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re: For those who question A&M's athletic revenue problem

Posted on 6/12/10 at 11:24 am to
Posted by arrakis
Member since Nov 2008
21168 posts
Posted on 6/12/10 at 11:24 am to
quote:

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.

That makes sense; not enough cash flow to service the debt.
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