"Today is not the day to go into the financial weeds" - Redrum - 08-25-2012
Which is Kalspeak for "I don't wanna talk about it."Â Â Don't want to talk about
what?Â
Debt.
So Kal patted itself on the back with the official declaration that its stadium was complete enough to again be the home of the Bearz
The good news is that Kal has appointed three Kal biz school profs to assist the university in figuring out how to pay for the damned thing. The bad news behind that is their mission: to examine all alternatives for raising money to pay for what they've already built. Because the financing plan is "multifacited and fluid" and "complex set of variables that will interact and change over time". And despite periodic assurances, the Endowed Seating Plan did not provide the sound underpinning they promised.
http://tinyurl.com/9tkp7xf
"Score one for the Kal PR department" - Redrum - 08-25-2012
Yep. The Kal PR department =Chron author and Bearz honk John Crumpacker
Re: "Today is not the day to go into the financial weeds" -
stan01 - 08-25-2012
Gotta love Tedford's quote about his only disappointment with the project: that the visitors' locker room (which used to be the worst thing in college football) has been remodeled.Â