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re: NY Post: Yankees selling 16% of team to private equity firm

Posted on 9/22/26 at 5:03 am to
Posted by Boodis Man
Member since Sep 2020
8582 posts
Posted on 9/22/26 at 5:03 am to
quote:

Welp that’s the end of that franchise. Nothing kills as quick as private equity


Exactly. Go ask Manchester United how that Glazer takeover worked out for them
Posted by Boomshockalocka
Member since Feb 2004
59970 posts
Posted on 9/22/26 at 7:30 am to
Not even a private equity deal
Posted by Boodis Man
Member since Sep 2020
8582 posts
Posted on 9/22/26 at 7:40 am to
quote:

Not even a private equity deal


not technically but the same playbook was followed. leveraged buyout, loading debt onto club, cutting costs (firing staff, lowering wages, etc), servicing debt instead of investing into the team etc
Posted by Mo Jeaux
Member since Aug 2008
65186 posts
Posted on 9/22/26 at 7:52 am to
quote:

not technically


Hey, let’s not let technicalities interrupt our private equity rage bait.
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