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CrystalCoveHokie
Joined: 01/01/2005
Posts: 18,367
Likes: 26,491
CrystalCoveHokie
Lifetime

I was really just thinking about deductibility of donations

Posted: 05/22/2024 at 04:47 PM ET
(In response to this post by Big12 guy)

Thread Replies (41)

Full Thread →
Private Equity should be signing up select schools soon. Free WSJ article
VintonHokies • 05/22/24 10:46 AM ET
Semihole involvement doesn't enhance their credibility.**
saret • 05/23/24 09:19 AM ET
Sports radio in Raleigh insights.on how it may work
mjfhokie • 05/22/24 10:44 PM ET
That doesn't seem like a deal at all worth pursuing for PE
Pylons • 05/23/24 09:29 AM ET
WRONG MATH: They get paid back ALL their money at a high interest rate...
jesuisvtguy • 05/23/24 09:42 AM ET
Well, the scenario I responded to wasn't
Pylons • 05/23/24 09:58 AM ET
I'm reading the perpetuity continues AFTER money is paid back..
jesuisvtguy • 05/23/24 12:19 PM ET
No.
Pylons • 05/23/24 12:33 PM ET
Sounds like a deal.........
2hhoop3 • 05/22/24 11:01 PM ET
College Athletics are becoming more and more goFundMe's and kickstarters...
jesuisvtguy • 05/22/24 07:34 PM ET
What could possibly go wrong? 🤷‍♂️**
Stech • 05/22/24 04:57 PM ET
Odds that FSU is first school to sign up? Ha. Would Weatherford have to
VintonHokies • 05/22/24 06:24 PM ET
Describe how an equity firm makes "a ton of $" from a school
Pylons • 05/22/24 06:54 PM ET
It's the perfect business! You don't pay the employees! ... Oh, wait.**
Truthahn • 05/24/24 12:23 PM ET
Not sure but isn’t that a PE’s goal? A return on investment. REI**
VintonHokies • 05/22/24 07:19 PM ET
Of course that's the goal
Pylons • 05/22/24 07:56 PM ET
I'm not sure of the NCAA policy/voting process schedule, but there has
VT757to276 • 05/22/24 03:52 PM ET
Just wait til sovereign wealth funds join in! **
Va AandM • 05/22/24 02:32 PM ET
What a bad idea.
wwhokie1 • 05/22/24 02:24 PM ET
So now you'll have a Private Equity and other shareholders making school
HokieToph • 05/22/24 01:02 PM ET
Except there are no shares to hold
Pylons • 05/22/24 05:49 PM ET
you aint' seen nothing yet my friend**
MrBayAreaHokie • 05/22/24 01:16 PM ET
This just strengthens the reality of the strong getting stronger
GCHokieof91 • 05/22/24 12:40 PM ET
There goes the 501(c)(3), and the end of not for profit college athletics. **
Big12 guy • 05/22/24 10:51 AM ET
Athletics doesn't hold that status to lose it**
Pylons • 05/22/24 05:50 PM ET
Question for you.......
2hhoop3 • 05/22/24 02:12 PM ET
Tongue in cheek for the "power" football schools, but the implications
Big12 guy • 05/22/24 02:31 PM ET
If what you assert.....
2hhoop3 • 05/22/24 02:43 PM ET
I agree that they will find ways to survive
HokieAl • 05/22/24 03:08 PM ET
I hope it's a competitive solution where coaching and
Big12 guy • 05/22/24 03:12 PM ET
Currently, public athletic programs of most, if not all FBS
Big12 guy • 05/22/24 02:55 PM ET
Which AD's are separate legal entities? News to me.**
Pylons • 05/22/24 06:56 PM ET
While Congress may.........
2hhoop3 • 05/22/24 04:02 PM ET
In that matchup, academics lose in the first round**
HokieAl • 05/22/24 06:02 PM ET
I'm all for the entertainment you suggest.**
saret • 05/22/24 04:11 PM ET
Is the fuse already lit? I'd pour a few drinks to watch that unfold. **
Big12 guy • 05/22/24 04:08 PM ET
It should be ended for colleges generally**
CrystalCoveHokie • 05/22/24 01:43 PM ET
It's the donations that should concern the schools. There
Big12 guy • 05/22/24 01:53 PM ET
Im not really concerned about that…..I’m more concerned about….
CrystalCoveHokie • 05/22/24 02:28 PM ET
FWIW I believe some states have laws written in such a way that taxpayers'
VTHokie2000 • 05/22/24 06:39 PM ET
That is another issue for the publics, as the schools are subsidized by the
Big12 guy • 05/22/24 02:33 PM ET
I was really just thinking about deductibility of donations** ◄
CrystalCoveHokie • 05/22/24 04:47 PM ET