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re: For those who question A&M's athletic revenue problem
Posted on 6/12/10 at 11:12 am to FrogKiller
Posted on 6/12/10 at 11:12 am to FrogKiller
If all this is true, why did A&M's athletic dept have to borrow $16M from the school's general fund to pay it's bills? Something doesn't add up.....
Posted on 6/12/10 at 11:18 am to arrakis
This "debt" was blown out of proportion to a degree. Most of that has already been eaten up by private donations.
A large portion of that debt was also due to us taking on too many projects at 1 specific time.....25 million dollar basketball practice facility, renovations, 10 million dollar football practice facility, 10 indoor track facility etc etc.
There are a few other factors and I will post them later on this weekend. I dont think anyone should get the impression that A&M constantly runs in the red and has some major financial problems because it really just isnt the case.
A large portion of that debt was also due to us taking on too many projects at 1 specific time.....25 million dollar basketball practice facility, renovations, 10 million dollar football practice facility, 10 indoor track facility etc etc.
There are a few other factors and I will post them later on this weekend. I dont think anyone should get the impression that A&M constantly runs in the red and has some major financial problems because it really just isnt the case.
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