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Youngbuc

Joined: 10/26/05 Posts: 668
Likes: 476


Ok all, there’s the money layout... now let’s reflect


We had some folks in charge of our university that had told us all along “we have a process in place to hire Hart and let him do a deep dive into our athletic dept and everything that encompasses.” Hart and our leadership figured out that in order to attract a competent AD and football coach, we had to clean some things up. Including getting us back on sound financial ground. Also, in order to attract a Mike Houston, we needed to show commitment of funds to level the playing field within our conference.

It probably took a good bit of time, attorney know how and politic’n to make this happen but we have solidly positioned ourselves to press the reset button and give us a chance to be successful again. In short, we refinanced our mortgage to payoff unsecured debt to get us back on track with our monthly household budget. Ideal situation? No. But if we make the right moves, looks like we have, this could be the resurgence we need to take next steps athletically and academically.

We need to give credit for a long term plan and successfully seeing it through amid heavy pressure and and a lot of heat. This is going to pain a lot of the moaners , but That’s true leadership!

Posted: 12/06/2018 at 09:39AM



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