ownership

Compared with private equity, private credit is less risky than direct ownership because the loans are collateralized against cash flows and assets, and cash flow is distributed monthly or quarterly.

Since 2021, more than two dozen of the 100 largest U.S. accounting firms have either sold an ownership stake to private-equity investors or been acquired by a firm that has done so.

But 15 years into Fenway Sports Group’s ownership of the club, these are the kinds of luxuries it can afford.

Collins says the ownership of Palmetto Bluff “consistently requested a desire for more golf,” thanks to growing membership and the need to accommodate hotel guests.

This isn’t a labor dispute where the league and its ownership can sit back and hope public sentiment turns on millionaire athletes.