Utah partnering with a private equity firm.
- Thread starter DesotoCountyDawg
- Start date
This can only result in lower ticket prices and lower debt load for the university**
Up to this point, I haven't been one to whine and sob alongside the "I'm done with college football/basketball" crew, but I think I'm about done with college football/basketball
Those PE guys might learn some lessons about ruthless business practices from the Mormons.
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The church is the richest church in the world. That's a tall order to accomplish.
I wish we’d try something cutting edge like this. What do we have to lose? Let a Saudi Prince own our athletics. Man City fans seem to be having fun.
1000000000% agree. Helmets will be manufactured by one of their other holdings and 3 minutes into a game start melting in a rainstorm.
With the possible exception of The Church of Scientology, but yes, they are very wealthy
I guess that means the PE can gut the coaching staff for some up and comers willing to work for a lower wage? Or they can lay off some and tell an OC they can just absorb O-line and receivers duty?
Just wait until the Scientologist get into coaching football.****
With as many wives as they all have, you would think that they would all be flat broke. Shopping on Amazon must be forbidden....
Wat?
How is the Catholic Church not exponentially wealthier?
Is this some asterisk type stat where the Catholic Church's vast land, hospitals, educational institutions, etc etc across the world arent even countable, or are viewed as being separate from one another based on region or Archbishop or whatever?
I admittedly know 0 about which church is bigger and it's a dick swinging contest that I want nothing to do with.
But since its been mentioned, just gotta say that I am shocked.
The LDS Church is one of the largest land owners in the United States. They own over 2 million acres. Most of that is farm land so it’s probably worth somewhere between 6-8 billion dollars.
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I've kinda been wondering why some of these billionaires financing the Collectives don't just try to set up an endowment. For about $1.5 Billion you could guarantee over $50 MM per year in revenue for NIL. That may not be enough in a few years, but it beats having constant fund raisers. Even a lower endowment would be nice, just to ensure a certain level of money available annually.
Of course, the Collectives still need to hold fund raisers, since they pay the athletes to promote the fund raisers.
Of course, the Collectives still need to hold fund raisers, since they pay the athletes to promote the fund raisers.
I think the Catholic Church is broken into separate area. The Mormon Church has around 17 million members. No one in the church get paid. All tithing money is invested in which the returns go to fund the church. When you see a new 20-million-dollar Temple built the church pays cash for it. There is no debt.
My question is, what regular fan is having fun at this point? Who is asking for more of this?
All this went well above everyone on heres pay grade. Except for Fishwater**
Ok, cool- interesting info. That tracks with one of my two guesses- the Catholic church has exponentially more wealth around the world, but it isnt centralized and basically can't be calculated.
Damn, now I have an odd topic to hyperfocus on and lose time over- the wealth of churches around the world.
You can start with Cam’s dad’s
Just wait until Disney and Netflix own the broadcasting rights to all collegiate sports...
If you think Mark Jones is awful, I can only imagine what that broadcast would sound like in a couple of years.
Wonder if the players will still be required to be students. We're likely heading to a minor league team representing the school, with no requirement to be a student, at least in football and basketball. Might still be limited to 4, maybe 5, years but that's it. That'll hurt the true student-athlete.
It also might hurt in terms of, who the hell wants to watch the 19 year olds representing WORLDWIDE UNLIMITED SPORTS FUN LLC play against the VISIONARY CAPITAL GLOBAL FUND team?
And if you see a new Catholic Church or church owned building being constructed, rest assured the congregation raised that money and has debt. The Vatican is not paying for any of it.
Interesting, I wouldn't have guessed that. What rights to the building etc does the Vatican/"central church" have?
In the United Methodist church, individual congregations raise money for new buildings/maintenance/etc but the property is held in trust by whatever conference (geographic region headed by a bishop) they are in. Which was a very big deal during the recent schism.
Prestige World Wide.....Starkville 17'n Wine Mixer!