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Message: [QUOTE="huskymedic, post: 5290398, member: 549"] [URL unfurl="true"]https://www.extrapointsmb.com/p/perhaps-it-isn-t-inevitable-that-private-equity-will-make-a-big-college-sports-splash-9f73?_bhlid=dd64673f3e6edcaa27dfb7b0d4cb74cbfbdf9b1a&last_resource_guid=Post%3Ae5a9ff0c-e61a-4d61-ab74-b73851191589&utm_campaign=perhaps-it-isn-t-inevitable-that-private-equity-will-make-a-big-college-sports-splash&utm_medium=newsletter&utm_source=www.extrapointsmb.com[/URL] -> So if you’re limiting yourself to strategic partners who can bring something [I]besides cash[/I] to the table, then you’re looking at a smaller number of partners. If you can’t make the deal worth it to that small number of investors, then you don’t have a deal. [I]Typically[/I], PE firms aren’t in the business of holding assets for years and years. It’s more common for an investor to come in, quickly grow revenues (or slash expenses, or both), and then try to flip that asset. If you don’t have direct influence on how the organization operates, it’s much harder to drive up profitability enough to quickly sell. The NFL doesn’t allow these institutional investors to make decisions…and it’s hard to imagine public universities would be willing to grant substantially more flexibility. After all…nobody wants to get blamed for letting Mega Capital Partners liquidate the women’s soccer program. <- [/QUOTE]