This agreement resulted in inefficiencies due to the inherent conflicts of interest faced by the four partner companies; they were both shareholders and subcontractors of the consortium. In England, it is common for a consortium to buy football clubs in financial difficulty to protect them from liquidation. [Citation required] The Big Ten Academic Alliance of the Midwest and Central Atlantic of the United States, the Claremont Colleges Consortium in Southern California, the Five College Consortium in Massachusetts, and the Consórcio Nacional Honda are among the oldest and most successful university consortia in the world. [Citation required] The Big Ten Academic Alliance, formerly known as the Committee on Institutional Cooperation, includes members of the Big Ten Athletic Conference. Five Colleges, Inc. participants . . .