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Bo is hopeless

Started by hawgon, November 16, 2017, 03:43:26 pm

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Tony Perkis

Quote from: duckman on November 21, 2017, 03:56:37 pm
Bo is quite possibly the most butthurt individual in the state right now...  All that ass kissing is now wasted
It really is sad at this point. I listen to him after work now for pure comedic value. Just a miserable guy haha.

Lrtalk

"Sold" and "Committed" are very different things.  The suites and loge boxes as of today are nothing more than commitments with down payments being the only thing that is in the bank.  The down payments are minor compared to the total price tag.  Anyone who chooses to bail can do so with no further cash outflow.  This alone would be reason for concern with the BOT when viewed in context of the debt and the status of the football program.  If media is using the term "sold" to describe status, that's misleading at best.

 

ricepig

Quote from: Lrtalk on November 21, 2017, 05:33:27 pm
"Sold" and "Committed" are very different things.  The suites and loge boxes as of today are nothing more than commitments with down payments being the only thing that is in the bank.  The down payments are minor compared to the total price tag.  Anyone who chooses to bail can do so with no further cash outflow.  This alone would be reason for concern with the BOT when viewed in context of the debt and the status of the football program.  If media is using the term "sold" to describe status, that's misleading at best.
The RF says they have "commitments", nobody has ever said they have received full payment for the suites/boxes. The existing suites are sold on a yearly basis. The RF and UofA Foundation receive donations all the time that isn't a full check, but some money and a commitment to pay the rest.

Steelhawg

Quote from: Tony Perkis on November 21, 2017, 04:37:13 pm
It really is sad at this point. I listen to him after work now for pure comedic value. Just a miserable guy haha.

It's really not even comedy. I tbink he and his little gang try to be but it's no listen radio. Bo is butt hurt right now cause he thought he was important and realizes he isn't and don't know what to do.
"All things good or bad will come to an end. Except time."Roger Waters

Lrtalk

Quote from: ricepig on November 21, 2017, 05:40:03 pm
The RF says they have "commitments", nobody has ever said they have received full payment for the suites/boxes. The existing suites are sold on a yearly basis. The RF and UofA Foundation receive donations all the time that isn't a full check, but some money and a commitment to pay the rest.
The point is simply that the bonds aren't on the come while the sales are on the come.  Long made a bet.  The bet may wind up being a loser.  BOT is dealing with that.

ricepig

Quote from: Lrtalk on November 21, 2017, 07:32:17 pm
The point is simply that the bonds aren't on the come while the sales are on the come.  Long made a bet.  The bet may wind up being a loser.  BOT is dealing with that.
The BOT surely had enough sense to realize that when they Ok'd the plan in the beginning. The bonds are backed by athletic revenue, not suite sales alone. There are $90m in unallocated revenues for the bonds, they come before jock straps, lol.

Cinco de Hogo

Quote from: ricepig on November 21, 2017, 07:46:04 pm
The BOT surely had enough sense to realize that when they Ok'd the plan in the beginning. The bonds are backed by athletic revenue, not suite sales alone. There are $90m in unallocated revenues for the bonds, they come before jock straps, lol.

Well in the end the bet was on a successful football program so Long should have said "winning is the only thing".

Hawgzinbowlz

Just like CBB, BM needs to move on.

" GO HOGS "