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Can Private Equity benefit college sports?
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[QUOTE="HtownOrange, post: 5306582, member: 622"] Does SU need liquidity? I have not seen any indications they do. SU is one of the few schools that runs their AD on a professional and respectable manner. The AD generally, in the black. The AD pays for scholarships outright for all athletes under scholarship. And usually pays surplus revenue back into the general fund. I ask because I don't want the thread derailed from the original purpose, nor that SU is looking into the matter or is running an irresponsible AD. To be clear, I started this thread based on many claims by FSU fanboys and statements by FSU's AD Alford. No positive information has been released to show the concept is progressing in any manner, which indicates that PE is not interested, at least under the current status of FSU, we can speculate as to the specific reason(s), but little more. I do not know nor do I think SU is actually looking into PE investment. Nor am I aware that the ACC, nor any other conference, is looking into the matter, though the SEC appears to object to PE investment under the current. The thread is an academic exercise in justification/application, practicality of PE in college sports. While I am against it in general, I am willing to look at all sides and be convinced otherwise. Thank you for your insights. [/QUOTE]
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