quote:
Money to pay for the project will be raised through sponsorships, private donations, ticket sales and other possible sources. Jurich said it's too soon to know if U of L will seek any financing through government bonding.

Sounds a little too Yummy ~ all over again. the basketball arena was a complete funding nightmare for all Commonwealth taxpayers.

Yum Center....$800m in debt back in 2013/2014

didn't ol TJ have to go out and hire the same attorney for General Counsel that the goats in Chapel Hell were using (to cover up and deflect NCAA scrutiny) regarding Lville's tax problems on the debt nightmare that is the Yum Center?

Props to UK for not being sketchy & underhanded in your facility management and planning

This post was edited on 8/30/15 at 1:58 pm

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Posted by Cheese Grits

Wherever I lay my hat is my home

Member since Apr 2012

55225 posts

Posted on 8/30/15 at 4:27 pm to 1801

YUM was set up to revert back to UL at pennies on the dollar which was actually pretty smart on their part. The guy that made the money on the deal was a UK alum tho, as did some of his buds.

More of the rich from UK and UL making bank of the taxpayers of KY wallets and purses.

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