage of revenue generated.

"The new venture plans to initially partner with five to 10 athletic departments, offering $50 million to $200 million to each."

Brobi-wan
05-22-2024, 06:22 PM
The company I work for does this sort of thing except we do it on the home market. It’s an interesting concept.

SPMT
05-22-2024, 06:30 PM
Interesting read on the potential of new money flowing into college athletic departments https://www.sportico.com/business/finance/2024/collegiate-athletic-solutions-redbird-weatherford-college-sports-fund-1234779859/

Long story short: Private equity funds are looking at giving upfront money to college athletic departments in exchange for a percentage of revenue generated.

"The new venture plans to initially partner with five to 10 athletic departments, offering $50 million to $200 million to each."

When you get private equity involved shit gets 17d up.

I predict some athletic department bankruptcy?s in the future.

DawgFromOxford
05-22-2024, 06:41 PM
When you get private equity involved shit gets 17d up.

I predict some athletic department bankruptcy?s in the future.

Definitely need to know who you?re getting in bed with

Dawgology
05-22-2024, 08:26 PM
When you get private equity involved shit gets 17d up.

I predict some athletic department bankruptcy?s in the future.

This. Private equity can get you f’d up quick. They are in it for the money and only the money. They will tank a business if there’s money to be made in tanking it.