Why would a PE firm......
buy the entire athletic department? Even the most profitable departments do not have P&L's that would excite them. Divesting/ceasing non-profitable sports to improve the P&L comes with a variety of potential challenges. Finally, just a general question, how many PE deals work out well for others beside the PE firm? They're generally(not all) blood sucking leeches that strip the carcass for quick cash returns from asset sales, dress up the cadaver and foist it upon naive investors in an IPO or other transaction while parachuting out of the deal with nice total returns.
Thread Replies (5)
Interesting conversation on ESPNU radio this morning - Full Ride....
-- 133193Hokie
Feb 27, 2024 at 06:07 PM ET
133193Hokie
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02/27/24 06:07 PM ET
The good PE firms trim the fat, and are turn around specialists. The end
-- Big12 guy
Feb 28, 2024 at 08:35 AM ET
Big12 guy
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02/28/24 08:35 AM ET
"Good" PE firms are only about short-term profit for themselves
-- VTDC
Feb 28, 2024 at 01:30 PM ET
VTDC
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02/28/24 01:30 PM ET
Could you imagine a bunch of bowtie wearing academic weenies
-- mancunian
Feb 28, 2024 at 10:01 AM ET
mancunian
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02/28/24 10:01 AM ET
Could you imagine this stuff trading on the open market? **
-- Big12 guy
Feb 28, 2024 at 10:27 AM ET
Big12 guy
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02/28/24 10:27 AM ET