Must Listen: Private Equity will soon be entering college sports space as owners part 1
Private Equity will soon be entering college sports space as owners of college teams
For years and years these college Football programs have been supported by The university with the idea that if you Build this it's going to be better news For the academic side of the equation on Things that you will have alumni who are More willing to give back to the school Is is it robbing that entire agreement Of what was supposed to be there these Are just professional sports teams at This point you and I were talking about It before the break this is the gradual Thing that we've seen for more than a Decade where they've just become Professional sports teams but always the Argument has been at the University Level why should we invest in these and The argument back has always been you do It because it builds for the University Strength and the academic investing that We could do down the road if if if You're now selling it to private Equity At a majority stake 51% and you no Longer will be the controlling partner In any of this how in the world can you Say that everything you've ever spent Has been for the good of the academic Side of things the flip side of that Argument and I don't disagree with Anything you said is that
About Author
