Football Big Ten Conference discussing $2 billion private capital deal

[WillieTheSilent]

it’s inevitable. There’s billions and billions involved. PE core strategy is to have active control of the business in some form.
Please please take professional college sports away from college buffoons. They are in way over their heads now.

These "buffoons" built it into what it is now. Just like so many "buffoons" built their companies before the PE guys came in to strip it bare and rape what those "buffoons" built.

 

[WillieTheSilent]

The PE MO is to leverage up the business then pay your team massive bonuses and eventually drive it into insolvency

And they pay/bribe a few people involved in selling out to the PE guys to get it all going. I'm sure some HQ personel and maybe some states politicians and AD-office types and lawyers will move over to the PE firm for their paydays while the vampires feed.

Why don't we just corporatize and IPO this whole thing.