SEC Commissioner Discusses Big 12 Private Equity Investment

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SEC Commissioner Greg Sankey’s comments on private equity in the Big 12 spark mixed reactions from fans.

[Wilner] SEC Commissioner Greg Sankey spoke on the idea of the Big 12 taking private equity investment: "In my experience, those involved in private equity want to be paid back."
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Summary

  • Fans express skepticism over the private equity investment in the Big 12.
  • Sankey’s statement on investors wanting repayment raises concerns about financial motives.
  • Confusion arises regarding the exit strategy for private equity in collegiate sports.
  • Some fans make humorous predictions on the potential outcomes of the investment.

Investor Skepticism

One fan humorously states, ‘Greg Sankey Brilliant Maxim #1: Investors want a return.’ This encapsulates the fans’ skepticism towards the motives behind private equity investments in sports.

Financial Concerns

Another fan questions the exit strategy of private equity in the Big 12, highlighting the uncertainty and potential risks associated with such investments.

Humorous Predictions

A fan comically envisions a future scenario where the financial implications of the investment become evident, adding a lighthearted tone to the discussion.

Overall, fans’ reactions to Sankey’s statements reflect a mix of caution, confusion, and humor, showcasing diverse perspectives on the topic.