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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How are they paying all these staff and coaches with zero registration fees coming in? Whose funding it?[/quote] Private Equity [/quote] Even for a small startup club, private equity can push things in the wrong direction. Instead of focusing on building a solid, community-based program (as they are claiming to want), there’s pressure to grow fast and make money, which can mean higher fees, cutting corners, or prioritizing more profitable players and teams. That will make it less about developing kids and more about business. See : VRSC. [/quote] I’m sure they’re going into this not expecting to turn a profit for a year or two. That’s how you start a business.[/quote]
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