That's the front page Daily Star headline in today's newspaper...
He says there will be layoffs of employees in the AU athletic dept and that season ticket prices will increase by 25% for both football and basketball...
All other Wildcat sports tickets will see increases as well...
As mentioned previously, AU athletics owes the university about $87 million in loans taken out in the recent past and the athletic dept has not paid back any of the loans so far...
Robbins added that they will now be using a different financial model for the university since it's become clear that they have over-invested in some colleges and units that have over spent...
I guess the new model will dictate that you cannot spend more than you make...
What a concept, huh...
Welcome to the real world...
Of course, most colleges and universities live in the real world and don't have a bunch of bureaucratic bloat in place everywhere you look, right..??
It will be interesting to see what happens when the state's universities meet with the ABOR in mid-December to talk about such things...
Hopefully, ASU will not have the same financial mismanagement story to tell at that time...Go Devils!!!
He says there will be layoffs of employees in the AU athletic dept and that season ticket prices will increase by 25% for both football and basketball...
All other Wildcat sports tickets will see increases as well...
As mentioned previously, AU athletics owes the university about $87 million in loans taken out in the recent past and the athletic dept has not paid back any of the loans so far...
Robbins added that they will now be using a different financial model for the university since it's become clear that they have over-invested in some colleges and units that have over spent...
I guess the new model will dictate that you cannot spend more than you make...
What a concept, huh...
Welcome to the real world...
Of course, most colleges and universities live in the real world and don't have a bunch of bureaucratic bloat in place everywhere you look, right..??
It will be interesting to see what happens when the state's universities meet with the ABOR in mid-December to talk about such things...
Hopefully, ASU will not have the same financial mismanagement story to tell at that time...Go Devils!!!
