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Generally when the numbers.........

are questionable in a rough first pass they do not get better when a sharper pencil is used for a deeper dive. The other generalization is PE guys are sharks, the kind that do the hunting and eating, rather than getting eaten like all the regular fish. The last thing is a take off on the old adage that when you're looking around the room trying to identify who the dumbest guy in the room might be it is wise to take a long look in the mirror to make sure it is not you. The money guys are able to spin fanciful tales that that have their prey seeing stars all the while stealing their prey's pants while they are still wearing them.
Posted: 06/13/2024 at 10:23 PM ET
(In response to this post by RJHokie)

Thread Replies (19)

Full Thread →
PE wants up to a 20% ownership in the Big 12
VintonHokies 06/13/24 11:21 AM ET
Anytime private equity comes in, bankruptcy usually follows.**
tarheelblue 06/14/24 08:43 PM ET
The recent Red Lobster fiasco is a great example of why PE is a bad idea
HokieNoVA 06/14/24 10:25 AM ET
The “Good Hands” Conference**
Millpoint 06/14/24 05:05 AM ET
Looks Like a Short Term Fix
WarHog38 06/13/24 09:27 PM ET
Going to need a whole lot more.......
2hhoop3 06/13/24 06:17 PM ET
The P4 cant mess this up fast enough. Really bad idea among so many others
HboroughHokie 06/13/24 06:01 PM ET
When Texas and Oklahoma announced their departure, the B12
Big12 guy 06/13/24 03:41 PM ET
It’s good if you’re expecting the alignment bubble to crash in 6-8 years.
hokieZ71 06/13/24 05:44 PM ET
IF this deal goes through, I'd look for eventually bad and ugly. But
ancient alien 2018 06/13/24 04:29 PM ET
Ya, my knee jerk is this is NOT a good idea - but when I
Big12 guy 06/13/24 05:08 PM ET
Seems to me that would be a short-term financial windfall, but a long-term
wwhokie1 06/13/24 02:42 PM ET
There is no viable exit strategy for either party.
VT ChemE 1986 06/13/24 01:10 PM ET
Either the PE firm believes.......
2hhoop3 06/13/24 07:04 PM ET
Looks like Big 12 is also close to a deal with Allstate for naming
VintonHokies 06/13/24 02:39 PM ET
A few thoughts...
SMU Pony 06/13/24 09:56 PM ET
These are really good points.
RJHokie 06/13/24 10:04 PM ET
Generally when the numbers.........
2hhoop3 06/13/24 10:23 PM ET
I think this is a bit crass, but it is going to happen all over college
33laszlo99 06/13/24 03:25 PM ET
When it is the ACC's time to come, I hope they pursue the situation with
FLKEYSHOKIE 06/13/24 04:37 PM ET