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Can Private Equity benefit college sports?
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[QUOTE="HtownOrange, post: 5599261, member: 622"] Agreed, that is why I am generally against PE involvement. A loan has a payback schedule and an end. PE ownership is indefinite and will include a buyback/buyout. This is also why I am not sure how the B1G schools were conned into the scheme to begin with. My only guess is that they intentionally avoided including finance and accounting professionals from the review as well as the now known providing only high level glossy reports to the BoTs. People responsible to actually weigh in on the deal broke it up. Compares to UU, I have no clue how anyone can consider that the UU personnel are properly and faithfully exercising their fiduciary duties. [/QUOTE]
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