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Cal’s Board of Regents are scheduled to meet Tuesday. A closed session, the agenda is “UC Berkeley Pac-12 Conference Membership.” The Bears are facing over $200 million in debt from renovations to Memorial Stadium.
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Cal to Big West being discussed. Drop football? Move to FCS? All on the table.
Cal to Big West being discussed. Drop football? Move to FCS? All on the table.
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LA to SF? They've already spent more on the middle section than the ENTIRE project was projected to cost. Any yet, not an inch of rail has layed. The French company which was to build the line bugged out because of bureaucratic interfenence, and in the intervening time has COMPLETED a bullet train in Morocco. Moracco!
200 million is wrong--its over 455 million they have paid no principal. Its a giant fucking disaster fuckup.
https://bleacherreport.com/articles/1680579-cals-stadium-renovation-debt-shows-schools-need-to-keep-football-in-perspective
What a great idea now that they have commiitted themselves to eons of debt repayments. So walk away and quit football. Maybe what. stick the debt on the student body or maybe the taxpayer? How very California public education of them.