Private Equity equals directly money
Yeah...so what.
Do you realize what they're really discussing there?
These PE firms are going to be majority owners in the actual program.
ARE YOU KIDDING ME....
They want 51% ownership or more.
Moreover...what sense does this make?
They also state a team that brings in 100 million in revenue could fetch 500-750 million as a controlling purchase price.
Well..let me tell ya...
they are way light on a lot of these teams including our beloved. Who I would appraise as the highest of franchises in the sports world...not just college football.
We have so much history and that alone makes up worth billions, and the blue sky is endless.
Regardless we aren't talking about ND here selling it's soul for rock n roll but...
Other teams...selling controlling interest of their football program is utterly absurd.
Where does any of this end? When do they decide to strong arm local govt for a bigger and prettier stadium with the threat of leaving town.
How does that work? Well...since it's the wild west nobod said a team has to play on campus.
