https://x.com/MBakerTBTimes/status/1797980318072443234?t=HHYeV9eiHu2lM_xtzNM1Nw&s=19
So roughly USF is financing 200 mil @ $1,488,792 per month for 20 years after putting up close to $140 Mil. Okayyyyβ¦
Horton talking about the SEC. Will the SEC be there in 5 years after the P2 break away with 40 some teams taking all the money.
Geez!!!
Sounds like USF is going all in and praying for a P4 to save them
Thats wild.
I would rather be where we are with a small stadium and reasonable levels of debt.
Memphis destruction live stream
USF might be running up the debt faster than the federal government. Their fans didnβt like it the last time I asked why they had to finnace $200+ million even though they are βso wealthyβ.
Great article and shows why saying well X schools is doing it why cant we isnβt a good position to have.
Also to get the loan
βThe poor quality of the repayment stream is contradicted by the financial projections of the project, as the too-large-to-read spreadsheet (Figure 7) included line items for 1) the Athletic Department to use non-stadium revenues to repay the stadium loan, and 2) USFβs pledge of βDirect Institutional Supportβ and βAdditional Direct Institutional Supportβ to guarantee the payment of the loan/bonds.β
We couldnt do that even if we wanted to.
Boy, that demo will take forever!
I donβt like those stands or sticking them in the end zone, but the rest of that is cool.
Iβd still much rather have the students behind the visiting bench giving them hell.