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Private equity engaged in purchasing university sports programs now

Posted on 12/6/24 at 6:31 pm
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28288 posts
Posted on 12/6/24 at 6:31 pm
This is going to be an even bigger cluster frick than we thought possible.

Posted by tiger81
Brentwood, TN.
Member since Jan 2008
20330 posts
Posted on 12/6/24 at 6:32 pm to
Make it stop....
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28288 posts
Posted on 12/6/24 at 6:35 pm to
Going to be tough to compete when Florida State and North Carolina get a billion dollar plus capital injection to pay for upgrades and athletes.
Posted by tiger81
Brentwood, TN.
Member since Jan 2008
20330 posts
Posted on 12/6/24 at 6:38 pm to
The whole thing will collapse going down this road....fans will give it up eventually and just follow the pros. It'll be the same thing.
Posted by Fightin Okra
Member since Nov 2016
5943 posts
Posted on 12/6/24 at 6:39 pm to
Or play golf or go fishing instead
Posted by dstone12
Texan
Member since Jan 2007
35556 posts
Posted on 12/6/24 at 6:39 pm to
So



Which entities buy which universities?


Bud Light for aggy?
Forever 21 for Mizzy?


Posted by wileyjones
Member since May 2014
2605 posts
Posted on 12/6/24 at 6:41 pm to
but universities will still con fans into monthly subscriptions
Posted by ProjectP2294
South St. Louis city
Member since May 2007
73966 posts
Posted on 12/6/24 at 6:42 pm to
If this happens, that will be my breaking point.
Posted by TigerMonkey7
Member since Jul 2021
3218 posts
Posted on 12/6/24 at 6:42 pm to
How can you buy a CFB team?
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
28288 posts
Posted on 12/6/24 at 6:43 pm to
quote:

Bud Light for aggy? Forever 21 for Mizzy


Public Investment Fund for Alabama
Apollo for Michigan
Blackrock for Tulane
Posted by Swagga
504
Member since Dec 2009
17447 posts
Posted on 12/6/24 at 6:45 pm to
quote:

If this happens, that will be my breaking point.


Yup that will be the end for me. Soon enough the saudis will own a college football team like they got their way into golf.
Posted by GeauxFish31
Member since May 2024
1484 posts
Posted on 12/6/24 at 6:48 pm to
Everyone has nothing to worry about, the NCAA has everything under control.
Posted by nicholastiger
Member since Jan 2004
50785 posts
Posted on 12/6/24 at 6:49 pm to
And then they will up charge our tickets
Lose the fan base and see what happens to the product
Posted by semjase
New Smyrna Beach FL
Member since May 2014
12878 posts
Posted on 12/6/24 at 7:03 pm to
quote:

Which entities buy which universities?


Bud Light for aggy?
Forever 21 for Mizzy?
KFC/Popeyes/Canes for the University of LSU. (AKA LSU University)..........
This post was edited on 12/6/24 at 7:07 pm
Posted by jorconalx
alexandria
Member since Aug 2011
9812 posts
Posted on 12/6/24 at 7:06 pm to
quote:


Or play golf or go fishing instead



Yep, last year for me as a season ticket holder. My kid graduates from LSU in May, they will have gotten the last dime from me at that point
Posted by WDAIII
Member since Aug 2020
4205 posts
Posted on 12/6/24 at 7:10 pm to
This is a great idea. Tate needs to get on the horn right now with Houston based Friedkin group. We'd fit nicely into their portfolio. They already own AS Roma and a second division English club
Posted by OceanMan
Member since Mar 2010
21514 posts
Posted on 12/6/24 at 8:15 pm to
“Actively trying”

Nobody owns these programs. Incredibly stupid bullshite.
Posted by jrbjr
New Orleans
Member since Oct 2006
282 posts
Posted on 12/6/24 at 8:28 pm to
That’s crazy talk!!!
Posted by One Arm Steve
Peach State
Member since Sep 2022
578 posts
Posted on 12/6/24 at 8:29 pm to
PE firms care about literally nothing other than returns or exiting for higher multiples.

Who would be on the other end of this transaction? Schools? Other PE firms? How the F would this even work.

Posted by 6R12
Louisiana
Member since Feb 2005
10574 posts
Posted on 12/6/24 at 8:30 pm to
Sickens me
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