Home
Articles
Photos
Interviews
Forums
New posts
Search forums
Georgia Tech Recruiting
Dashboard
What's new
New posts
New profile posts
Latest activity
Chat
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Georgia Tech Athletics
Georgia Tech Football
GT Peer Group & Path to Success
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="RonJohn" data-source="post: 892720" data-attributes="member: 2426"><p>So you aren't providing any information on the financial statements that prove that GT Athletics has the money available to pay the buyout? Instead you want to justify the expense even though the money is not available? There are plenty of people who have bad roofs on their house and can't afford to replace the roof and can't finance it either. It is definitely more expensive to keep the bad roof and suffer water damage to the structure of the house than it is to replace the roof. However, I haven't met a roofing contractor that will provide a roof for free.</p><p></p><p>If you can find money in the financial statements that is available to pay the buyout and hire a good new coach, I am extremely interested in looking at it. Otherwise, I don't really care about numbers that somebody heard, inferred, or read on a message board. In fact, I don't really care about the interpretations of the public statements from the athletic association. The AI2020 campaign was successful, but it included endowment grants and pledges for future money. There was not an infusion of $175 million in cash to the athletic association. Please find a one time infusion of $38 million in the balance books and point it out to me. I have looked and have not seen it.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 892720, member: 2426"] So you aren't providing any information on the financial statements that prove that GT Athletics has the money available to pay the buyout? Instead you want to justify the expense even though the money is not available? There are plenty of people who have bad roofs on their house and can't afford to replace the roof and can't finance it either. It is definitely more expensive to keep the bad roof and suffer water damage to the structure of the house than it is to replace the roof. However, I haven't met a roofing contractor that will provide a roof for free. If you can find money in the financial statements that is available to pay the buyout and hire a good new coach, I am extremely interested in looking at it. Otherwise, I don't really care about numbers that somebody heard, inferred, or read on a message board. In fact, I don't really care about the interpretations of the public statements from the athletic association. The AI2020 campaign was successful, but it included endowment grants and pledges for future money. There was not an infusion of $175 million in cash to the athletic association. Please find a one time infusion of $38 million in the balance books and point it out to me. I have looked and have not seen it. [/QUOTE]
Insert quotes…
Verification
Who made "The Leap" to defeat u(sic)GA in COFH 2016?
Post reply
Home
Forums
Georgia Tech Athletics
Georgia Tech Football
GT Peer Group & Path to Success
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top