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[QUOTE="FfldCntyFan, post: 5288107, member: 71"]
When all is said and done, if PE gets involved they'll end up bending the fans, the schools and anyone else with any interest in the games over and have their way with them.

I don't get why some of these schools think it won't happen to them but it will.

They'll be seduced by the idea of a massive amount of cash thrown their way and fall for a sales pitch on how the return to the PE firm will be based on revenue increases.  What they'll gloss over will be preferred returns and accumulated interest, which benefits the PE firm greatly if initial payments are slow (which may be required as part of the agreement if revenue projections are set with a future spike).

The schools are hearing "here's a couple billion dollars because we are fans and we want to see you make more money!".  They'll completely miss the part about the PE firm taking steps to ensure a return far above standard interest (as they would just execute secured loans if that was all they wanted as a return).
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