It is the best long term UF decision. Mac's 3 story facility at the opposite end of the practice field would be less efficient. Building taller is more expensive and harder to get around. The planned new 2 story facility will be 30,000 feet bigger than Mac's and the new one will be attached to the Indoor Practice Field unlike Mac's. More efficient long term.Good to hear. Certainly worth a 3 year wait to ensure a collegial design and better parking.
Tax dollars also paid for their Indoor and the recent upgrades to the stadium. Rick Scott helped them out with that and I wouldn't be shocked to see the state paying for this also.
Yeah but we've been saving money instead so we're going to be better when the Great Recession comes and Trailerbama goes out of business.Sp are they just smarter than us, or are we once again not willing to do what it takes to compete.
On March 6, FSU's Board of Trustees unanimously approved issuing up to $85 million in bonds to pay for an anticipated $79.5 million project to add a new premium outdoor seating section, make structural repairs, repaint the stadium and the update sky box suites.I'm not sure where your version of how they funded their Upgrade to their erectile set football stadium, but the official Gator story is they took every peco dollar allocated to them FOR TWO YEARS and spent it on that sh!thole. If I'm right f them, if you're right f you.
We dont save all our profits. We either give our over flow profits to the University to make UF better academically or put it in the recent upgrades or coach expenses. We do have conservative reserves as the UAA is run like a business and not like a spendthrift government. UF does take on less debt which does pay off when you hit a recession.Yeah but we've been saving money instead so we're going to be better when the Great Recession comes and Trailerbama goes out of business.
Exactly! We were the only football program to make it through the last eight years of recession!UF does take on less debt which does pay off when you hit a recession.
Around every ten years the US gets another liquidity crisis and the last one was 10 years ago. The problems are getting worse over time as the global debt bubble is off the charts. Fortunately the UAA spends like business men and not politicians. How much debt and reserves you have when it hits counts.Exactly! We were the only football program to make it through the last eight years of recession!
I've read that last graph three times and I still don't know what you're trying to say.Around every ten years the US gets another liquidity crisis and the last one was 10 years ago. The problems are getting worse over time as the global debt bubble is off the charts. Fortunately the UAA spends like business men and not politicians. How much debt and reserves you have when it hits counts.
We are spending now so it is not like we are idle. We just do it with less debt. UGA has also done things with less debt and they are very healthy. The key is hire the right head coach. Because UF was not in high debt we could financially survive our last 2 failed coaching hires and give money to the school.
Oh so it isnt a Great Recession we are worried about but a Really Really Great Recession?
We are ready for that.
So the whole world is ending and we wont give a damn bout sports anyway then?
On March 6, FSU's Board of Trustees unanimously approved issuing up to $85 million in bonds to pay for an anticipated $79.5 million project to add a new premium outdoor seating section, make structural repairs, repaint the stadium and the update sky box suites.
FSU is more out of the way and you need to get a hotel to see games and they are not cheap. A recession will push people towards watching the game on TV and not contributing. The new tax law takes deductibility away from seat donations which is another straw on the back of big stadium debt.All this expansion is to accommodate the uptick in attendance from "the coming of age" of so many illegitimate children of former Nole players.
FSU is more out of the way and you need to get a hotel to see games and they are not cheap. A recession will push people towards watching the game on TV and not contributing. The new tax law takes deductibility away from seat donations which is another straw on the back of big stadium debt.
Governments borrow with no intentions of paying back. The UAA is private and has to pay back.And do the expansion-minded ever give such thinking sway ?