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[QUOTE="billybud, post: 4997400, member: 3850"]
[I]"FSU has a lot of experience financing large expenditures and the Athletic Department is in a solid financial position to borrow at a very low interest rate without ceding any management control to a third party. FSU’s discussions with private equity firms likely will narrow in the future to a possible limited partnership involving an investment in FSU’s licensing activities by a party with expertise to boost the brand value of the Athletic Department. There have been similar partnerships in recent years, particularly in minor-league baseball, that have proven beneficial for ownership groups and private equity firms.

Over the past year, FSU’s athletic department, flush with positive cash flow, set in motion $503 million in projects that require bond financing. Resolutions approved by the State’s Division of Bond Finance in December 2023, identify two projects: $116 million for a new Football Operations Facility, and $265 million for renovations to the football stadium (e.g.., luxury boxes, premium seating areas, chairbacks for general seating areas)."[/I]
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First name of men's bb coach