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re: So when do we think Butch is fired?
Posted on 10/4/17 at 12:45 am to meansonny
Posted on 10/4/17 at 12:45 am to meansonny
First off, I said make. Not gained.
Second off, if I had said gained then we'd still bend you over for $20 million more reasons.
LINK /
Edit: I realize that the numbers are a little dated. If you'd like to present more current numbers where we don't bend you over even though we are terrible, I would be happy to look them over.
Second off, if I had said gained then we'd still bend you over for $20 million more reasons.
LINK /
Edit: I realize that the numbers are a little dated. If you'd like to present more current numbers where we don't bend you over even though we are terrible, I would be happy to look them over.
This post was edited on 10/4/17 at 12:48 am
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Posted on 10/4/17 at 6:49 am to InVolNerable
I don't think the issue is with the dates. The issue is that these are not true representations of the schools annual budget.
Here is a link from the Tennessean covering the same dated timespan.
The profit numbers are different. Why? Debt. Paying back bonds. I appreciate the civil conversation on the subject. But debt and paying down the debt is what got me involved in the thread.
It isn't profit if you don't put it into your reserve fund. As of 2 years ago, Tennessee had the smallest reserve fund in the conference and the third largest debt. If all this money is profit, where is it going? To facilities? Because that still isn't profit. That is paying back debt.
The good news is that your revenue is so high that you should be able to make financial improvements to your balance sheet. But are you? Or does the athletic fund still take money from the University.
Here is a link from the Tennessean covering the same dated timespan.
The profit numbers are different. Why? Debt. Paying back bonds. I appreciate the civil conversation on the subject. But debt and paying down the debt is what got me involved in the thread.
It isn't profit if you don't put it into your reserve fund. As of 2 years ago, Tennessee had the smallest reserve fund in the conference and the third largest debt. If all this money is profit, where is it going? To facilities? Because that still isn't profit. That is paying back debt.
The good news is that your revenue is so high that you should be able to make financial improvements to your balance sheet. But are you? Or does the athletic fund still take money from the University.
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