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The Independent UK

National

Via AP news wire

Private investment firms partner to potentially cash in following sweeping changes in college sports

CAS RedBird Capital

Copyright 2023 The Associated Press. All rights reserved.

With college sports on the verge of sweeping change that could have long-term financial implications, two private investment firms have created a platform to help athletic departments find funding.

RedBird Capital and Weatherford Capital announced Wednesday the creation of Collegiate Athletic Solutions, which is trying to cash in on a college sports landscape that’s facing significant upheaval.

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