Reply to Bloomberg Businessweek article on private equity and youth sports

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[quote=Anonymous][quote=Anonymous]https://www.bloomberg.com/news/features/2024-08-29/private-equity-targets-30-billion-youth-sports-industry?srnd=homepage-americas

Somehow this link popped up and I could read the whole article.  Essentially, the PE firm would seek to control the who experience of a major tournament event, along with managing entire leagues.     In the Cooperstown example, they control player housing, the tournament, the food and some onsite activities. Their expanded aim would be to catch 100% of the business to include resort style lodging, food and alcohol sales to parents, so they would be sure to return year after year.   They are taking over some leagues in rural parts of the country. I'd suspect it would not be feasible to take over leagues and venues in the more expensive parts of the country like DC, NY or SoCal.  Afterall, just ask STJ how hard it's been to develop anything outside of their established footprint.   [/quote]

Resort style lodging will be coming yo Raventek park before you know it.[/quote]

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