Iâm guessing Pernetti has been waiting on a P4 to do this first before the American takes the plunge as well.
âFinancial stabilityâ 
How do they even mention academics with a straight face.
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Ok now itâs private capital.
private equity is selling a stake of ownership.
private capital is just a loan that doesnât have to go through normal lending process with a commercial bank.
I think.
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From Matt Brown of Extra Points:
If the purchase agreement contains a bunch of control features, itâs splitting hairs.
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As a guy that works for a company owned by a PE bunch, theyâll find a way to ruin the product. Soooo, good for the Big 10. Have at it boys. I look forward to seeing how this works out for them.
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Going to be interesting to see what kind of deal Pernetti gets for the American. From his recent talk, that could happen fairly soon.
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PE does not invest to keep things the same way, they expect to be in charge
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Wasnât quite sure where to put this but since it has to do with money, seems apropos to park it here.
https://x.com/SBJ/status/1975218311987126297
Interesting that incoming UNC-CH AD comes from NASCAR and now this new ACC exec also has a motorsports background, as well as time in the NBA.
Interesting that this FOS âexclusiveâ hasnât been picked up anywhere else that Iâve been able to find. Certainly not welcomed by a number of league commissioners, including Pernetti. FWIW likely DOA in this Congress.
Knew that Michael Baumgartner sounded familiar. Disgruntled Wazzu alum.
This bill definitely DOA. 
clt says we need bo ritos on our jerseys