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BigBlueTopper
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JDHLaw11 said...
You're much more positive in your interpretation that I am, Jeremy.
I took away two major points from the interview:
1. The money in the two year budget (which includes the revenues of the athletics department) that has been allocated for debt service will not be used to service the debt from (imaginary) football facilities upgrades. This budget is for FY '12 and '13.
2. There is no plan in place for any future facilities upgrades for football, and certainly nothing to take to the legislature for approval.
footballcat65
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hoptownukfan
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BigBlueTopper said...
Commonwealth honestly isn't a bad stadium at all. I believe it's the newest in the SEC. It's just boring as hell to look at. Slap some paint on it and it'd immediately add a ton of personality. Paint the endzones blue with white lettering and black or grey trim and make the midfield logo bigger and paint it blue. Little things could go a long way to improve the look of the existing stadium.
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Catmando said...
Some of you guys are such eternal optimist, it's ridiculous. Somebody could shit in your sleeping bag, and you'd never admit that it stunk.
At this very critical juncture in UK football, where the promise of upgrades is a neccessity for hiring a big time coach, he passes on his chance to even suggest that upgrades might be on the way?
There is no reason to withold the intentions to bond money for atheletics if he actually intends to do so. Sure, he isn't going to give specific details that aren't 100% known, but this was the perfect opportunity to tell the fanbase: don't panick, better times are ahead. His silence on the matter is LOUD AND CLEAR! SCREW FOOTBALL! is what this guy is telling us. Get used to suckin boys and girls!
hoptownukfan
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hoptownukfan
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hoptownukfan said...
Capiluto was very veiled in his comments. If you listen closely you notice he said two things. A. They have set aside 15 million over the next two years to escentially prove to Frankfort that they can pay for non athletics projects. Because those facilities won't create revenue that's why they have to take that extra step.
When he discussed athletics he said they would "self finance". What does that mean? It means that athletics can "finance" with their own new revenue created by the football upgrades. It's easier for athletics to prove that they can repay debt because the stadium upgrades create more revenue.
Lastly, listen even more closely and you find out that capiluto said they had no specific plans for any part of campus ready to take to Frankfort. Uk is working on requesting between $350 and 500 million in additional bonding capacity. The details have yet to be worked out.
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jamccain said...
Of course he was veiled...he has no plan, no idea, no care about our continued spiral into the football abyss.
I listened closely. I heard a lot about dorms, heard a lot about soccer and softball, heard they have no plan, something about $15M which made sense to nobody, heard he was happy the athletic dept. didn't have any debt, and heard NOTHING about how they are going to make UK football competitive.
Bottom LIne, he had four minutes to give us a ray of hope...he failed to do that.
hoptownukfan
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Eli Capiluto talks football upgrades