PE Firm Pitches Taking FCS Football Playoff Private
On Tuesday, Sequence Equity presented a plan for a privatized FCS College Football Playoff, Front Office Sports has learned.
investment firm Sequence Equity was the group behind a pitch made to FCS commissioners about a privatized FCS Playoff this week, according to Front Office Sports’ Amanda Christovich, who adds more, “According to the proposal, the new playoff would be run by a new private entity. FCS conferences would own the majority of the new entity, but Sequence Equity would take a minority stake and offer ‘tens of millions of dollars in investment,’ the source said. [...] It’s unclear when this entity could get up and running, as the concepts are still in the educational and discussion stages. But sending the proposal to the NCAA for discussion was described by the source as the next step.”