guaranteed some will. They have almost no future revenue to leverage.
Agreed. Even though Tony Frank guaranteed that they won't.
guaranteed some will. They have almost no future revenue to leverage.
So who breaks ground first, us or them?
So who breaks ground first, us or them?
The soccer fans may wish otherwise but the numbers don't show significant movements towards popularity for soccer in the US. MLS attendance is stagnant and while we joke about CSU attendance the Rapids average is less.
That's actually really impressive growth in the last few years.That's just blatantly not true. MLS is setting its third straight year of attendance records.
MLS attendance in relation to NHL/NBA
View attachment 10560
That's actually really impressive growth in the last few years.
He said in his announcement that if the university has not identified a viable financing plan for the new stadium within two years, it will have to suspend the efforts and instead make investments in the existing Hughes Stadium to ensure it remains a viable option for Colorado State football.
Read more:New Colorado State stadium gets OK; needs $125 million in fundraising - The Denver Posthttp://www.denverpost.com/breakingn...state-stadium-gets-ok-needs-125#ixzz285BYNGQW
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$125MM is the number. Key quote
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But, but, but, ................ 'gasm assured us - ASSURED US I TELL YOU - that ground would be breaking this year. And now they're telling me that they won't even start until they raise $125 million --- that they haven't even STARTED raising said funds? WOW!!! The disappointment is ripe.yup. aint happening.
But, but, but, ................ 'gasm assured us - ASSURED US I TELL YOU - that ground would be breaking this year. And now they're telling me that they won't even start until they raise $125 million --- that they haven't even STARTED raising said funds? WOW!!! The disappointment is ripe.
$125MM is the number. Key quote
I bet they have the money lined up
One of the other key quotes to come out of Frank's statement today: "Hughes Stadium is in need of maintenance, $30M over the next decade at a minimum."
I am guessing that $30M figure helped make his decision to move forward much easier. It makes absolutely zero sense to invest that amount of money into Hughes.
I bet they have the money lined up
Not at all. You guys think im crazy, but I don't think Graham and Frank are dumb enough to go this far down the line without knowing exactly how much they needed and if they had enough pledged to get there. I know that the argument of the day is that they using this as an out - but I don't buy it. They're already invested hundreds of thousands if not millions (old AD's buyout was $880k) into this process.
The stadium will be built and then no one will care that the revenue doesn't meet expectation and the general fund has to be tapped to support the payments.
One of the other key quotes to come out of Frank's statement today: "Hughes Stadium is in need of maintenance, $30M over the next decade at a minimum."
I am guessing that $30M figure helped make his decision to move forward much easier. It makes absolutely zero sense to invest that amount of money into Hughes.
they already have the money lined up guys. OMFG said so months ago.
/end thread.