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re: College Football Revenue
Posted on 8/27/15 at 7:33 pm to TexasAg13
Posted on 8/27/15 at 7:33 pm to TexasAg13
quote:
Very, very rarely are businesses valued on revenue. Does it provide scope as to how large the company is? Sure. But it is not a key element in deriving value
This is all true and very valid when discussing a business that's primary mission is to deliver a profit to it's owner or stockholders. However, we are discussing college football programs in this thread.
I want my college football program to spend every penny it makes trying to win as many football games as possible. As an alum and booster of LSU, I don't want them showing much, if any profit, as long as they aren't losing money.
The ONLY true value of Big 5 college football program is measured in Championships and Wins. Profit is way, way, way down the list.
Posted on 8/27/15 at 7:37 pm to Tammany Tom
I don't disputed your claim about an athletic department. But above I said I was referring to a business and the barner disagreed
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