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Audit Reveals Utah Football Is Running Out of Money Due to Private Equity Disaster...
The intersection of college athletics and corporate finance has claimed its first major casualty, and the warning signs are flashing bright red in Salt Lake City. The University of Utah’s aggressive gamble to become the first athletic department in nation to secure a private equity deal has rapidly devolved into a structural disaster, drawing intense political scrutiny and forcing widespread internal panic.
When Utah announced a massive, multi-million-dollar partnership with Otro Capital, leadership pitched the deal as a progressive, frontier-carving move to dominate NIL and secure long-term…
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