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Georgia Tech Athletics
Georgia Tech Football
Any news?? (stage 3: press coverage)
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<blockquote data-quote="Vespidae" data-source="post: 894554" data-attributes="member: 2957"><p>I think the best path forward is to use this crisis as a catalyst to major change. Let the AA get a $10M loan to buy Geoff out. Then, have several donors pony up $25 million towards debt relief IF ... it is matched 3:1 by individual contributions. That cuts $100M right there. Refi. And do it again next year. </p><p></p><p>As long as we have the debt we do, we have so little room to maneuver. We really do need a major fundraising goal to restore financial flexibility to the AA.</p></blockquote><p></p>
[QUOTE="Vespidae, post: 894554, member: 2957"] I think the best path forward is to use this crisis as a catalyst to major change. Let the AA get a $10M loan to buy Geoff out. Then, have several donors pony up $25 million towards debt relief IF ... it is matched 3:1 by individual contributions. That cuts $100M right there. Refi. And do it again next year. As long as we have the debt we do, we have so little room to maneuver. We really do need a major fundraising goal to restore financial flexibility to the AA. [/QUOTE]
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