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[QUOTE="billybud, post: 5008349, member: 3850"] While I am not a financial guy at all...There is a misunderstanding, I think, of how some so called private equity funding is being viewed in terms of CFB funding...The groups that were mentioned in a link anyway....(Wetherford Group, etc).. It's private credit that they are offering. They're not taking an ownership stake (equity) but are instead taking a percentage of the upside in basically what amounts to an annual distribution. where if true private equity, they might take annual distributions, but also take an equity ownership position. There are other ways to fund...UCF is receiving $88 million from Orange County to improve their stadium... Orange County gets the $$ from soaking tourists... [I]Tourist Development Tax revenue is amassed through tourism funds coming into Orange County, specifically a 6% tax on hotel stays and other short-term rentals in the county. The funds are then redistributed to fund tourism-related expenditures, such as sports venues, convention centers, the arts and other facilities that in turn promote more tourism within Orange County. The $88 million grant will be drawn from excess revenues of the Tourist Development Tax over the course of nine years. [/I] [/QUOTE]
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