WildUte University: How Private Equity can be Used by FSU

The College Football Mafia Network Presents...
WildUte University: How Private Equity can be Used by FSU
Join WildUte and Moen as they take a brief look at how private equity can be setup and managed by Florida State.

[@Mr.Ed_Wayner]

Barcelona FC is doing something similar to be able to buy players while dealing with big debts.

[@wildute6958]

Yep, that’s the same model here. This situation is fluid and there is a lot of legal complexity with FSU’s public status.

[@timothygreen7708]

Great content very Informative,

[@nolecab5038]

Good info, thanks for the breakdown!

[@antwauncodes]

Great analysis as I always.

[@wildute6958]

Much appreciated! 🙏

[@jenifersantinole]

Love it

[@wildute6958]

Thanks Jen! Only use this solution if FSU loses the court case. It’ll be expensive.

[@paulclifton655]

I see a small rear helmet decal in the future 😎🔴🟡💪🏼🍢

[@wildute6958]

It reads FSU is B1G

[@morrissimmons]

We are funding NIL, Players only facility and stadium renovation for 2025 completion.

[@Mr.Ed_Wayner]

Doesn’t FSU have enough rich donors to fund their ACC exit fee?

[@TheOtherGygax]

Not to the tune of $150-250M. FSU is doing a $265M stadium rebuild. That does tie up a lot of money.

[@wildute6958]

Yeah, the donors are probably too busy finding NIL.

[@505premoto]

Excellent presentation. One small correction on the repayment graphic. Fox gives the money to B1G who, in turn, gives the money to FSU, not the other way around.
One further clarification: Typically, private equity firms charge 1.5% a year for loan servicing. So if FSU gets out of the Wine and Cheese Conference for $150m, which many people think will be the exit fee, they would owe $2.25m a year. That is small potatoes in the big picture. FSU would still owe the $150m for the loan. If they paid $15m a year to pay off the loan, they are still way ahead from where they were in the other conference. If FSU gets say $70m a year and rising to over a $100m from the B1G, minus the $17.25m paid to State Street, that leaves them with $52.75m compared to the $36m from the other conference. And, if they sell naming rights to the stadium for half of that $17.25m, they are way ahead. Once the payout rises to $100m, waaay ahead.