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UConn Athletics
Conference Realignment Board
The Private Equity College Sports Hellscape Thread
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[QUOTE="CL82, post: 5059296, member: 44"] Misleading headline. Here's a quote from the article.: [I]UNC athletic director Bubba Cunningham, however, says he isn’t interested in this form of financing—at least not now. He recently told Sportico that despite conversations with a half-dozen firms dating back to last fall, the school will not be taking money from (or selling equity to) any institutional groups in the foreseeable future[/I]. Cunningham goes on to say that he has cheaper access to capital. Although he doesn't specify, one would imagine that he's referring to state bonding which is likely to be far less expensive, and far less demanding, than private capital. The author of this article continually speculates about the imminent need for private capital for North Carolina, but none of the actual quotes support that. [/QUOTE]
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