US Markets
Home›US Markets›M&A & Deals›Private equity interest in college sports faces school…
Private equity interest in college sports faces school caution
Athletic programs are seeking new funding, but many schools are approaching private equity deals carefully.
The New York Times reports that private equity firms are showing growing interest in investing in college sports as programs look for additional funding.
Despite the financial pressure many athletic departments face, the outlet says schools are proceeding cautiously and wary of striking deals with private equity.
The report highlights how the urgency for money is colliding with concerns about how such investments could affect schools and their athletics programs.