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re: Private equity engaged in purchasing university sports programs now

Posted on 12/6/24 at 8:32 pm to
Posted by KamaCausey_LSU
Member since Apr 2013
17080 posts
Posted on 12/6/24 at 8:32 pm to
quote:

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

Zero chance that someone could legally buy LSU.

TAF may be an separate entity but the Athletics department is is still a State entity managed by the LSU Board.
Posted by Tiger1988
Houston
Member since May 2016
29616 posts
Posted on 12/6/24 at 8:34 pm to
Could sell the naming rights to Tiger Stadium and Louisiana steals the money from the university. About right for La to pull some shite like that.
Posted by Batiger53
Member since Nov 2024
807 posts
Posted on 12/6/24 at 8:39 pm to
This is good news, brand names will be in demand by the investors regardless of their location.
Posted by Tigershine
New Orleans
Member since Dec 2015
1973 posts
Posted on 12/6/24 at 8:40 pm to
Virginia Slims for aTm. Maybe Victoria Secret. Heinz introduces a new product, Heinz 84
This post was edited on 12/7/24 at 5:34 pm
Posted by jafari rastaman
Member since Nov 2015
2491 posts
Posted on 12/6/24 at 8:41 pm to
If you do this and expose me to more product advertising, you have to at least field a more competitive team and give me the opportunity to buy better concessions for a lower price.
Posted by jcaz
Laffy
Member since Aug 2014
18764 posts
Posted on 12/6/24 at 8:45 pm to
Nah that’s bullshite. Someone in Congress needs to step up. This started with just helping college kids make some extra cash to buy a car or help mom and dad out.
All the tradition and allure of college football will be dead soon.
Posted by TexasTiger08
Member since Oct 2006
29067 posts
Posted on 12/6/24 at 8:49 pm to
quote:

If this happens, that will be my breaking point


Yup. That’s when I say “peace.”
Posted by JRook
South Florida
Member since Jul 2020
198 posts
Posted on 12/6/24 at 8:51 pm to
quote:

Blackrock for Tulane


Talk about a "Green" wave!
Posted by Wabbit7
Member since Aug 2018
2266 posts
Posted on 12/6/24 at 8:53 pm to
This is a fast track to the death of the sport. It’s happening faster than I thought possible tbh.
Posted by reauxl tigers
Tiger Woods Fan
Member since Aug 2014
9810 posts
Posted on 12/6/24 at 8:58 pm to
Money is the root of all evil. It never fails.
Posted by Fessface
Member since Sep 2019
276 posts
Posted on 12/6/24 at 9:07 pm to
Except the pros have a goal (Super Bowl), but CFB will be like triple-A baseball, and the only goal is based on self-interest, to get called up.
Posted by OlDirtyTiger7
Member since Sep 2017
636 posts
Posted on 12/6/24 at 9:28 pm to
Soon they'll be publicly traded on the NYSE. Shareholders will be able to vote to oust the head coach, and they'll sell new shares to dilute the stock and buy croots with the funds raised. The american dream.
Posted by misey94
Member since Jan 2007
32940 posts
Posted on 12/6/24 at 9:33 pm to
That may sound good to some programs on the front end, and things will likely look great early on, but once the PE starts looking for the exit, they will cut costs everywhere possible. It’s their typical playbook.
Posted by misey94
Member since Jan 2007
32940 posts
Posted on 12/6/24 at 9:37 pm to
quote:

TAF may be an separate entity but the Athletics department is is still a State entity managed by the LSU Board.


There are already nuclear option plans that would include football programs breaking away from the NCAA AND the schools. Unfortunately, this would be an easy entrance point for PE firms to get involved.
Posted by Madking
Member since Apr 2016
66136 posts
Posted on 12/6/24 at 11:46 pm to
Called it
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