I'll respectfully disagree
as one who has interacted professionally with PE firms for the past 25 years they are not looking to liquidate assets per the Wall Street Gordon Gecko model or the Barbarians at the Gate/KKR story.
With that said they ARE seeking significant returns in the short term (usually to satisfy institutional limited partners such as pension plans, university endowments etc.) and can often sacrifice what might be best to the Company in a time horizon longer then say 3 or 5 years.
Bottom line there will be big time pressure to deliver and if there was ever any remaining doubt that college athletics is purely a business, this will erase it. I don't see how this model can jive well with the purported goals of higher education.
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In response to this post by RJHokie)
Posted: 06/17/2019 at 12:43PM