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<blockquote data-quote="roadkill" data-source="post: 997647" data-attributes="member: 1555"><p>Agree with your take.</p><p></p><p>With the stakes this high, you would expect a competent entity embarking on this process to have a well-thought-out plan that included either advance commitments or high-probability events occurring. There is no evidence of any of this. FSU is acting like they are still exploring options. One of them is to accept that the $500M+ payout can't be avoided, so they and their BoT are looking at ways of financing it. To put it in perspective, they appear to be willing to go into nearly twice as much debt as we have, but without a capital asset improvement to show for it. They also haven't shown much in their filings that underpins a strong case against the ACC. </p><p></p><p>This is the behavior of a school that had already made an impulsive decision to leave the ACC and, after the high wore off, is now throwing stuff against the wall and hoping something sticks to alleviate their problems.</p></blockquote><p></p>
[QUOTE="roadkill, post: 997647, member: 1555"] Agree with your take. With the stakes this high, you would expect a competent entity embarking on this process to have a well-thought-out plan that included either advance commitments or high-probability events occurring. There is no evidence of any of this. FSU is acting like they are still exploring options. One of them is to accept that the $500M+ payout can't be avoided, so they and their BoT are looking at ways of financing it. To put it in perspective, they appear to be willing to go into nearly twice as much debt as we have, but without a capital asset improvement to show for it. They also haven't shown much in their filings that underpins a strong case against the ACC. This is the behavior of a school that had already made an impulsive decision to leave the ACC and, after the high wore off, is now throwing stuff against the wall and hoping something sticks to alleviate their problems. [/QUOTE]
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